4850 S Lake Park Avenue #2508B, Chicago, IL 60615 - Photo 1

1/1

$56,000

Sold
Closed
Co-op
2 Beds
1 Full Bath
1,100 Sq. Ft.
1 Car Garage

1/1

Property Description

CASH ONLY, OWNER OCCUPIED BUILDING -- Welcome to Unit 2508B at 4850 S Lake Park Avenue, a fully renovated top-floor home in one of Hyde Park's most iconic high-rises. This beautifully updated two-bedroom, one-bathroom co-op offers panoramic views of Lake Michigan, the skyline, and seasonal fireworks-capturing the best of lakefront living. The unit features a brand-new kitchen with modern cabinetry, stainless steel appliances, and quartz countertops. The bathroom has been fully remodeled, and both bedrooms are bright and spacious with ample closet space. New flooring throughout completes this move-in-ready home. This is a cash-only, owner-occupied building. Monthly assessments of $1,348 include heat, water, common insurance, exterior maintenance, scavenger, 24-hour door staff, and real estate taxes. A $6,000 refundable shareholder amount is required at possession. Covered garage available for an additional $85/mo. Residents enjoy secure entry, on-site management, package receiving, and a laundry facility. Dogs up to 20 lbs are welcome. Just steps from the express bus to downtown and within walking distance to Whole Foods, restaurants, parks, the lakefront, and the University of Chicago, this home offers convenience, views, and value in one of Chicago's most vibrant neighborhoods.

Full Property Details

Full Property Details for 4850 S Lake Park Ave #2508B

General

Sold For: $56,000
HOA FEE: $1,348/month
Taxes: (2023)
Status: Closed
Type: Co-op
Source: MRED
MLS ID: 12386806
Added to Site: 221 day(s) ago

Interior

Interior Features: Dining Combo, Doorman, Health Facilities, Lobby, Shops
Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
Flooring: Hardwood, Laminate, Carpet

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Additional Information

Shared Amenities: Elevator(s)

Parking

Garage: Yes
Garage Spaces: 1
Total Spaces: 1
Parking Features: Concrete, Garage, Yes, Other, Detached

Location

Area: CHI - Kenwood
County: Cook
Driving Directions: 47th Street East, south on Lake Park

School Information

School District: 299
Midd School District: 299
High School: Kenwood Academy High School
Private School: Kenwood Academy High School

Community

Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Taxes, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Pets Allowed: Yes
Pet Restrictions: Cats OK, Dogs OK, / 50lbs.
Mgmt. Company: Harper Square Association

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Natural Gas, Forced Air

Utilities

Water: Public

Structural Information

Structure Type: High-Rise (7 or More Stories)
Construction: Brick
Exterior Const.: Brick
Basement Desc.: None
Sub-Flooring: Hardwood, Laminate, Carpet
Entry Floor Number: 17
Stories/Levels: 25
Square Feet: 1,100
Sq. Ft. Source: Landlord/Tenant/Seller
Year Built: 1970
Built Before 1978: Yes

Unit Information

Units in Building: 360

Lot Features

Lot Dimensions: COMMON

Financial Considerations

Association Fee: $1,348
Assoc Fee Freq.: Monthly
Assessment Year: 1970
Tax Year: 2023

Disclosures and Reports

Ownership: Co-op
Property ID: 20112060580000

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Meet the listing and selling agents

— 4850 S Lake Park Ave #2508B —

Wilonda Cannon

Email Me

(708) 858-3446 mobile
Jordin Johnson

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(708) 655-0873 mobile

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Schools

Schools serving 4850 S Lake Park Ave #2508B

School District:Chicago Public School District 299

Name	Grades	Distance
Shoesmith Elementary School 1330 East 50th Street, Chicago, IL 60615	K-6	0.2 mi
Ray Elementary School 5631 South Kimbark Avenue, Chicago, IL 60637	7-8	1 mi
Kenwood Academy High School 5015 South Blackstone Avenue, Chicago, IL 60615	9-12	0.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4850 S Lake Park Ave #2508B

Date

Details

Price

Change

Source

12/23/2025

Sold

$56,000

1.82%

MLS

6/10/2025

Listed

$55,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
Active
Updated 14 hours ago

3
Beds
2
Total Baths
2,187
Sq. Ft.

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Updated 12 hours ago

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Just Listed

$320,000

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Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath
1,110
Sq. Ft.

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Just Listed

$349,000

Open House

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Single Family
Active
Updated 5 days ago

4
Beds
2
Total Baths
1,381
Sq. Ft.

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Price Reduced

-$2,000 (-0.73%)

$272,900

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Active
Updated 2 days ago

4
Beds
2
Total Baths
1,700
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-$10,000 (-1.74%)

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Active
Updated 1 day ago

5
Total Beds

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Price Reduced

-$36,000 (-5.26%)

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Lots/Land
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Updated 2 days ago

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Price Reduced

-$10,000 (-3.23%)

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Updated 12 hours ago

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Sold

$51,000

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Co-op
Closed

2
Beds
1
Total Bath
2,000
Sq. Ft.

Sold

$55,000

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Condo
Closed

2
Beds
1
Total Bath
1,100
Sq. Ft.

Sold

$51,500

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Co-op
Closed

2
Beds
1
Total Bath
1,200
Sq. Ft.

Listed by Camille Harris

Sold

$52,800

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Condo
Closed

2
Beds
1
Total Bath
1,200
Sq. Ft.

4850 S Lake Park Avenue #2508B, Chicago, IL 60615 (MLS# 12386806) is a Co-op property that was sold at $56,000 on December 23, 2025. This property was listed by Wilonda Cannon from our Gold Coast Office.Want to learn more about 4850 S Lake Park Avenue #2508B? Do you have questions about finding other Co-op real estate for sale in Kenwood? You can browse all Kenwood real estate or contact a Coldwell Banker agent to request more information.

4850 S Lake Park Ave #2508B Chicago, IL 60615