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$45,000 Contingent
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Property Description
For Sale in Hyde Park This beautiful 2-bedroom, 1-bathroom unit offers comfort and convenience near downtown Chicago. The home features new ceiling lights, a mini bar area, and brand-new appliances-including a gas stove (covered in the monthly fees). Property Details: * Carrying Charges (monthly fee): $1,211 * Shares/Refundable Deposit: $5,800 * Garage Parking: Starting at $75/month Monthly fee includes: * Heat, water, and cable (HBO, Showtime, and STARZ included) * All unit maintenance * Common area amenities * Gas stove and appliance coverage Additional Highlights: * 24/7 building and garage security * Only electric is excluded from monthly fees * Owners must live in the unit for at least one year before selling * Renovations/changes must be board-approved Located in the heart of Hyde Park, this unit combines affordability, security, and modern upgrades in one of Chicago's most desirable neighborhoods.
Full Property Details
Full Property Details for 4850 S Lake Park Ave #412
General
- Price: $45,000
- Taxes: (2023)
- Status: Contingent
- Type: Co-op
- Source: MRED
- MLS ID: 12462221
- Updated: 12/12/2025
- Added to Site: 138 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: Commuter Bus, Commuter Train, Non-Smoking Building
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - Kenwood
- County: Cook
- Township: Hyde Park
- Driving Directions: Take exit 48th south on Lake Shore Drive then turn south on Lake Park Ave
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
- Pets: Size Limit
- Pet Restrictions: Size Limit, / 20lbs.
- Mgmt. Company: Harper Square
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: High-Rise (7 or More Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 4
- Stories/Levels: 25
- Square Feet: 1,500
- Sq. Ft. Source: Estimated
- Year Built: 1970
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 591
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Size Limit
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assessment Year: 1970
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Co-op
- Property ID: 20112160630000
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Schools
Schools serving 4850 S Lake Park Ave #412
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 #412
Date
Details
Price
Change
Source
10/20/2025
Price Reduced
$45,000
-10%
MLS
9/03/2025
Listed
$50,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4850 S Lake Park Ave #412
Year
Property Taxes
Change
Tax Assessment
Change
2023
$274,914
20%
$1,713,900
—
2022
$229,111
41%
$1,713,900
—
2021
$162,452
1%
$1,713,900
10%
2020
$161,322
-19%
$1,555,252
—
2019
$198,764
48%
$1,555,252
—
2018
$134,559
-7%
$1,555,252
12%
2017
$144,852
-10%
$1,382,447
—
2016
$161,790
-2%
$1,382,447
—
2015
$165,407
15%
$1,382,447
15%
2014
$143,779
-25%
$1,206,113
—
2013
$191,207
-1%
$1,206,113
—
2012
$193,079
—
$1,206,113
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4850 S Lake Park Ave #412
4850 S Lake Park Avenue #412, Chicago, IL 60615 (MLS# 12462221) is a Co-op property with 2 bedrooms and 1 full bathroom. 4850 S Lake Park Avenue #412 is currently listed for $45,000 and was received on September 03, 2025. Want to learn more about 4850 S Lake Park Avenue #412? 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.

