Date
Details
Price
Change
Source
9/09/2026
Listed
$40,000
—
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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1/15
$40,000 Just Listed
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Property Description
A well-maintained residence offering excellent value and strong long-term potential. Located on the 7th floor, this unit provides bright natural light and pleasant open views. The building features a fully renovated marble lobby, 24hour reception, and onsite security, creating a secure and welcoming environment for residents and guests. The home includes 2 bedrooms, 1 bathroom, and a functional combined living/dining/kitchen layout that offers flexibility for updates or customization. Ideal for buyers seeking an affordable entry into the Hyde Park/Kenwood market or investors looking for a value-add opportunity. Close to the lakefront, parks, public transit, and neighborhood amenities. Cash only!
Full Property Details
Full Property Details for 4850 S Lake Park Ave #709
General
- Price: $40,000
- Taxes: $274,914 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12741378
- Updated: 9/10/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Location
- Area: CHI - Kenwood
- County: Cook
- Township: Hyde Park
- Driving Directions: Lake shore drive to 47th street W to lake park then South to property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
- Mgmt. Company: HARPER SQUARE REALTY AND MORTGAGE CO.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 7
- Stories/Levels: 25
- Square Feet: 894
- Sq. Ft. Source: Estimated
- Year Built: 1970
- Built Before 1978: Yes
Unit Information
- Units in Building: 591
Lot Features
- Lot Dimensions: 293890
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assessment Year: 1970
- Tax Amount: $274,914
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Co-op
- Property ID: 20112060580000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 4850 S Lake Park Ave #709
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4850 S Lake Park Ave #709
Tax History
Tax History for 4850 S Lake Park Ave #709
Year
Property Taxes
Change
Tax Assessment
Change
2023
$274,914
—
$2,900,000
69%
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 #709
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- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 4Total Baths
- 2,100Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,052Sq. Ft.
- Single Family
- Active
- Updated 18 hours ago
- 6Beds
- 3Total Baths
- 1,896Sq. Ft.
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![[Address not provided], Chicago, IL 60615 - Photo 1](https://m1.cbhomes.com/p/155/12625545/34381DF971b54E0/s23cc.webp)
4850 S Lake Park Avenue #709, Chicago, IL 60615 (MLS# 12741378) is a Condo property with 2 bedrooms and 1 full bathroom. 4850 S Lake Park Avenue #709 is currently listed for $40,000 and was received on September 09, 2026. This property is listed by Aji Ojo from our Hyde Park Office.Want to learn more about 4850 S Lake Park Avenue #709? Do you have questions about finding other Condo real estate for sale in Kenwood? You can browse all Kenwood real estate or contact a Coldwell Banker agent to request more information.