4950 N Marine Drive #709, Chicago, IL 60640 - Photo 1

1/1

$125,000

Sold
Closed
Condo / Townhouse
1 Bed
1 Full Bath

1/1

Property Description

Bright one-bedroom steps from the lake. Wonderful location across from Margate Park and lakefront bike path. Close to Montrose & Foster beach. Lots of public transportation nearby including 136, 146 and 148 bus stop in front of the building. Full amenity building including 24 hr doorman, on-site mgmt office & maintenance, 2 rooftop decks with incredible views of lake and city, laundry room, gym, game room, business center, community center, bike rooms. Investor friendly building - unit rentals permitted with 49% rental cap (as of listing date 39% rented). Over $4m in reserves and no specials are scheduled. No Airbnb's - Leases must be 6 month or longer. Unit needs work / updating. All offers must include the Fiduciary Rider found in the Additional Info. BEING SOLD AS-IS

Full Property Details

Full Property Details for 4950 N Marine Dr #709

General

Sold For: $125,000
HOA FEE: $492/month
Taxes: $1,744 (2023)
Status: Closed
Type: Condo /Townhouse
Source: MRED
MLS ID: 12320124
Added to Site: 296 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Additional Information

Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s), Business Center

Parking

Garage: Yes
Attached garage: Yes
Parking Features: On Site, Attached, Garage
Parking On-Site: Yes

Location

Area: CHI - Uptown
County: Cook
Driving Directions: Marine Dr. North of Lawrence and South of Foster

School Information

School District: 299
Midd School District: 299

Community

Assoc. Fees Include: Heat, Water, Electricity, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Pets Allowed: Yes
Pet Restrictions: Additional Pet Rent, Cats OK, Dogs OK, Number Limit, / 999lbs.
Mgmt. Company: Shoreline Park Management

Heating & Cooling

Cooling Type: Wall Unit(s)
Heating Type: Electric, Baseboard

Utilities

Water: Lake Michigan, Public

Structural Information

Structure Type: High-Rise (7 or More Stories)
Construction: Brick
Exterior Const.: Brick
Basement Desc.: None
Entry Floor Number: 7
Stories/Levels: 15
Sq. Ft. Source: Not Reported
Built Before 1978: Yes

Unit Information

Units in Building: 570

Lot Features

Lot Dimensions: COMMON

Financial Considerations

Association Fee: $492
Assoc Fee Freq.: Monthly
Tax Amount: $1,744.9
Tax Year: 2023

Disclosures and Reports

Ownership: Condo
Property ID: 14084120401224

Listed by Baird & Warner
Sold by Executive Home Realty, Inc.

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— 4950 N Marine Dr #709 —

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Schools

Schools serving 4950 N Marine Dr #709

School District:Chicago Public School District 299

Name	Grades	Distance
Mccutcheon Elementary School 4865 North Sheridan Road, Chicago, IL 60640	PK-8	0.2 mi
Senn High School 5900 North Glenwood Avenue, Chicago, IL 60660	9-12	1.4 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 4950 N Marine Dr #709

Date

Details

Price

Change

Source

4/15/2025

Sold

$125,000

4.17%

MLS

3/27/2025

Listed

$120,000

—

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
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1
Total Bath
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Bed
1
Total Bath
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Total Bath
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4950 N Marine Drive #709, Chicago, IL 60640 (MLS# 12320124) is a Condo / Townhouse property that was sold at $125,000 on April 15, 2025. Want to learn more about 4950 N Marine Drive #709? Do you have questions about finding other Condo / Townhouse real estate for sale in Uptown? You can browse all Uptown real estate or contact a Coldwell Banker agent to request more information.

4950 N Marine Dr #709 Chicago, IL 60640