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Eric Northouse

eric@qcrealtybroker.com +1(563) 800-5560

$ 39,900

Est. payment -/mo

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4850 S Lake Park AVE #308B Chicago, IL 60615

2 Beds

1 Bath

UPDATED:

Key Details

Property Type Condo

Sub Type Co-op

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12803217

Bedrooms 2

Full Baths 1

HOA Fees $1,377/mo

Rental Info No

Year Built 1970

Tax Year 2024

Lot Dimensions COMMON

Property Sub-Type Co-op

Property Description

With today's interest rates, a cash purchase can make more sense than taking on a 30-year mortgage. If you've saved a down pyment, those savings may be enough to buy this move-in-ready home at Harper Square Coperative, with no mortgage pyment and no interest. This beautifully updated 2-bedroom, 1-bath home has a remodeled bathroom, updated flooring, and custom closets throughout, designed to maximize storage. The north-facing unit offers comfortable living and dining areas and peaceful treetop views over the courtyard. Its third-floor location adds everyday convenience: elevator rides are short; groceries and packages are easy to bring in, and the leafy courtyard views make the home feel private. When you buy into a coperative, you purchase shares in the corpp that owns the building, and those shares come with a proprietary lease that gives you the right to live in your unit. One of the biggest advantages is that the $1,377 monthly assessment covers costs most homeowners submit separately. It includes real estate taxes, heat, air conditioning, gas, water, cable TV, interior and building maintenance, 24-hour door staff, the fitness center, and community spaces. Residents responsible only for electricity, internet, and optional rental parking. The location is hard to beat. You're steps from the University of Chicago, the Lakefront Trail, Whole Foods, Trader Joe's, Michelin-starred restaurants, parks, schools, the Museum of Science and Industry, CTA buses, and the Metra Electric Line. Downtown is about 15 minutes away by Metra or car, and Soldier Field and the Museum Campus are about 10 to 15 minutes by car via DuSable Lake Shore Drive. Whether you're commuting to work, catching a Bears game, or spending a day along the lake, Chicago is right at your doorstep. This is a cash purchase only. Co-op board approval is required, and rentals are not permitted. In addition to the purchase price, a $5,620 share deposit to Harper Square Coperative is due at purchase and returned to you when you sell.

Location

State IL

County Cook

Area Chi - Kenwood

Rooms

Basement None

Interior

Heating Electric

Cooling Central Air

Fireplace N

Laundry Common Area

Exterior

Garage Spaces 1.0

Amenities Available Door Person, Coin Laundry, Elevator in Residence, Exercise Room, On Site Manager/Engineer, Park, Party Room, Receiving Room, Security Door Lock(s)

Building

Dwelling Type Attached Single

Building Description Brick,Concrete, No

Story 25

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Concrete

New Construction false

Schools

Elementary Schools Shoesmith Elementary School

Middle Schools Ray Elementary School

High Schools Kenwood Academy High School

School District 299 , 299, 299

Others

HOA Fee Include Heat,Air Conditioning,Water,Taxes,Insurance,Security,Doorman,TV/Cable,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal

Ownership Co-op

Special Listing Condition None

Pets Allowed Cats OK, Dogs OK

Listed by Chandra Shealey of North Clybourn Group, Inc.

Eric Northouse

Agent Iowa S59922000Illinois 475200613

+1(563) 800-5560

Eric Northouse

4850 S Lake Park AVE #308B Chicago, IL 60615

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4850 S Lake Park AVE #308B