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About This Home

This 3-bedroom, 1-bathroom single family at 4850 S Lake Park Avenue in Chicago, IL is listed for $58,000 ($47 per sqft). Built in 1971, the home offers 1,227 sqft of living space on a N/A lot.

Agent Description

Seller is highly motivated and looking for a serious buyer ready to move into this beautifully maintained unit located in the heart of Hyde Park - one of Chicago's most sought-after neighborhoods. This home offers the perfect blend of comfort, convenience, security, and affordability with access to premium building amenities and city living near downtown Chicago.

Featuring modern updates, a spacious layout, and the added convenience of a gas stove and appliance coverage included in the monthly fee, this unit is ideal for a buyer seeking low-maintenance living in a secure, well-managed building. Property Details * Monthly Carrying Charges: $1,523 * Shares / Refundable Deposit: $6,240 * Garage Parking: Starti

ng at $75/month Monthly Fee Includes * Heat, water, and cable (HBO, Showtime, and STARZ included) * Gas stove and appliance coverage * All unit maintenance * Common area amenities Additional Highlights * 24/7 building and garage security * Only electricity is excluded from the monthly fee * Owner-occupancy required for at least one year before resa

le * All renovations or changes require board approval Located in desirable Hyde Park, this unit presents a rare opportunity to own an affordable, secure, and low-maintenance home in one of Chicago's most vibrant and growing communities. Perfect for buyers looking for value, convenience, and move-in-ready living. CASH DEAL ONLY

Key Features

  • Built in 1971
  • 2 parking spaces

Property Details

1 full
2 spaces
#2111
1971

Amenities

A/C

Monthly Cost Estimate

$310/mo

20% down · 6.5% · 30 years

Principal$42
Interest$251
Insurance$17

Estimates only. Actual payments may vary.

Location

4850 S Lake Park Avenue

Chicago, IL 60615

Property Details

Construction

Brick

Parking

GarageLeased

Heating

Steam

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 4850 S Lake Park Avenue is listed at $58,000 ($47/sqft). The estimated monthly payment is $251 based on 20% down at 6.5% interest.

Key features include: Built in 1971, 2 parking spaces.

This property is listed by Tiarra Washington and can be reached at (630) 439-6385 or tiarra@theforwardgroup.net.

TW

Tiarra Washington

Agent at Real Broker, LLC

(630) 439-6385

Listed by Real Broker, LLC · View on Broker Site

MLS# 12649015· Source: listhub· Updated 19 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4850 S Lake Park Avenue, Chicago, IL 60615

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