Veterans United Realty
21 Photos

4950 N Marine Drive 508, Chicago, IL 60640

$140,000 Asking Price

1 bed
1 bath
700  sqft
Built in 1947

Large, south-facing one-bedroom available in full amenity building. Freshly painted, updated kitchen with a new stove. Price includes an external storage unit on the same floor, 42-50. Great location across from lakefront bike path and steps from Montrose & Foster beach. Plenty of public transportation nearby (the 136, 146 and 148 buses stop right in front of the building). Restaurants, stores and historical music venues all within walking distance. Full amenity building that includes on-site management office & maintenance, 24 hr front desk staff, package receiving, laundry room, gym, game room, business center, community center, 2 rooftop decks with 360 views of lake and city, bike rooms, and more. Unit can be rented out as long as owner occupancy is 51%, currently at 54%. Building is FHA approved. Association has over $4m in reserves and no specials are scheduled. No Airbnb's allowed and must be a minimum 6 month lease.


Listing Status:
Backup
Date Added:
May 3, 2024 — 19 days ago
Listing Office:
Coldwell Banker Realty, Susan Strange (773-742-4918)
Office Phone:
773-742-4918
MLS ID:
12043563

Features & Amenities

Interior

Rooms:
No additional rooms
Basement:
None
A/C:
Window/Wall Unit - 1
Heating:
Electric, Baseboard
Disability Feature:
None

Exterior

General:
Brick
Parking:
Garage, Parking spaces: 0

Construction

General:
Condo

Location

HOA Amenities:
Heat, Water, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet, 572.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
14084120401149

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo
Buyers Agent Compensation:
2.5% - $450

This listing courtesy of:
Coldwell Banker Realty, Susan Strange

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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