4850 S Lake Park Ave, Unit 2508B

$55,000
Price
2
Beds
1,100 Sq. Ft.
$50 / Sq. Ft.
1,100
Sq. Ft.
$50
per Sq. Ft.

Description

CASH ONLY, OWNER OCCUPIED BUILDING -- Welcome to Unit 2508B at 4850 S Lake Park Avenue, a fully renovated top-floor home in one of Hyde Park's most iconic high-rises. This beautifully updated two-bedroom, one-bathroom co-op offers panoramic views of Lake Michigan, the skyline, and seasonal fireworks-capturing the best of lakefront living. The unit features a brand-new kitchen with modern cabinetry, stainless steel appliances, and quartz countertops. The bathroom has been fully remodeled, and both...CASH ONLY, OWNER OCCUPIED BUILDING -- Welcome to Unit 2508B at 4850 S Lake Park Avenue, a fully renovated top-floor home in one of Hyde Park's most iconic high-rises. This beautifully updated two-bedroom, one-bathroom co-op offers panoramic views of Lake Michigan, the skyline, and seasonal fireworks-capturing the best of lakefront living. The unit features a brand-new kitchen with modern cabinetry, stainless steel appliances, and quartz countertops. The bathroom has been fully remodeled, and both bedrooms are bright and spacious with ample closet space. New flooring throughout completes this move-in-ready home. This is a cash-only, owner-occupied building. Monthly assessments of $1,348 include heat, water, common insurance, exterior maintenance, scavenger, 24-hour door staff, and real estate taxes. A $6,000 refundable shareholder amount is required at possession. Covered garage available for an additional $85/mo. Residents enjoy secure entry, on-site management, package receiving, and a laundry facility. Dogs up to 20 lbs are welcome. Just steps from the express bus to downtown and within walking distance to Whole Foods, restaurants, parks, the lakefront, and the University of Chicago, this home offers convenience, views, and value in one of Chicago's most vibrant neighborhoods.

Property Details for 4850 South Lake Park Avenue, Unit 2508B

Area
CHI - Kenwood
Township
Hyde Park
Ownership
Co-op
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Parking Included in Price
No
Air Conditioning Type
Central Air
Heat/Fuel
Natural Gas, Forced Air
LISTING UPDATED: 11/10/2025 10:40 PM

Property Details for 4850 South Lake Park Avenue, Unit 2508B

StatusContingent
MLS #12386806
Days on Market155
Taxes-
HOA Fees$1,348 / month
Condo/Co-op Fees-
Compass TypeCo-op
MLS TypeAttached Single / High Rise (7+ Stories)
Year Built1970
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 4850 South Lake Park Avenue, Unit 2508B

Building/Complex4850 S Lake Park AveFloor-Stories25Residences360Pet PolicyAllowedPet Policy Details20Year Built1970

Payment Calculator

$1,620 per month

30 year fixed, 6.28% Interest

Principal and Interest

$272

Property Taxes

$0

HOA Dues

$1,348

The Payment Calculator is for illustrative purposes only.

Property Information for 4850 South Lake Park Avenue, Unit 2508B

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • High School: Kenwood Academy High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Concrete, Garage, Yes, Other, Detached
Pet Information
  • Max Pet Weight: 50.0
  • Pet Information: Cats OK, Dogs OK
Location and General Information
  • Front Exposure: North, East
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Taxes, Common Insurance, Security System, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Interior Property Features: Dining Combo, Doorman, Health Facilities, Lobby, Shops
  • Common Area Amenities: Elevator
  • Num Of Rooms: 5
  • Bedrooms Total: 2
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 2
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Hardwood, Laminate, Carpet
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 1.0
Exterior Features
  • Type: High Rise (7+ Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances, Range Hood
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Type Attached: High Rise (7+ Stories)
  • Total Sq Ft: 1200
  • Aprox Total Finished Sq Ft: 1200
  • Total Finished and Unfin Sq Ft: 1200
  • Upper Sq Ft: 1200
  • Lot Dimensions: COMMON
  • Stories Total: 25
  • Total # Units in Building: 360.0
  • Waterfront: No
  • Disability Access and/or Equipped: Yes
  • Construction: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 4850
  • East Coordinate: 1700
  • West Coordinate: 0
  • Accessibility Features: Kitchen Modifications
  • Living Area Source: Landlord/Tenant/Seller
  • Management Company: Harper Square Association
Property and Assessments
  • Buyer Financing: Cash
  • Public Document Count: 0
  • Photos Count: 9
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 11X17
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 10X15
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 8X11
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 5X11
Laundry Information
  • Laundry Level: Second
  • Room Type: Laundry
  • Laundry Dimensions: 20X30
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 13X14

Property History for 4850 South Lake Park Avenue, Unit 2508B

DateEvent & SourcePriceAppreciation
Nov 9, 2025

Contingent

MRED #12386806

Sep 12, 2025

Listed (Active)

MRED #12386806

$55,000
Jul 28, 2025

Contingent

MRED #12386806

Jun 10, 2025

Listed (Active)

MRED #12386806

$55,000
May 31, 2022

Sold

MRED #11224707

$45,000
Mar 31, 2022

Pending

MRED #11224707

Mar 30, 2022

Contingent

MRED #11224707

Mar 10, 2022

Listed (Active)

MRED #11224707

$45,000
Jan 25, 2022

Contingent

MRED #11224707

Oct 1, 2021

Listed (Active)

MRED #11224707

Sep 26, 2021

Contingent

MRED #11224707

Sep 26, 2021

Listed (Active)

MRED #11224707

Sep 23, 2021

Contingent

MRED #11224707

Sep 20, 2021

Listed (Active)

MRED #11224707

$45,000
DateEvent & SourcePrice
11/09/2025

Contingent

MRED #12386806

09/12/2025

Listed (Active)

MRED #12386806

$55,000
07/28/2025

Contingent

MRED #12386806

06/10/2025

Listed (Active)

MRED #12386806

$55,000
05/31/2022

Sold

MRED #11224707

$45,000
03/31/2022

Pending

MRED #11224707

03/30/2022

Contingent

MRED #11224707

03/10/2022

Listed (Active)

MRED #11224707

$45,000
01/25/2022

Contingent

MRED #11224707

10/01/2021

Listed (Active)

MRED #11224707

09/26/2021

Contingent

MRED #11224707

09/26/2021

Listed (Active)

MRED #11224707

09/23/2021

Contingent

MRED #11224707

09/20/2021

Listed (Active)

MRED #11224707

$45,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4850 South Lake Park Avenue, Unit 2508B

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - K to 6
Public - 7 to 12
Charter - PK to 5
Rating
School
Distance
Ray Elementary School
PublicPK to 8

Shoesmith Elementary School
PublicK to 6

Kenwood Academy High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/10/2025 10:40 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.