$145,000
$150,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
4970 N Marine Drive #1225 Chicago, IL 60640
1 Bed
1 Bath
Key Details
Sold Price $145,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Subdivision Shoreline Park
MLS Listing ID 11945070
Sold Date 01/31/24
Bedrooms 1
Full Baths 1
HOA Fees $494/mo
Year Built 1947
Annual Tax Amount $1,935
Tax Year 2022
Lot Dimensions COMMON
Property Description
Great opportunity to live across from the lake. Price includes a deeded parking space (F-22) and an external storage unit (114-70) on the same floor. 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. Assessment breakdown: base assessment $417.37, parking assessment $53.86 and internet $22.44 for a total of $493.67.
Location
State IL
County Cook
Rooms
Basement None
Interior
Heating Electric, Baseboard
Cooling Window/Wall Unit - 1
Fireplace N
Exterior
Garage Detached
Garage Spaces 1.0
Community Features 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, Laundry
Waterfront true
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Pets Allowed Additional Pet Rent, Cats OK, Dogs OK, Number Limit
HOA Fee Include Heat,Water,Parking,Insurance,Doorman,Exercise Facilities,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal,Internet
Ownership Condo
Special Listing Condition None
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Bought with Mike Checuga • RE/MAX NEXT