4950 N Marine Drive Unit 709
Chicago, IL 60640
- 1 bed
- 1 bath
- – sqft
- – on site
Bright one-bedroom steps from the lake. Wonderful location across from Margate Park and lakefront bike path. Close to Montrose & Foster beach. Lots of public transportation nearby including 136, 146 and 148 bus stop in front of the building. Full amenity building including 24 hr doorman, on-site mgmt office & maintenance, 2 rooftop decks with incredible views of lake and city, laundry room, gym, game room, business center, community center, bike rooms. Investor friendly building - unit rentals permitted with 49% rental cap (as of listing date 39% rented). Over $4m in reserves and no specials are scheduled. No Airbnb's - Leases must be 6 month or longer. Unit needs work / updating. All offers must include the Fiduciary Rider found in the Additional Info. BEING SOLD AS-IS
Last checked:
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Last updated Mar 30, 2025
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MLS# 12320124 —
The Building
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Rebuilt:No
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New Construction:false
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Basement:None
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Disability Access:No
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Stories Total:15
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Living Area Source:Not Reported
Interior
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Room Type:No additional rooms
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Rooms Total:4
Location
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Directions:Marine Dr. North of Lawrence and South of Foster
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Location:11000
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Location:16117
The Property
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Parcel Number:14084120401224
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Property Type:Residential
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Lot Size Dimensions:COMMON
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 209-1142
- Office phone:
- (312) 640-7010
Taxes
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Tax Year:2023
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Tax Annual Amount:1744.9
Beds
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Bedrooms Total:1
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Bedrooms Possible:1
Baths
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Baths:1
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Full Baths:1
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Electric, Baseboard
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Cooling:Wall Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan, Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Pets Allowed:Additional Pet Rent, Cats OK, Dogs OK, Number Limit
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Association Amenities: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
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Association Fee:492
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Association Fee Includes:Heat, Water, Electricity, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Garage Type:Attached
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Garage Onsite:Yes
Monthly cost estimate
Asking price
$120,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$642
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| Taxes | $145 |
| Insurance | $33 |
| HOA fees | $492 |
| Utilities | N/A |
| Total | $1,312/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/30/25
Mar 30, 2025
|
Sold Subject To Contingencies | MRED | $120,000 | |
|
3/27/25
Mar 27, 2025
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Listed / Active | MRED | $120,000 |
