$40,000
Chicago, IL 60615
A well-maintained residence offering excellent value and strong long-term potential. Located on the 7th floor, this unit provides bright natural light and pleasant open views. The building features a fully renovated marble lobby, 24hour reception, and onsite security, creating a secure and welcoming environment for residents and guests. The home includes 2 bedrooms, 1 bathroom, and a functional combined living/dining/kitchen layout that offers flexibility for updates or customization. Ideal for buyers seeking an affordable entry into the Hyde Park/Kenwood market or investors looking for a value-add opportunity. Close to the lakefront, parks, public transit, and neighborhood amenities.
Estimated monthly cost for this home
$23,128/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.71%, 2026-09-03). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Sep 9, 2026 | $40,000 |
| 2023 property taxes | $274,914/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Coldwell Banker Realty, listed by Ajijola Ojo.
Information last updated Sep 9, 2026, 9:46 PM.
4850 Lake Park Avenue
Chicago, IL 60615

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.