4970 N Marine Drive 925, Chicago, IL 60640

$135,000 Asking Price

1 bed
1 bath
Built in 1949

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 49% rental cap is not met, currently at 39%. 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.


Features & Amenities

Interior

Rooms:
No additional rooms
Laundry:
Common Area
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:
Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s), Business Center, Heat, Water, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet, 447.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
14084120401313

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo
Buyers Agent Compensation:
2.5% - $475

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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