Contingent

$124,888

Favorite

bath

550

square ft

4880 N Marine Drive #308

Chicago, Illinois 60640

Contingent / MLS #12038939 / Condo / Uptown

Listing information updated 5/4/2024 at 9:03am

Modern, move-in, ready studio in Uptown/Margate Park. Ideal alternative for someone who works in the City and live in the Suburbs or need second home/place to stay in Chicago. Sunny and quiet, south facing unit, with lots of natural light, freshly painted throughout, brand new wood laminate flooring, new window treatments, updated kitchen - granite counters , SS appliances and updated bathroom w/standup shower. Galley style kitchen is equipped with gas stove, microwave, plenty of cabinets. Bathroom was completely remodeled with extra storage, slate tile, and luxurious fixtures. Rooftop was currently renovated. Building is located across the street from the Margate Park Fieldhouse, lakefront trail/ bike path, Lake Michigan, Montrose and Foster beaches. Monthly Assessment: $434.37 | Breakdown: $372.82 (Unit) + $61.55 (Cable). Monthly assessment covers everything (Water, Heat, Gas, Cable, Common Insurance, Exterior Maintenance, Snow Removal, Lawn Care). Wait list for parking in the garage, many options in the area. Mail, storage, bike store and laundry on the 1st floor. Cable and electric is metered separately and billed on a monthly assessment statement. Electric is roughly $25 a month and up to $40 in summer with window AC unit. Weekends are better for showings, association doesn't allow lockboxes. Current wait list for parking, $140 per month when available. One pet allowed, 25 lb. weight limit. For dogs, there is a $125 fee/year. Non-refundable move-in fee of $3. Current reserves as of 12/2023: $887,549 | No special assessments anticipated | Assessment increase for 2024 was 3.5% | No rental cap, but must own for 2 years before renting | | No disposal or washer/dryer allowed in unit | Partial tear-off of roof in 2023 | Windows replaced in 2009 .

Full Features

Exterior Type:

Brick

Basement:

None

Cooling System:

Window/Wall Unit - 1

Heating System:

Electric, Baseboard

Main Level Primary Bedroom:

Pool:

Age:

71-80 Years

Roof Type:

Asphalt

Parking Type:

Garage

Garage:

Garage Door Opener(s),Transmitter(s)

Room Count:

Water Front:

Square Feet:

550

Pet Information:

Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit

Common Area Amenities:

Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage

Internal Features:

Wood Laminate Floors, Storage

Room Information

Living Room:

17x15 - Main

Dining Room:

N/A

Kitchen:

07x07 - Main

Family Room:

N/A

2nd Bedroom:

N/A

3rd Bedroom:

N/A

4th Bedroom:

N/A

Foyer:

03x07 - Main Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$778

Tax Year:

2021

Assessments:

$434 / month

Location

Zip Code:

60640

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Homesmart Connect LLC

Listing Office Phone: 773.985.7700

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/4/2024 at 9:03am. 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.