For Sale: 4850 S Lake Park Avenue #709, Chicago, IL 60615. 2-bedroom 1-bath, 894 sf, 1970 KENWOOD $40,000 begin new search
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Overview

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. Cash only!

Address 4850 S Lake Park Avenue

Unit# 709


Chicago, IL 60615
Listing Status ACTIVE
Asking Price $40,000
On Market Date $40,000 @ Sep 9, 2026
Original Entry Sep 9, 2026
Rooms
No additional rooms
Square Footage 894 sf
Bedrooms 2
Full Bathrooms 1
Location
Directions Lake shore drive to 47th street W to lake park then South to property
Neighborhood KENWOOD
School District Not Listed
Ownership
Property Type Co-op
Assessment $0
Listing History
Timeline Notes
Sep 9, 2026Listed for $40,000 #MRD12741378
Public Records
County Cook
Tax PIN 20112060580000
Property Tax $274,914 for the year 2023
Lake Michigan Distance 0.3 miles
Exterior
Style Attached Single
Material Not Listed
Lot Size 293890
Fencing Not Listed
Topography Not Listed
Entry Steps 7
Swimming Pool Not Listed
Accessibility Door Width 32 Inches or More, Low Pile Carpeting, Lowered Light Switches, No Interior Steps
Parking
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces: 0 -
View Not Listed
Features
Year Built 1970
Laundry Location
Elevator Not Listed
Cooling Central Air
Heating Forced Air
Sewer/Septic Public Sewer
Fireplaces Not Listed
Additional Parcels No
Appliances No
Assessments No
Association No
Association Fee 2 0
Association Fee Frequency Monthly
Attached Garage No
Basement None
Below Grade Finished Area 0
Carport Spaces 0
Cooling No
Heating No
High School District 299
Land Lease No
Laundry No
Living Area Source Estimated
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking No
Patio No
Pool Private No
Property Attached No
Sprinklers No
View No
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12741378
Courtesy of Coldwell Banker Realty