Back 709/4950 North Marine Drive
Off Market

709/4950 North Marine Drive

Chicago IL 60640

1
1
Condo
Last sold for $125,000
John SpieskeJohn Spieske, last sold this property on 15 April 2025 after 18 days on market.

Overview

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

Features

1 bedroom
1 bathroom
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 709/4950 North Marine Drive is $212k.

Median value
$212k
Estimated value range
$105k - $410k
Median days on market
10
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 709/4950 North Marine Drive

2025
Sold
$125,000
15 Apr 2025 by John Spieske, of Baird & Warner

Happy sellers in Chicago

~%

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 1 bedroom condos in Chicago

In the last 12 months, 178 one-bedroom condos similar to 709/4950 North Marine Drive, have been sold.

This represents a 1% decrease in one-bedroom condos sales when compared to the previous 12 months.

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