4960 N Marine Drive 620, Chicago, Cook County, IL, 60640 Chicago IL US

USD 160,000
For Sale MLS: 11834603

Property Details

Bedrooms

1

Bathrooms

1

Neighborhood

Margate Park

Property Type

Residential

Description

One bedroom with an east view, you can see the lake in the winter. Price includes a deeded parking space (H-04) and an external storage unit (61-60) on the same floor. 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 owner occupancy is 51%, currently at 54%. Building is FHA approved. Association has $3.7 m in reserves and no specials are scheduled. No Airbnb's allowed and must be a minimum 6 month lease. Assessment breakdown: base assessment $531.26, parking assessment $49.56 and internet $22.44 for a total of $603.26. Find out more about this property. Request details here

Location

Address

4960 North Marine Drive, Chicago, Illinois 60640, United States

City

Chicago

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