$111,000

4950 N Marine Dr Unit 1505 Chicago, IL 60640

Margate Park Neighborhood

Estimated payment $1,388/month

Total Views 158
1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Elevator
  • Water Views
  • Business Center
  • 1-minute walk to Bill Hersh Playground

About This Home

Ultimate Lifestyle & Sophisticated Living at Shoreline Park! An ideal condo in full-amenity building. Bright, inviting and amazingly comfortable with the lake views. Located close to the beach, bike path, park, shopping, dining and more. Enjoy the convenience of having all of your favorite things to do nearby. Excellent value! Sold "As-Is".

Listing Agent

James Foley

Foley Properties Inc License #475171905 Listed on: 11/11/2025

Foley Properties Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,660

Year Built

  • Built in 1942

HOA Fees

  • $665 Monthly HOA Fees

Home Design

  • Entry on the 15th floor
  • Brick Exterior Construction

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in multiple locations

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, electricity, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 570 Units
  • Property Mgr. Association, Phone Number (773) 878-5900
  • High-Rise Condominium
  • Shoreline Park Subdivision
  • Property managed by Sudler
  • 15-Story Property

Amenities

  • Doorman
  • Business Center
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,660

Year Built

Built in 1942

Lot Details

0

HOA Fees

$665 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 15
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Shoreline Park
  • Year Built: 1942
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Appliances: Range
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 15
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Baseboard
  • Laundry Features: Common Area, Multiple Locations
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 665
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Property Mgr.
  • Management Phone: 773-878-5900

Fee Information

  • Association Fee Includes: Heat, Water, Electricity, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1660
  • Tax Year: 2023

Multi Family

  • Units in Building: 570

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,660 $13,706 $2,191 $11,515
2023 $1,597 $11,186 $1,962 $9,224
2022 $1,597 $11,186 $1,962 $9,224
2021 $1,579 $11,184 $1,961 $9,223
2020 $1,567 $10,137 $1,223 $8,914
2019 $1,556 $11,172 $1,223 $9,949
2018 $1,528 $11,172 $1,223 $9,949
2017 $1,017 $8,100 $1,076 $7,024
2016 $1,122 $8,100 $1,076 $7,024
2015 $1,004 $8,100 $1,076 $7,024
2014 $755 $6,639 $832 $5,807
2013 $729 $6,639 $832 $5,807
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 For Sale $111,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Premier Title
Deed -- Premier Title
Warranty Deed $169,000 Multiple
Special Warranty Deed $177,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $141,920 Purchase Money Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12516044

Midwest Real Estate Data (MRED)

APN: 14-08-412-040-1479