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    4950 N Marine Dr, Unit 1105 Chicago, IL 60640

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    For Sale
    $145,000

    Updated 1-bedroom condo with lake and city skyline views.

    Property size:
    650 SF

    Property Features for 4950 N Marine Dr

    General Information

    Size
    650 SF

    Building Details

    Year built
    1942

    Source: KW ONEChicago Agent Inesa Tomaszewski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Condo with Lake Views

    This updated 1-bedroom, 1-bathroom condo offers views of the lake and city skyline. South- and east-facing windows provide natural light. The unit includes a built-in 3-stage water filtration system and a new window AC unit. The property is move-in ready. Residents have access to a fully equipped gym, game room, sundeck, bike room, 24-hour front desk staff, package receiving, laundry room, business center, on-site management, and maintenance. The monthly assessment covers all expenses except electricity, which averages $5-$15 per month. The building is located across from the lakefront and bike path and is near Montrose and Foster beaches. Public transportation is easily accessible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ACTIVETECH LLC Telecommunications Contractor HolylandCars / США – Автопрокат Car Rental Agency Write by Mike ... Invitation Printing Service 4950 North Marine ... Condominium Complex With Style Presentations ... Party Equipment Rental Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6518661
    Latitude
    41.9728687

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    FAQs

    What type of property is this?
    Apartment building - Updated 1-bedroom condo with lake and city skyline views.
    Where is this apartment building located?
    The property is located at 4950 N Marine Dr, Unit 1105 Chicago, IL.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: - Breathtaking lake and city skyline views.; - Full-amenity building with gym, game room, sundeck, and more.; - Prime location across from the lakefront and bike path, near beaches and public transportation.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4950 N Marine Dr, Unit 1105 Chicago, IL 60640
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