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4950 North Marine Drive, Unit 405Chicago, IL 60640Price: $150,000

  • Price: $150,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $150,000List Price
  • 1Bedrooms
  • 1Bathrooms
  • 1947Year Built

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Bright one-bedroom steps from the lake. Subway tile backsplash and stainless steel appliances in the kitchen. New air conditioner and window treatments added last year. Lots of closet space as well as an external storage locker on the same floor. Great location across from the lakefront bike path and close to 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 64%. Building is FHA approved. Association has over $5.3m in reserves and no specials are scheduled. No Airbnb's allowed and must be a minimum 6 month lease.

Property Details of 4950 North Marine Drive, Unit 405

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Listed by Susan Strange of Coldwell Banker Realty

Based on information submitted to MRED  as of May 22, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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