4850 S Lake Park Avenue Unit 1604
About this property
This co-op unit in Hyde Park offers an affordable entry point into a desirable neighborhood, though the space is a bit outdated in terms of finishes and overall style. The unit features a reasonable monthly carrying charge of 905, which covers a comprehensive list of utilities including gas, water, heat, air conditioning, cable, and common area amenities, making for a predictable and low-maintenance living situation. The light bill typically runs around 95 per month. The building offers the added benefit of 24/7 security, ensuring peace of mind for residents. There's also an on-site garage with parking available for as low as 75 per month, which is a rarity in Hyde Park and a great perk for those with a car. This is an owner-occupied building, so the unit is not available for investment purposes-making it ideal for buyers looking to live in the space themselves. The settlement required is relatively low at about 3,000, making it an affordable option for first-time buyers or those looking to downsize. In addition, the seller is willing to purchase a brand-new refrigerator for the buyer, which can be a nice perk to refresh the kitchen and save on appliance costs. The co-op does allow for renovations and changes to the unit, though any modifications must be approved by the building's board. This gives you the opportunity to make updates or personalize the space, with some flexibility on how the unit can evolve over time. Overall, this unit offers an affordable living opportunity in Hyde Park, with utilities included, the ability to make updates (with board approval), and added value in the form of a new refrigerator. The secure building, low settlement, and affordable parking make it a solid choice for those looking to own their home in a great location. Please note this is a cash-only deal.
Highly likely to recommend
“Lillian and Dustin are the best! They are very knowledgeable and will assist in the whole process. I’ve used them for every single real estate transaction of mine.”
Tyler Tomczak
Multiple Transactions
Highly likely to recommend
“My Realtor Kimberly Neil was absolutely amazing in my journey for home ownership. I had gone though other realtors and was hitting brick walls. The difference with Kimberly is, she listened to what I was looking for and we rolled forward. I v was also on a time-crunch and we made our deadline. Kimberly was an awesome advocate on my behalf and she got the job done. I would highly recommend Kimberly to anyone seeking to purchase their forever home. Even better, I am able to reach out to Kimberly even now if I have any questions relating to my home and is quite knowledgeable who to respond and provide directives to whom I can reach out to for questions. From past experiences, Kimberly the Best Realtor by far. You will not be disappointed. In all Sincerity, Thank You for this opportunity to express my gratitude . Darlene Simmons Proud Home Owner”
Highly likely to recommend
“Corey is a great realtor. I never experienced a realtor who is so dedicated about helping a client. I recommend highly to anyone out there who needs to sell or purchase a home.👍🏽🤠”
Highly likely to recommend
“Very attentive. Always available. Corey Wendt made the process easy and the Forwards Group estimate for closing was spot on. So i was mentally prepared for closing.”
Highly likely to recommend
“Had an amazing experience working with Cory. From the beginning he was very transparent, has always kept the line of communication open and regular, and even when things got complicated with our buyers, he navigated the situation incredibly and professionally. At a few different points, my husband and I were extremely frustrated and ready to quit because our buyers were driving us up a wall but Cory managed to keep us at Bay and focused on the end goal- And we ended up selling our home and buying our dream house in the end. Couldn't be more happy with our experience and I will definitely recommend him for anybody else going through the buying or selling process in the future!”
Highly likely to recommend
“This was my first experience in becoming a homeowner and the Forward group were very patient in meeting my needs.”
Highly likely to recommend
“I can’t say enough great things about Colleen Basinski! From start to finish, she made the home buying process smooth, stress-free, and even enjoyable. She took the time to really understand what I was looking for and found the perfect home for me. Her knowledge, professionalism, and patience made all the difference; she guided me through every step, answered all my questions, and made sure I felt confident in every decision. I’m so grateful for her dedication and support. If you’re looking for someone who truly cares and goes above and beyond for their clients, I highly recommend Colleen Basinski!”
Likely to recommend
“Outstanding customer service and very professional in a job”
Highly likely to recommend
“I cannot give enough praise and stars for the experience I had with Kimberly Neill and the Forward Group as my Realtor. She went above and beyond my expectations with selling my home and purchasing our new home 🏡 For that, my family and I are grateful.”
Highly likely to recommend
“Very pleasant! Great and patient to work with. Gave honest opinions on places and helped us a lot through the process.”
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