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This co-op unit in Hyde Park offers an affordable entry point into a desirable neighborhood, though the space is a bit outdated in terms of finishes and overall style.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
“My husband & I are incredibly impressed with Cory’s professionalism & attention to detail. Even though he was busy buying & selling homes with his other clients, he continued to be responsive to us at all times, never letting us feel forgotten. He was our eyes and ears, he knew what our needs were and he did a spectacular job! We’ll definitely be recommending him to everyone!! Great job!!!”
John and Julie Sabbia
Highly likely to recommend
“Very good experience! 1st place looked at I now own ❤️ Collen is GREAT!”
Highly likely to recommend
“I have worked with Ubaldo Diaz on a few closings now and he is easy to work with and does what it takes to get the property to closing in the best interest of his clients.”
Highly likely to recommend
“The best experience I've ever had Colleen was so patient with me trying to pick the perfect place I would definitely recommend”
Highly likely to recommend
“Cory was absolutely outstanding throughout the entire home-buying process. As a first-time home buyer, I had a lot of questions and uncertainties, but Cory made everything feel simple and stress-free. He was always quick to respond, incredibly knowledgeable, and genuinely cared about helping me find the right home. Cory was patient, honest, and guided me through every step, from touring homes to making an offer and closing. I never felt pressured, and I always felt like he had my best interests in mind. His professionalism and dedication made a huge difference. If you’re looking for a realtor who is reliable, communicative, and truly committed to helping you, I highly recommend Cory. I couldn’t have asked for a better experience.”
Highly likely to recommend
“Amazing group, have used them to buy houses in the past, and recent sold through them. An exeptinal team.”
Highly likely to recommend
“Kimberly Neal is one of the best real estate agents. It was a pleasure working with her. Kimberly kept me updated and completely guided me through the process of selling my home. No questions were left unanswered, and it didn’t matter if I called her after work hours. I highly recommend Kimberly Neal!”
Highly likely to recommend
“Choosing and working with Kim Neill has been a very positive experience. I’ve never sold a home before and Kim guided me every step of the way. The process was seamless and I’m very pleased with the outcome! Thanks and God bless you Kim. 😊”
Highly likely to recommend
“Phenomenal group of realtors! Very professional and easy to work with from the first phone call to needs after the sale. Always available and had time for anything we needed, even the smallest questions we had. We never had to plan anything ahead or anticipate anything as they were always one step ahead of our needs. A very well oiled machine, had us offers within a day and sold in under a week. Highly recommended!!”
Highly likely to recommend
“I worked with Cory when purchasing my home and he made it the most easy process ever ! He was understanding, helpful & able to make anything happen by any means. If I were to sell or buy a new home , I will definitely be reaching back out !! Thank you !”
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