22 days on rocket

4106-08 S Lake Park Ave, Chicago, IL, 60653

$574,000

Home List Price

$6,816*

Closing Credit

3 Bedrooms
3 Baths
House

Location

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4106-08 S Lake Park Ave, Chicago$574,000

Buyer Closing Credits

$6,816*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff Alley, Off Street
Year Built1890
HeatingNatural Gas
BasementYes
WaterfrontFencing
MLS #12195498
StatusActive

About 4106-08 S Lake Park Ave

On the Confluence of the Shores of Lake Michigan in East Oakland on coveted Lake Park Ave. Storybook setting Exceptional Unicorn 1890's Brick Vintage 2 Flat Row Home PLUS NON CONFORMING (CODE WORD FOR NOT LEGAL) SEMI FINISHED GARDEN STUDIO APARTMENT set on Corner Double Lot. Absolutely flooded with natural light, open loft like floor plan, hardwood floors, soaring ceilings, separate GFA, H20, Individual Circuit breakers, Skylight, Stainless Steel Appliances, Herringbone patterned backsplash, individual washer/dryer in each unit, Updated bath with wainscotting tile. Full semi-finished nonconforming basement perfect for Duplexing, Live/Work, Extended Family, or future Airbnb. Whimsical Side Garden/Yard, Patio, Multiple decks and 2 car exterior parking pad. Generous zoning provides multiple paths of opportunity and offers diverse investment objectives without committing to a path upfront This is a perfect affordable user or hybrid development asset that is well located and checks all the boxes. Building is NOT landmark nor a landmark district. Zoning Certification is 2 legal units. Floorplans & survey available. Unit 1 is leased 1450 through 11/24. Unit 2 is leased at 1500.00 through 09/25. The Garden Studio Unit is NOT legal, semi finished, vacant and projected at 850.00. 2 pins total tax bill 5257.61. Building 4021.81/ Separate Lot 1235.80. This is an amazing opportunity for a savvy buyer. For Owner Occupants BOA Eligible buyers can get 10k down pmnt grant( up to 10k) on a 95 LTV. Also can get 7500 as closing cost grant. Max Income is 164,700. See brokers private remarks for other value insights.

Property Details

Property Features

Property Information:

  • Architectural Style: Row House
  • Year Built: 1890

Listing Office:

  • Office Name: North Clybourn Group, Inc.
  • Office Phone: (773) 252-0600
  • Listing Agent: Karen Biazar

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Deck, Patio, Storms/Screens

Parking Information:

  • Parking: Off Alley, Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Fencing

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Lake Shore Drive to East Oakwood Blvd, 2 blocks to S Ellis, Left on Ellis to 41st, Left to Lake Park. Building the NW Corner of 41st and Lake Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $574,000
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

4106-08 S Lake Park Ave vs Chicago

22 DAYS ON ROCKET

-10 Days

$574,000

+$213.6K More

KEY TAKEAWAY

This property is $213.6K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12195498

Listing Office:

  • Office Name: North Clybourn Group, Inc.
  • Office Phone: (773) 252-0600
  • Listing Agent: Karen Biazar

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-429393
5
/10
  • Shoesmith Elementary School

  • 1330 E 50th St

  • 0.76 miles

  • Public District Grades KG-6

school-card-donut-429394
4
/10
  • Univ of Chicago Charter-Nth Kenwood

  • 1119 E 46th St

  • 1.24 miles

  • Public Charter Grades PK-5

school-card-donut-429395
7
/10
  • Woodlawn Elementary Community School

  • 6657 S Kimbark Ave

  • 1.49 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,667. Most Chicago, IL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4106-08 S Lake Park Ave

What is the listing price of this property?

The listing price of 4106-08 S Lake Park Ave property is $574,000.

What type of property is this?

The property 4106-08 S Lake Park Ave is a house located in Chicago, Illinois, 60653.

Is this property for sale now?

Active Listing: 4106-08 S Lake Park Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4106-08 S Lake Park Ave has 3 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 4106-08 S Lake Park Ave is 1890.

Rocket Homes›Illinois›Cook County›Chicago›60653›4106-08 S Lake Park Ave

This home is located at 4106-08 S Lake Park Ave in Chicago, IL and zip code 60653 in the Hyde Park neighborhood. This home was built in 1890. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $574,000.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. Between September 2024 and October 2024, Chicago, IL real estate market has seen increase in the number of listings by 14.5%. The median list price of listings available in October 2024 was $360,336, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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