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4980 N Marine Dr Apt 831
Condo
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$160,000

$229/sqft

4980 N Marine Dr Apt 831, Chicago

86% below median
1 bd·1 ba·700 sqft
Built 1953Far North Side

4980 N Marine Dr Apt 831, Chicago, IL

1 bd · 1 ba · 700 sqft Condo listed at $160,000, built in 1953 in the Far North Side neighborhood.

About this home

Welcome to The Shoreline Park Condominiums, a mid-century high-rise in the heart of Margate Terrace. This unit offers the largest one-bedroom floor plan in the building, updated with newer paint, luxury vinyl plank flooring, and a fully remodeled bathroom. A deeded parking space is included in the price, a genuine rarity here. Shoreline Park delivers full building amenities: 24-hour door staff, on-site management and maintenance, a rooftop sundeck with city and lake views, fitness center, game room, business center, laundry facilities, and dedicated storage. The neighborhood is the cherry on top: Foster Beach & the lake-front trail are a short stroll away, Margate Park's fieldhouse, dog park, and playground are practically in your backyard, and the vibrant dining scene along Argyle Street is minutes away. Easily commute by bus, red-line train or drive down Lake Shore Drive to explore the city. Lakefront Chicago living, see it before it's gone!

Property details

Price
$160,000
Bedrooms
1
Bathrooms
1
Interior
700 sqft
Price / sqft
$229
Year built
1953
Type
Condo
Days on market
30
Est. property tax
$3,328/yr · $277/mo · 2.08% IL avg
HOA
$607/mo
Last sold
$138,000 · May 2023

Estimated monthly payment

Down payment20% ($32,000)
Interest rate6.75%
Principal & Interest$830
Property Tax$147
Insurance$150
Total$1,127/mo

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Price history

$176K$81K$-15K$129K on Jul 01 (Sold)$138K on Mar 07 (Initial list)$138K on Sep 07 (Price change)$148K on Oct 07 (Sold)$1K on Oct 16 (Price change)$1K on Nov 16 (Price change)$1K on Jun 20 (Price change)$1K on Aug 20 (Price change)$1K on Sep 20 (Price change)$138K on May 23 (Sold)$160K on Mar 26 (Initial list)
$129K · Jul 01$160K · Mar 26
  1. Mar 26, 2026$160,000Initial list price
  2. May 3, 2023$138,000Sold
  3. Sep 15, 2020$1,340Price change
  4. Aug 17, 2020$1,340Price change
  5. Jun 22, 2020$1,400Price change
  6. Nov 3, 2016$1,325Price change
  7. Oct 7, 2016$1,325Price change
  8. Oct 31, 2007$148,454Sold
  9. Sep 16, 2007$138,000Price change
  10. Mar 15, 2007$138,000Initial list price
  11. Jul 30, 2001$129,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60640)

This neighborhood is primarily renter-occupied (32% owner-occupied). Median age is 37.4; 35% hold a bachelor's degree; median household income is $69,397.

Median income
$69,397
Median age
37.4
Owner-occupied
31.8%
Bachelor's degree
35.3%
Census median home value
$353,200

Source: US Census Bureau American Community Survey 5-year estimates.

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