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4800 S Chicago Beach Dr Unit 1407S
Condo
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$225,000

4800 S Chicago Beach Dr Unit 1407S, Chicago

81% below median
2 bd·2 ba·0 sqft
Built 1962Indian Village

4800 S Chicago Beach Dr Unit 1407S, Chicago, IL

2 bd · 2 ba · 0 sqft Condo listed at $225,000, built in 1962 in the Indian Village neighborhood.

About this home

Hyde Park Renovated 14th Floor Corner Unit with Lake & City Views. Awe inspiring Sunrise views over Lake Michigan and Sunset views over the city await! The Newport is a mid century modernist gem of a building facing Lake Michigan where the historic neighborhoods of Kenwood and Hyde Park converge. This Sunlit and Spacious CORNER UNIT features 2 roomy bedrooms with Lake Views and 2 bathrooms, and was fully remodeled in 2023 and further updated in 2024-25. Recent updates include ALL NEW WINDOWS ($30k), 4 NEW AIR CONDITIONER units, and updated radiator valves making this unit incredibly energy efficient, Comfortable and Quiet! Other recent updates include NEW FLOORING throughout, an updated electrical panel, NEWER KITCHEN appliances and stone countertops. Unit also has abundant closet space!! The Newport is a full amenity building where your monthly assessment includes heat, a 24 hour doorman, security, on-site engineer for unit repairs, a library, Roof Deck with skyline & lake views, bike room & storage, FREE shuttle van to neighborhood shops, as well as a gorgeous lobby for meeting people. For only $16 monthly, you have access to an indoor pool, jacuzzi, sauna, and full weight & exercise facilities. For an additional monthly fee, there is valet garage parking available. Building is well maintained and has over $5M in reserves! Location is optimal - walk across the street to the lake and 18 miles of the renowned lakefront path. You are also a quick drive to the Loop, with easy access to both express buses and the train, and walking distance to Hyde Park's main shopping & dining areas. This is the updated unit at the Newport you've been holding out for!!!

Property details

Price
$225,000
Bedrooms
2
Bathrooms
2
Year built
1962
Type
Condo
Days on market
39
Est. property tax
$4,680/yr · $390/mo · 2.08% IL avg
HOA
$996/mo
Last sold
$180,000 · Aug 2023

Estimated monthly payment

Down payment20% ($45,000)
Interest rate6.75%
Principal & Interest$1,167
Property Tax$206
Insurance$150
Total$1,524/mo

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Price history

$254K$140K$26K$77K on Feb 91 (Sold)$60K on Jun 22 (Initial list)$45K on Jun 22 (Sold)$230K on May 23 (Initial list)$220K on May 23 (Price change)$200K on Jun 23 (Price change)$190K on Jun 23 (Price change)$190K on Jun 23 (Price change)$190K on Jun 23 (Initial list)$180K on Aug 23 (Sold)$235K on Feb 26 (Initial list)$225K on Mar 26 (Price change)$225K on Mar 26 (Initial list)
$77K · Feb 91$225K · Mar 26
  1. Mar 18, 2026$225,000Initial list price
  2. Mar 9, 2026$225,000Price change
  3. Feb 18, 2026$235,000Initial list price
  4. Aug 8, 2023$180,000Sold
  5. Jun 28, 2023$190,000Initial list price
  6. Jun 26, 2023$190,000Price change
  7. Jun 21, 2023$190,000Price change
  8. Jun 3, 2023$199,950Price change
  9. May 15, 2023$220,000Price change
  10. May 8, 2023$230,000Initial list price
  11. Jun 24, 2022$45,000Sold
  12. Jun 1, 2022$60,000Initial list price
  13. Feb 5, 1991$77,000Sold

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 60615)

This neighborhood is primarily renter-occupied (31% owner-occupied). Median age is 34.7; 25% hold a bachelor's degree; median household income is $56,518.

Median income
$56,518
Median age
34.7
Owner-occupied
31.4%
Bachelor's degree
25.3%
Census median home value
$306,400

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

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