4950 North Marine Drive

4950 North Marine Drive is a condo located in Margate Park, Chicago.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck. There are 34 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 126 days and tend to sell below the original asking price of $130,000 by 5.39%. Meaning, listings tend to sell at a median of $179 price per square foot. The transaction that took the longest to complete was unit 706, listed on Jul 10, 2018 for $155,900. This particular unit ultimately sold 300 days later for $147,500. The most recent transaction was for unit 1012, sold for $160,000 on Jan 04, 2024. Fun fact, the oldest transaction we have on record took place on Jul 18, 2003. See the full transaction history for 4950 North Marine Drive below.

Margate Park, where 4950 North Marine Drive is located, has a median asking price of $280,000 for condo buildings. Meanwhile, the building itself has a median asking price of $130,000. For interested buyers, that means the building's median asking price is around 0.54% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.