Steals and Deals: One Bedroom Condos Under $90,000 In Hyde Park

A few sellers have been under stress at 4800 S. Chicago Beach, the Newport Condominiums, in Hyde Park.

The building features a north and south tower and was built in 1960 along Lake Shore Drive so there are stunning lake and city views from many of the units, especially in the North Tower.

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It is a full-service building with a 24 hour doorman, a fitness center, dry cleaners and full indoor pool. Parking is available to rent.

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There are two units for sale under $90,000. A third unit was foreclosed last week.

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Unit #1111: 1 bedroom, 1 bath, around 775 to 800 square feet

  • I couldn’t find a previous sale price
  • Currently listed for $89,900
  • Assessments of $434 a month
  • Solid Source Realty has the listing

The one bedroom have large room sizes.  They didn’t skimp on the bedrooms in the 1960s.

  • Bedroom: 13 x 18
  • Livingroom: 21 x 13
  • Kitchen: 8 x 10
  • Diningroom: 8 x 11

Unit #206N: 1 bedroom, 1 bath

  • Sold in November 2007 for $66,000
  • Listing says sold “As-Is” for $84,900
  • Assessment of $483 a month
  • Polly Steel has the listing

Unit #2708: 1 bedroom, 1 bath

  • Sold in November 2005 for $75,000
  • Foreclosure auction price of $87,941

The most expensive unit in the building is a three bedroom, three bath currently listed for $559,000.

5 Responses to “Steals and Deals: One Bedroom Condos Under $90,000 In Hyde Park”

  1. If the listing says sold “as-is” it is usually bank owned.

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  2. Glad you’re finally chattering about Hyde Park! And on the other end of the scale, check out this one: http://www.chicagomag.com/Radar/Deal-Estate/January-2008/On-the-MarketaPure-Prairie-in-Hyde-Park//. Link to more envy-inspiring photos on that page. How would you like a wood burning fireplace in your massive master bath?
    And for all that… no parking.

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  3. drop those last two backslashes and you can get there. Amazing the difference in what a couple million buys in different neighborhoods.

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  4. Does anyone know if these units are still available? Any other info would be great. Thank You.

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  5. I checkout out 4 of these properties this week.
    It is a dump…

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