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Margate Park Homes for Sale

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  • /19

    $160,000

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft

    4960 N Marine Dr Unit 1214, Chicago, IL 60640

    Welcome to Shoreline Park! This high-floor one-bedroom condo offers AMAZING east-facing views of the lake, park & parking, and is completely move-in ready. The highly desired corner unit features newer luxury vinyl plank floors, fresh paint, rail lighting, a modern bathroom, an updated kitchen with stainless steel appliances, and one secured deeded parking space. The spacious bedroom features

    Agent Photo

    Monica Washington

    Coldwell Banker Real Estate Group

    (312) 728-4106

    4960 N Marine Dr Unit 1214, Chicago, IL 60640
  • /22

    $167,900

    • 1 Bed
    • 1 Bath

    4960 N Marine Dr Unit 117, Chicago, IL 60640

    Welcome to this beautifully updated one-bedroom home at Shoreline Park Condominiums. Thoughtfully refreshed, it offers a modern and comfortable living space. The kitchen showcases sleek new countertops, stainless steel appliances, and contemporary fixtures. New flooring in the living room and bedroom complete the move-in ready appeal! Residents enjoy outstanding amenities, including a spacious

    Grigory Pekarsky Vesta Preferred LLC

    4960 N Marine Dr Unit 117, Chicago, IL 60640
  • /22

    $240,000

    • 2 Beds
    • 1.5 Baths
    • 1,000 Sq Ft

    5100 N Marine Dr Unit 6B, Chicago, IL 60640

    Spacious 2-Bedroom High-Rise-investor friendly! Enjoy city living at its best in this bright and airy condo featuring a spacious family room with large windows, offering abundant natural light and city views. Recent updates include new marble countertops, new faucets in kitchen & bath, a new refrigerator, A/C unit, and hot water heater for modern comfort and peace of mind. Located in a

    Adam Stary eXp Realty

    5100 N Marine Dr Unit 6B, Chicago, IL 60640
  • /25

    $165,000

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft

    4880 N Marine Dr Unit 606, Chicago, IL 60640

    Welcome to this beautifully upgraded, move-in-ready 1-bedroom, 1-bath home in a quiet mid-rise building in the desirable Uptown neighborhood. This modern condo unit features a gorgeous kitchen with granite countertops, stainless steel appliances, and elegant marble flooring. The open-concept living and dining area is filled with natural light and offers a fantastic southeast view, ideally enjoyed

    Urai Chiya @properties Christie's International Real Estate

    4880 N Marine Dr Unit 606, Chicago, IL 60640
  • /2

    $120,900

    • 1 Bed
    • 1 Bath

    4960 N Marine Dr Unit 1412, Chicago, IL 60640

    Welcome to Shoreline Park, where lakefront living meets comfort and convenience. This light-filled one-bedroom, one-bathroom condo is perched on the 14th floor and offers beautiful views of Lake Michigan, making it the unit you've been waiting for. The high floor provides an open, airy feel and abundant natural light throughout the home. The kitchen features a center island, perfect for cooking,

    Patti Furman Coldwell Banker Realty

    4960 N Marine Dr Unit 1412, Chicago, IL 60640
  • /24

    $575,000

    • 3 Beds
    • 2 Baths
    • 1,635 Sq Ft

    847 W Ainslie St Unit 1E, Chicago, IL 60640

    Welcome to 847 West Ainslie Street unit 1E, an incredible property fully gutted and rehabbed in the heart of Chicago! This exciting project features seven modern condos with fresh, stylish designs, all while preserving the old charm of the building. You'll love the beautiful wooden central stairs and skylight at the top. You'll find five simplexes with 3 bedrooms and 2 bathrooms, a duplex with 4

    Susanna Cherubin-Delisi Compass

    847 W Ainslie St Unit 1E, Chicago, IL 60640
  • /18

    $150,000

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft

    5040 N Marine Dr Unit 3B, Chicago, IL 60640

    This sought-after south-west corner unit has been beautifully renovated and is flooded with light. The building features a beautifully landscaped and meticulously maintained courtyard with a striking Art Deco fountain. Additional amenities include a doorman (and parcel pick-up), fitness center, party/common room, on-site management, bike room, full-time engineering staff, extra storage, and

    Joe Green Keller Williams ONEChicago

    5040 N Marine Dr Unit 3B, Chicago, IL 60640
  • /16

    $799,000

    • 4 Beds
    • 4 Baths
    • 2,816 Sq Ft

    847 W Ainslie St Unit 1W, Chicago, IL 60640

    Welcome to 847 West Ainslie Street, unit 1W-a masterfully designed duplex featuring 4 bedrooms, 4 bathrooms, and convenient tandem parking. The first floor boasts an open kitchen with a chic island, quartz countertops and backsplash, and premium BOSCH stainless steel appliances. The spacious living and dining area is perfect for a good-sized table and cozy nights by the fireplace, complete with a

    Susanna Cherubin-Delisi Compass

    847 W Ainslie St Unit 1W, Chicago, IL 60640
  • /22

    $329,900

    • 3 Beds
    • 1.5 Baths
    • 1,223 Sq Ft

    853 W Carmen Ave Unit 2, Chicago, IL 60640

    Welcome home. This amazing 3 bed, 2 bath condo, situated in the desirable Uptown neighborhood, boasts a sunlit open floor plan. This charming residence features 3 spacious bedrooms, 1.5 bathrooms, freshly painted, gleaming hardwood floors. Additional amenities include an ample storage unit, in-unit laundry facilities, and central air conditioning. The property is ideally located less than 2

    Stephanie Gathe Charles Rutenberg Realty of IL

    853 W Carmen Ave Unit 2, Chicago, IL 60640
  • /25

    $275,000

    • 2 Beds
    • 1.5 Baths
    • 1,100 Sq Ft

    5100 N Marine Dr Unit 17L, Chicago, IL 60640

    Welcome to 5100 N Marine Dr, Unit 17L, a rarely available and highly desirable 2-bedroom, 1.1-bathroom residence offering the ultimate in elevated Chicago living. This exceptional high-floor unit captures a truly panoramic vista, showcasing the stunning Chicago skyline, the tranquil expanse of Lake Michigan, and breathtaking sunset views. Step inside and appreciate the sophisticated design and

    Urai Chiya @properties Christie's International Real Estate

    5100 N Marine Dr Unit 17L, Chicago, IL 60640
  • /22

    $475,000

    • 3 Beds
    • 2 Baths
    • 1,459 Sq Ft

    847 W Ainslie St Unit GE, Chicago, IL 60640

    Welcome to 847 West Ainslie Street unit GE, an incredible property fully gutted and rehabbed in the heart of Chicago! This exciting project features seven modern condos with fresh, stylish designs, all while preserving the old charm of the building. You'll love the beautiful wooden central stairs and skylight at the top. You'll find five simplexes with 3 bedrooms and 2 bathrooms, a duplex with 4

    Susanna Cherubin-Delisi Compass

    847 W Ainslie St Unit GE, Chicago, IL 60640
  • /25

    $159,500

    • 1 Bed
    • 1 Bath

    4900 N Marine Dr Unit 709, Chicago, IL 60640

    Bright and Spacious 1 Bedroom condo. Well maintained building across from beautiful Margate Park! Large bright living room, good size dining, spacious fully equipped kitchen and very lovely bright bedroom. Great Storage Walk to lake, park, train, cafes and shopping. Rooftop Deck with beautiful lake views, Investor friendly building. Parking garage currently has a waitlist. Special Assessment has

    Yvonne Sito @properties Christie's International Real Estate

    4900 N Marine Dr Unit 709, Chicago, IL 60640
  • /19

    $603,000

    • 3 Beds
    • 2 Baths
    • 1,649 Sq Ft

    847 W Ainslie St Unit 3W, Chicago, IL 60640

    Welcome to 847 West Ainslie Street 3 W, an incredible property fully gutted and rehabbed in the heart of Chicago! This exciting project features seven modern condos with fresh, stylish designs, all while preserving the old charm of the building. You'll love the beautiful wooden central stairs and skylight at the top. You'll find five simplexes with 3 bedrooms and 2 bathrooms, a duplex with 4

    Susanna Cherubin-Delisi Compass

    847 W Ainslie St Unit 3W, Chicago, IL 60640
  • /16

    $599,000

    • 3 Beds
    • 2 Baths
    • 1,649 Sq Ft

    847 W Ainslie St Unit 2W, Chicago, IL 60640

    Welcome to 847 West Ainslie Street 2W, an incredible property fully gutted and rehabbed in the heart of Chicago! This exciting project features seven modern condos with fresh, stylish designs, all while preserving the old charm of the building. You'll love the beautiful wooden central stairs and skylight at the top. You'll find five simplexes with 3 bedrooms and 2 bathrooms, a duplex with 4

    Susanna Cherubin-Delisi Compass

    847 W Ainslie St Unit 2W, Chicago, IL 60640

Why Live in Margate Park

Chicago's Margate Park neighborhood has a mix of high-rise condos along Marine Drive and historic single-family homes in the Castlewood Terrace Historic District, which feature Tudor Revival, Queen Anne and early Prairie architectural styles. Condos can range from $90,000 to $270,000, and homes from $175,000 to $520,000. Castlewood Terrace residences often sell between $1 million and $2 million. Around two-thirds of residents are renters. Students can attend Senn High School and the Lycée Français de Chicago, both highly rated schools. Margate Park is close to several green spaces, including Foster Beach and Montrose Beach, which provide access to the lake. Dog-friendly areas include the Margate Park Puptown Dog Park and the Montrose Dog Beach. The Margate Park fieldhouse includes a gym and fitness center, while the Bill Hersh Playground and Buttercup Playlot Park cater to children. Residents have access to Vietnamese restaurants like Nha Hang and Pho 777 and Oaxacan cuisine at Kie-Gol-Lanee. Grocery shopping is convenient thanks to nearby Mariano's, Jewel-Osco and Tai Nam Food Market locations. The neighborhood is also close to historic theaters and music venues like the Aragon, the Riviera, and the Green Mill. Wrigley Field sits roughly 2 miles away. The area is close to the Argyle and Wilson Red Line L stations and numerous bus stops. Drivers can hop on U.S. Route 41. Chicago O’Hare International Airport is around 13 miles away. Healthcare facilities like Weiss Memorial Hospital are within a mile.

Frequently Asked Questions

Is Margate Park a good place to live?
Margate Park is a good place to live. Margate Park is considered somewhat walkable and a biker's paradise with great transit options. Margate Park is an urban core neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Margate Park has 14 parks for recreational activities. It is very dense in population with 44.6 people per acre and a median age of 46. The average household income is $73,479 which is below the national average. College graduates make up 51.2% of residents. A majority of residents in Margate Park are renters, with 65.9% of residents renting and 34.1% of residents owning their home. A local real estate agent serving Margate Park can help you decide if this neighborhood is the right one for you. Learn more on our Margate Park neighborhood guide.
Is Margate Park, IL a safe neighborhood?
Margate Park, IL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Margate Park?
The median home price in Margate Park is $162,900. If you put a 20% down payment of $32,600 and had a 30-year fixed mortgage with an interest rate of 6.18%, your estimated principal and interest payment would be $800 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $34K a year to afford the median home price in Margate Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Margate Park is $73K.
What are the best public schools in Margate Park?
The best public schools that serve Margate Park are:
What are the best private schools in Margate Park?
The best private schools that serve Margate Park are:
  • Chicago Friends School has an A+ Niche grade, a student teacher ratio of 3:1 and an average review score of 5.0.
  • Chicago City Day School has an A+ Niche grade, a student teacher ratio of 5:1 and an average review score of 4.8.
  • Sacred Heart Schools has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.6.
What are the most popular zip codes in Margate Park, Chicago, IL?
The most popular zip codes in Margate Park, Chicago, IL include 60640, 60613, 60660, 60625 and 60626.
What are the most popular neighborhoods near Margate Park, Chicago, IL?
The most popular neighborhoods near Margate Park, Chicago, IL are Clarendon Park, Sheridan Park, Edgewater, Andersonville and Buena Park.
Are home prices dropping in Margate Park?
Yes, home prices in Margate Park are down 33% in the last 12 months.

Home Trends in Margate Park, IL

Housing Trends

Median Sale Price
$160,000
Median Single Family Sale Price
$787,000
Median 2 Bedroom Sale Price
$275,000
Median 1 Bedroom Sale Price
$150,000
Average Price Per Sq Ft
$232
Number of Homes for Sale
15
Last 12 months Home Sales
86
Months of Supply
2.10
Median List Price
$162,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%
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