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Margate Park Homes for Sale

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  • /19

    $172,500

    • 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 and is completely move-in ready. The unit features newer luxury vinyl plank floors, fresh paint, rail lighting, a modern bathroom, and an updated kitchen with stainless steel appliances. The spacious bedroom features excellent closet space, and you'll also appreciate the sizable storage

    Agent Photo

    Monica Washington

    Coldwell Banker Real Estate Group

    (312) 728-4106

    4960 N Marine Dr Unit 1214, Chicago, IL 60640
  • /27

    $159,500

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft

    5056 N Marine Dr Unit 7B, Chicago, IL 60640

    Perfect for the car-free Chicagoan! The MDA is one of Margate Park's most desirable condo buildings, known for its Art Deco charm and beautifully landscaped courtyard with a striking fountain centerpiece. This renovated northwest corner unit is filled with natural light and features new LVP flooring throughout. The kitchen includes granite countertops and a convenient private entrance-perfect for

    Natasha Murphy EXIT Strategy Realty

    5056 N Marine Dr Unit 7B, Chicago, IL 60640
  • /20

    $349,000 Open Sat 1PM - 2:30PM

    • 2 Beds
    • 1.5 Baths

    900 W Ainslie St Unit A, Chicago, IL 60640

    LARGE, WELL KEPT, CLEAN, DUPLEX DOWN located in WALKABLE and CONVENIENT UPTOWN! SUNNY & SPACIOUS with LARGE WINDOWS THROUGHOUT, HARDWOOD FLOORS, LOTS OF CLOSET SPACE! UPSTAIRS FEATURES A LARGE LIVING AREA, FIREPLACE, & SEPERATE LARGE DINING AREA OR OFFICE SPACE! PRIMARY BEDROOM will easily fit a KING SIZE BED + FURNITURE, PRIMARY BATH FEATURES DOUBLE VANITY SINKS & SEPERATE BATHING AREA.

    Matt Mercer Gold Coast Realty Chicago

    900 W Ainslie St Unit A, Chicago, IL 60640
  • /22

    $345,000

    • 3 Beds
    • 1.5 Baths
    • 1,800 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
  • /20

    $129,900 Open Sun 12:30PM - 2:30PM

    • 1 Bed
    • 1 Bath
    • 1,120 Sq Ft

    5000 N Marine Dr Unit 4B, Chicago, IL 60640

    If you're looking for a sunny home, look no further. This very large (1100 SF) 1 bd/1 ba apartment at The Aquitania faces south and west. Light streams in all the rooms, except the bedroom (faces west). The gracious floorplan includes separate living and dining room PLUS a 9x9 space perfect for an office nook. Bedroom fits a king bed - massive closet space was added after a reconfiguration.

    Sandra Black RE/MAX 10 Lincoln Park

    5000 N Marine Dr Unit 4B, Chicago, IL 60640
  • /14

    $194,500

    • 1 Bed
    • 1 Bath

    5000 N Marine Dr Unit 12D, Chicago, IL 60640

    The Aquitania - Built in 1923 originally for the booming Chicago film industry. Assessments include everything in this luxury building. Brimming with period architectural details and stately features it exudes a sophistication of truly a golden age of style and design. Enjoy sweeping lake views and vintage elegance in this lovely 1 bedroom-1 bath co-op apartment in the historic Aquitania. .

    Maximo Almonte RE/MAX Premier

    5000 N Marine Dr Unit 12D, Chicago, IL 60640
  • /25

    $169,500

    • 1 Bed
    • 1 Bath

    4900 N Marine Dr Unit 709, Chicago, IL 60640

    Bright and Spacious 1 Bedroom condo in lovely building. Beautiful Margate Park views' ! Large living room, good size dining, spacious fully equipped kitchen and very lovely bedroom. A Beautiful condo!

    Yvonne Sito @properties Christie's International Real Estate

    4900 N Marine Dr Unit 709, Chicago, IL 60640
  • /22

    $132,500

    • 1 Bed
    • 1 Bath
    • 1,075 Sq Ft

    5000 N Marine Dr Unit 7D, Chicago, IL 60640

    Welcome to the Aquitania - where timeless charm meets city living! This 1-bedroom (with a walk-in closet), 1-bath vintage co-op offers classic character and modern comfort in one of the area's most desirable boutique buildings. Step into a spacious split layout featuring hardwood floors, high ceilings, original architectural details, vintage character and abundant natural light. The unit has

    Lizanne Pilot Coldwell Banker Realty

    5000 N Marine Dr Unit 7D, Chicago, IL 60640
  • /18

    $673,500

    • 3 Beds
    • 2 Baths
    • 1,475 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

    Susanna Cherubin-Delisi Compass

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

    $734,000

    • 3 Beds
    • 2 Baths
    • 1,529 Sq Ft

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

    Welcome to 847 West Ainslie Street unit 3E, 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

    Susanna Cherubin-Delisi Compass

    847 W Ainslie St Unit 3E, Chicago, IL 60640
  • /18

    $724,000

    • 3 Beds
    • 2 Baths
    • 1,529 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
  • /21

    $145,000

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft

    4950 N Marine Dr Unit 1105, Chicago, IL 60640

    1-bedroom, 1-bathroom condo with breathtaking lake and city skyline views! This updated unit boasts south- and east-facing windows, flooding the space with natural light. Includes a built in 3-stage water filtration system and brand new window AC installed. It shows beautifully and is move- in ready. Located in a full-amenity building, residents have access to a fully equipped gym, game room,

    Inesa Tomaszewski Alpine Real Estate Partners In

    4950 N Marine Dr Unit 1105, Chicago, IL 60640
  • /14

    $135,000

    • 1 Bed
    • 1 Bath

    4960 N Marine Dr Unit 512, Chicago, IL 60640

    (Buyer financing fell through) "Your Lucky Day"!!! Spacious 1 bedroom/1 bathroom condo located at the Shorelines Park Private Residences. Large living space with combo eat in area from the kitchen. Large bedroom with wall-to-wall closet space offers storage and organization. The building is professionally managed and amenities include: 24 hour door staff, exercise facility, laundry facility,

    Steve Olszewski Berkshire Hathaway HomeServices Starck Real Estate

    4960 N Marine Dr Unit 512, Chicago, IL 60640
  • /45

    $150,000

    • 1 Bed
    • 1 Bath
    • 780 Sq Ft

    5048 N Marine Dr Unit 3A, Chicago, IL 60640

    Bring your clients to this historic landmark art deco building. Emjoy the view of the lakefront from your 3rd floor condo. The unit has been painted, refreshed hardwood floors, oak parquet floors adorn the livingroom and diningroom. Unit offers wood kitchen cabinets, new stainless steel applainces.Updated bathroom. Building offers doorman,parcel pickup, fitness center, partyroom, laundry

    Antonio Lavagnolli Metropolitan Realty & Development Corp

    5048 N Marine Dr Unit 3A, Chicago, IL 60640

Why Live in Margate Park

Margate Park in Chicago features a mix of high-rise condos along Marine Drive and historic single-family homes in the Castlewood Terrace Historic District, showcasing Tudor Revival, Queen Anne, and early Prairie architectural styles. The neighborhood is predominantly made up of apartments and condos, with a significant portion of residents being renters. Margate Park offers ample green spaces, including Foster Beach and Montrose Beach, which provide access to the lake, bike trails, and dog-friendly areas like the Margate Park Puptown Dog Park and 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 with various play structures and a splash pad. The neighborhood is known for its vibrant dining scene, especially in the Asia on Argyle area, where Vietnamese restaurants like Nha Hang, Pho 777, and Pho 888 are popular. Other dining options include Kie-Gol-Lanee for Oaxacan cuisine and Tweet for organic brunches. Grocery shopping is convenient with Mariano's, Jewel-Osco, and Tai Nam Food Market nearby. Margate Park is also close to historic theaters and music venues like the Aragon, Riviera, and the Green Mill jazz club. Transportation is accessible with the Argyle and Wilson Red Line L stations, numerous bus routes, and Divvy bike rentals. For drivers, U.S. Route 41 provides routes to the west and south, and O’Hare International Airport is 13 miles away. Healthcare facilities like Weiss Memorial Hospital are within a mile. The neighborhood is served by Senn High School and Lycee Francais de Chicago, both highly rated schools.

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. 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.
How much do you need to make to afford a house in Margate Park?
The median home price in Margate Park is $169,500. If you put a 20% down payment of $33,900 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $860 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $37K a year to afford the median home price in Margate Park. 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 60618.
What are the most popular neighborhoods near Margate Park, Chicago, IL?
The most popular neighborhoods near Margate Park, Chicago, IL are Little Vietnam, Sheridan Park, Clarendon Park, Edgewater and Buena Park.
Are home prices dropping in Margate Park?
Yes, home prices in Margate Park are down 6% in the last 12 months.

Home Trends in Margate Park, IL

Housing Trends

Median Sale Price
$164,000
Median Single Family Sale Price
$2,024,500
Median Townhouse Sale Price
$502,500
Median 2 Bedroom Sale Price
$263,000
Median 1 Bedroom Sale Price
$153,750
Average Price Per Sq Ft
$237
Number of Homes for Sale
14
Last 12 months Home Sales
84
Months of Supply
2.00
Median List Price
$169,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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