$160,000
- 1 Bed
- 1 Bath
- 700 Sq Ft
5060 N Marine Dr Unit 2A, Chicago, IL 60640
Alex Anderson The Apartment Source
Frequently Asked Questions
Is Margate Park a good place to live?
Margate Park is a good place to live. Margate Park is considered fairly walkable and very bikeable with good 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 $166,450. If you put a 20% down payment of $33,300 and had a 30-year fixed mortgage with an interest rate of 6.36%, your estimated principal and interest payment would be $830 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $36K 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:
- William C. Goudy Technology Academy has a B Niche grade, a student teacher ratio of 13:1 and an average review score of 4.6.
- Senn High School has a B Niche grade, a student teacher ratio of 14:1 and an average review score of 3.7.
- Mccutcheon Elementary School has a C+ Niche grade and a student teacher ratio of 9:1.
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?
What are the most popular neighborhoods near Margate Park, Chicago, IL?
The most popular neighborhoods near Margate Park, Chicago, IL are Edgewater, Sheridan Park, Buena Park, Andersonville and Ravenswood.
Are home prices dropping in Margate Park?
Yes, home prices in Margate Park are down 13% in the last 12 months.
