$158,500
SOLD APR 25, 2025
1 Bed
1 Bath
690 Sq Ft
$699/mo HOA Fee

Recently Sold

$230 Per Sq Ft

6% Above List Price

3 Days on Market

Highlights

  • Lock-and-Leave Community
  • Elevator
  • Laundry Room
  • Sundeck
  • Resident Manager or Management On Site
  • 2-minute walk to Bill Hersh Playground

About This Home

As of April 2025

Stunning 1-Bed/1-Bath Corner Unit - Your Dream Lake view Condo in Margate Park. Start your day with panoramic views of the lake and park from this sun-drenched, corner 1-bedroom condo in the heart of Margate Park. Expansive 5 windows fill the open-concept layout with natural light-perfect for lounging, entertaining, or working from home. Inside, you'll find sleek granite countertops with backsplash, a modern bathroom, stylish laminate hardwood floors throughout, and a move-in-ready vibe that blends comfort with clean, contemporary design. Enjoy all-inclusive amenities: heat, gas, water, cable tv, and internet. A attached heated garage monthly parking of 145 dollars has a long waitlist, but there is available parking option nearby. Step outside and you're minutes from the lakefront, bike trails, Foster Beach, parks, and a Puptown Dog Park, groceries, restaurants, and nightlife are just around the corner. Commuting is a breeze with 146 express bus stop right outside-quick downtown access without the hassle and Red Line Station nearby. Extras include a large full storage cage on the main floors and a rooftop deck with sweeping lake and skyline views. Set in a well-maintained building with building engineer onsite 7 days, a two-year ownership requirement before renting. This is rare corner unit opportunity you don't want to miss.

Last Agent to Sell the Property

Urai Chiya

@properties Christie's International Real Estate License #471013266 Listed on: 03/23/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Julie Naumiak

Baird & Warner License #471005899

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1953

HOA Fees

  • $699 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 690 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Additional Features

  • Property is near a bus stop
  • Baseboard Heating

Community Details

Overview

  • Association fees include heat, water, gas, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 120 Units
  • Amy Wukotich Association, Phone Number (312) 818-2929
  • Property managed by First Community management
  • Lock-and-Leave Community
  • 8-Story Property

Amenities

  • Sundeck
  • Coin Laundry
  • Elevator

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,832

Year Built

Built in 1953

Lot Details

0

HOA Fees

$699 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 690
  • Room Type: No additional rooms
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • List Price: 149000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 699
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Sundeck, Security Door Lock(s), Ceiling Fan, Public Bus
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community management
  • Management Contact Name: Amy Wukotich
  • Management Phone: 312-818-2929
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 1832
  • Tax Year: 2023

Multi Family

  • Units in Building: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2025
Closed on
Apr 15, 2025
Sold by
Premsukh Lutchman and Premsukh Kenisha
Bought by
Eddy Christopher
Seller's Agent
Urai Chiya
@properties Christie's International Real Estate
Buyer's Agent
Julie Naumiak
Baird & Warner
List Price
$149,000
Sold Price
$158,500
Premium/Discount to List
$9,500
6.38%
Views
45
Current Estimated Value
$156,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,563
Avg. Annual Appreciation
-2.57%

Purchase Details

Listed on
Jul 15, 2014
Closed on
Aug 12, 2014
Sold by
Fredette Stephena A and Mccann Stephanie F
Bought by
Premsukh Devika and Premsukh Kenisha
Seller's Agent
Nadia Rahmani
Jameson Sotheby's International Realty
Buyer's Agent
James Launius
House4Sale
List Price
$125,000
Sold Price
$107,000
Premium/Discount to List
-$18,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$80,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1993
Sold by
Lasalle National Trust Na
Bought by
Fredette Stephena and Mccann Stephanie P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $158,500 Proper Title
Warranty Deed $107,000 Fidelity National Title
Joint Tenancy Deed $26,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $158,500 +6.4% $230 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/23/2025 03/23/25 For Sale $149,000 +39.3% $216 / Sq Ft
08/29/2014 08/29/14 Sold $107,000 -14.4% --
08/22/2014 08/22/14 For Sale $125,000 0.0% --
08/01/2014 08/01/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $125,000 0.0% --
07/20/2014 07/20/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $125,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,832 $13,704 $2,634 $11,070
2023 $1,764 $12,000 $2,354 $9,646
2022 $1,764 $12,000 $2,354 $9,646
2021 $1,743 $11,999 $2,353 $9,646
2020 $1,387 $9,330 $1,471 $7,859
2019 $1,377 $10,284 $1,471 $8,813
2018 $1,353 $10,284 $1,471 $8,813
2017 $748 $6,849 $1,294 $5,555
2016 $872 $6,849 $1,294 $5,555
2015 $774 $6,849 $1,294 $5,555
2014 $1,415 $7,624 $1,000 $6,624
2013 -- $8,730 $1,000 $7,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12318828

Midwest Real Estate Data (MRED)

APN: 14-08-417-050-1041