$247,500
SOLD MAY 13, 2025
2 Beds
2 Baths
1,042 Sq Ft
$881/mo HOA Fee

Recently Sold

$238 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Water Views
  • Sundeck
  • Stainless Steel Appliances
  • Lock-and-Leave Community
  • Elevator
  • 2-minute walk to Bill Hersh Playground

About This Home

As of May 2025

Step into vintage charm with a modern twist in this stunning lake-facing 2-bedroom, 2-bathroom condo in the heart of Margate Park. Nestled in a classic 8-story elevator building, Unit 603 boasts exquisite architectural details, including ornate medallions around the chandeliers, inlaid crown molding, and a graceful formal dining room-a rare find that evokes timeless sophistication. The spacious living area is bathed in natural light, offering breathtaking views of Lake Michigan and the lush park below. The kitchen blends modern convenience with classic elegance, featuring stainless steel appliances, granite countertops, and ample cabinetry. Both bedrooms are generously sized, providing serene retreats with ample closet space. Beyond your door, the building's rooftop deck offers an unbeatable outdoor oasis with grilling stations, dining areas, and panoramic views of the lake, the park, and the dazzling downtown skyline. Enjoy the best of city living with the lakefront trail, Montrose Beach, and vibrant Uptown dining and entertainment just steps away. Ample transportation options abound with the bus stop right out your front door and the Argyle and Lawrence CTA stations easily accessible.

Last Agent to Sell the Property

Brian Elmore

@properties Christie's International Real Estate License #475208659 Listed on: 04/09/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Brian Pistorius

Compass License #475110198

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1954 | Remodeled in 2001

HOA Fees

  • $881 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,042 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Radiator
  • High Speed Internet

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 82 Units
  • Pier Bell Association, Phone Number (312) 335-1950
  • High-Rise Condominium
  • Margate Park Subdivision
  • Property managed by FirstService Residential
  • Lock-and-Leave Community
  • 8-Story Property

Amenities

  • Sundeck
  • Building Patio
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,538

Year Built

Built in 1954 | Remodeled in 2001

Lot Details

0

HOA Fees

$881 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Vintage
  • Ownership: Condo
  • EntryLevel: 6
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Vintage
  • Subdivision Name: Margate Park
  • Year Built: 1954
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2001
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Renovated: 2001

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Gas Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1042
  • 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
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • List Price: 255000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Leased, Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Radiator(s)
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 881
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Sundeck, Security Door Lock(s), Service Elevator(s), Laundry, High Speed Conn., Patio
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Pier Bell
  • Management Phone: 312-335-1950
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Lease Amount: 120
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2538
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 7, 2025
Sold by
Bradley D Kohnert Declaration Of Trust and Osgood Stephen P
Bought by
Dalida Family Trust and Dalida
Seller's Agent
Brian Elmore
@properties Christie's International Real Estate
Buyer's Agent
Brian Pistorius
Compass
List Price
$255,000
Sold Price
$247,500
Premium/Discount to List
-$7,500
-2.94%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.32%

Purchase Details

Closed on
Mar 2, 2001
Sold by
Green Harold J
Bought by
Kohnert Bradley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.18%
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
Deed $247,500 Chicago Title
Warranty Deed $192,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $151,261 New Conventional
Previous Owner $170,000 Unknown
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $247,500 -2.9% $238 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $255,000 0.0% $245 / Sq Ft
04/04/2025 04/04/25 Price Changed $255,000 -- $245 / Sq Ft
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 $2,538 $23,857 $6,679 $17,178
2023 $2,436 $18,000 $5,958 $12,042
2022 $2,436 $18,000 $5,958 $12,042
2021 $2,414 $17,999 $5,958 $12,041
2020 $1,979 $14,467 $3,731 $10,736
2019 $1,963 $15,944 $3,731 $12,213
2018 $1,928 $15,944 $3,731 $12,213
2017 $2,130 $15,972 $3,283 $12,689
2016 $2,342 $15,972 $3,283 $12,689
2015 $2,446 $15,972 $3,283 $12,689
2014 $3,006 $18,771 $2,537 $16,234
2013 $2,936 $18,771 $2,537 $16,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12322869

Midwest Real Estate Data (MRED)

APN: 14-08-413-040-1052