$130,000

4980 N Marine Dr Unit 135 Chicago, IL 60640

Margate Park Neighborhood

Estimated payment $1,378/month

Total Views 52
1 Bed
1 Bath
625 Sq Ft
$208 Price per Sq Ft

Highlights

  • Living Room
  • Ceramic Tile Flooring
  • Baseboard Heating
  • Laundry Room
  • Dining Room
  • 1-minute walk to Bill Hersh Playground

About This Home

Investor-friendly corner 1BD/1BA condo across from Margate Park. Hardwood floors in living area, breakfast bar, spacious entry hall, and large bedroom. Full-amenity building with 24-hr door staff, fitness center, business center, 2 rooftop decks with 360 views, bike rooms, laundry, and cleaners. Prime location across from lakefront path, steps to Montrose & Foster Beach. Easy access to Red Line, express buses (136, 146, 148), Andersonville, Edgewater, and Uptown. Restaurants, shops, and music venues nearby. Condo can be rented out, minimum of 6 month lease required.

Listing Agent

Carole Klein

Baird & Warner Listed on: 10/22/2025

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1949

HOA Fees

  • $541 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 625 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Range
  • Laundry Room

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, electricity, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 540 Units
  • Management Association, Phone Number (773) 878-5900
  • Property managed by Shoreline Park
  • 14-Story Property

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,864

Year Built

Built in 1949

Lot Details

0

HOA Fees

$541 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 625
  • Room Type: No additional rooms
  • Stories Total: 14
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 541
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Shoreline Park
  • Management Contact Name: Management
  • Management Phone: 773-878-5900

Fee Information

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

Lot Info

  • Lot Dimensions: Common
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1864
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 540

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,864 $11,162 $1,784 $9,378
2023 $1,114 $8,837 $1,598 $7,239
2022 $1,114 $8,837 $1,598 $7,239
2021 $1,107 $8,835 $1,597 $7,238
2020 $1,148 $8,255 $996 $7,259
2019 $1,139 $9,099 $996 $8,103
2018 $1,119 $9,099 $996 $8,103
2017 $694 $6,597 $877 $5,720
2016 $821 $6,597 $877 $5,720
2015 $728 $6,597 $877 $5,720
2014 $526 $5,406 $677 $4,729
2013 $505 $5,406 $677 $4,729
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2025 10/22/25 For Sale $130,000 +176.6% $208 / Sq Ft
07/10/2012 07/10/12 Sold $47,000 +1.7% $78 / Sq Ft View Prior Sale
04/13/2012 04/13/12 Pending -- -- --
03/12/2012 03/12/12 Price Changed $46,200 +46100.0% $77 / Sq Ft
03/12/2012 03/12/12 For Sale $100 -- $0 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $47,000 Atgf Inc
Legal Action Court Order -- None Available
Special Warranty Deed $125,000 Git
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $99,920 Purchase Money Mortgage
Closed $24,980 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12449029

Midwest Real Estate Data (MRED)

APN: 14-08-412-040-1028