NOT LISTED FOR SALE

4980 N Marine Dr Unit 231 Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $132,000 - $152,000

1 Bed
1 Bath
700 Sq Ft
2.93 Acres

Last Sold December 22, 2021

Last sale price $81,000 $116 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $929/month

Highlights

  • Doorman
  • Fitness Center
  • Lock-and-Leave Community
  • Water Views
  • Open Floorplan
  • 1-minute walk to Bill Hersh Playground

About This Home

As of February 2024

Largest one-bedroom floorplan in the building! ALL UTILITIES INCLUDED! Yes, the heat, A/C, electric, water, trash/recycling, cable TV, and basic internet are all included! Internet and cable can be upgraded if desired for an additional fee. This bright and spacious condo has an entire wall of South-facing windows overlooking the courtyard and offering tons of natural light. The functional kitchen has all-black appliances, including a dishwasher, a window above the sink, and a passthrough for great flow and light. The combined living and dining room are spacious enough for large furniture and multiple configurations. The bedroom has clean, neutral carpet and can easily fit a King-sized bed and more. The entire East bedroom wall is lined with closets for great storage, as well as additional sound insulation from the living room. The bathroom is a clean, well-preserved, original white tile bath with a tub/shower combo. The Shoreline Park Condo building is well-maintained with secure entry, a 24-hour doorman, digital visitor sign-in that dials your phone, a package room, and more! Everything you need is on-site with a large common laundry room and a well-equipped exercise room just two floors below. There is also a business center, a park across the street, and an a rooftop terrace that offers incredible lake, city, and skyline views! For commuters, the express CTA Buses stop right by the entrance, Lake Shore Drive and the Lake Shore Path are less than a block away, and you're less than 10 minutes from the Argyle Red Line stop. Shops, cafes, restaurants, Mariano's, and the lakefront are all easily accessible. Available as of 4/1/24 for a 1+ year lease. NO SECURITY DEPOSIT! Landlord charges a one-time, non-refundable $500 move-in fee in lieu of a security deposit. Building move-in fee/deposit also apply. Sorry, NO PETS! NO SMOKING! Showings will be held at set times by appointment only. Please note: The unit is currently tenant-occupied, and very clean, but the photos are from when the unit was vacant.

Last Agent to Rent the Property

Jennifer Delaney

Real People Realty License #475193755 Listed on: 02/01/2024

Real People Realty

Last Renter's Agent

John Baer

Coldwell Banker Realty License #471006303

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1953 | Remodeled in 2014

Lot Details

  • 2.93

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • Open Floorplan
  • Blinds
  • Family or Dining Combination
  • Home Gym
  • Water Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Location

  • Property is near a bus stop

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Property Available on 4/1/24
  • Rent includes cable TV, electricity, heat, water, scavenger, doorman, exterior maintenance, lawn care, snow removal, internet, air conditioning, wi-fi
  • 12 Month Lease Term

Community Details

Overview

  • 570 Units
  • Fabiola Alvarez Association, Phone Number (773) 878-5900
  • Property managed by Sudler
  • Lock-and-Leave Community
  • 15-Story Property

Amenities

  • Doorman
  • Sundeck
  • Building Patio
  • Picnic Area
  • Business Center
  • Coin Laundry
  • Service Elevator
  • Lobby
  • Elevator

Recreation

  • Fitness Center
  • Park
  • Trails
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Security Lighting

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,864

Year Built

Built in 1953 | Remodeled in 2014

Lot Details

0

Rental Info

  • Available Date: 2024-04-01
  • Lease Term: 12 Months
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1650
  • Security Deposit: NONE
  • Fees/Approvals: Fee for Bike Room,Move-in Fee,Move Out Fee,Refundable Damage Deposit,Security Guard Fee

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2014
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Electric Cooktop, Electric Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Elevator, Wood Laminate Floors, Open Floorplan, Some Carpeting, Some Window Treatmnt, Dining Combo, Health Facilities, Lobby
  • LivingArea: 700
  • Room Type: No additional rooms
  • Stories Total: 15
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Blinds
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Cable Access
  • List Price: 1650
  • Lot Features: Other
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Driveway: Circular,Off Alley
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam, Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Park, Sundeck, Security Door Lock(s), Service Elevator(s), Business Center, Laundry, Patio, Public Bus, Picnic Area, Security Lighting, Trail(s), Water View
  • Rent Includes: Cable TV, Electricity, Heat, Water, Scavenger, Doorman, Exterior Maintenance, Lawn Care, Snow Removal, Internet, Air Conditioning, Wi-Fi
  • Management: Manager On-site
  • Management Company: Sudler
  • Management Contact Name: Fabiola Alvarez
  • Management Phone: 773-878-5900

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 17, 2021
Sold by
Zahradnicek Janusz and Marine Land Trust 4980
Bought by
Levinson Neta
Seller's Agent
Malgorzata Zahradnicek
Happy Homes Realty Inc.
Buyer's Agent
Sonia Habibovic
Koral Realty
List Price
$89,000
Sold Price
$81,000
Premium/Discount to List
-$8,000
-8.99%
Current Estimated Value
$142,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,210
Avg. Annual Appreciation
15.39%

Purchase Details

Closed on
May 28, 2021
Sold by
Horwitz Christine
Bought by
Marine Land Trust 4980

Purchase Details

Listed on
Sep 15, 2017
Closed on
Jan 2, 2018
Sold by
Franz Edward A
Bought by
Horwitz Christine
Seller's Agent
Vanessa Vanourek
Baird & Warner
Buyer's Agent
Andrew Carpenter
Compass
List Price
$114,900
Sold Price
$103,000
Premium/Discount to List
-$11,900
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%

Purchase Details

Closed on
Jun 26, 2008
Sold by
Bickford Debora A
Bought by
Franz Edward A and Franz Gay A

Purchase Details

Closed on
Jan 16, 2003
Sold by
Montebello Roman Juliana and Pierluissi Barbara E
Bought by
Bickford Debora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,605
Interest Rate
6.13%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Shoreline Park Of Chicago Llc
Bought by
Montebello Roman Juliana and Pierluissi Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Levinson Neta $81,000 --
Levinson Neta $81,000 --
Marine Land Trust 4980 $60,000 Fidelity National Title
Horwitz Christine $103,000 Chicago Title
Franz Edward A $126,000 Ticor Title Insurance Co
Bickford Debora $151,000 --
Montebello Roman Juliana $113,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bickford Debora $22,605
Previous Owner Montebello Roman Juliana $109,250
Closed Bickford Debora $120,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Rented $1,650 0.0% --
02/23/2024 02/23/24 Under Contract -- -- --
02/12/2024 02/12/24 Price Changed $1,650 -2.9% $2 / Sq Ft
02/01/2024 02/01/24 For Rent $1,700 +3.0% --
02/17/2023 02/17/23 Rented $1,650 0.0% --
02/17/2023 02/17/23 For Rent $1,650 0.0% --
02/16/2023 02/16/23 Off Market $1,650 -- --
01/31/2023 01/31/23 For Rent $1,650 0.0% --
12/22/2021 12/22/21 Sold $81,000 -9.0% $121 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $89,000 -13.6% $133 / Sq Ft
01/10/2018 01/10/18 Sold $103,000 -6.3% $154 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
10/26/2017 10/26/17 Price Changed $109,900 -4.4% $164 / Sq Ft
09/15/2017 09/15/17 For Sale $114,900 -- $171 / 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 $1,864 $10,768 $1,721 $9,047
2023 $1,817 $8,836 $1,541 $7,295
2022 $1,817 $8,836 $1,541 $7,295
2021 $1,107 $8,835 $1,541 $7,294
2020 $1,083 $7,965 $961 $7,004
2019 $1,075 $8,778 $961 $7,817
2018 $1,734 $8,778 $961 $7,817
2017 $1,370 $6,364 $846 $5,518
2016 $1,275 $6,364 $846 $5,518
2015 $1,166 $6,364 $846 $5,518
2014 $968 $5,216 $653 $4,563
2013 $949 $5,216 $653 $4,563
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11971047

Midwest Real Estate Data (MRED)

APN: 14-08-412-040-1060