4980 N Marine Dr Unit 532 Chicago, IL 60640
Margate Park NeighborhoodEstimated payment $1,460/month
Highlights
- Doorman
- Fitness Center
- Sundeck
- Water Views
- Business Center
- 1-minute walk to Bill Hersh Playground
About This Home
Live across the lake in this condo has been freshly painted, an updated kitchen and hardwood floors. Great location across from the lakefront bike path and steps from Montrose & Foster beach. Plenty of public transportation nearby (the 136, 146 and 148 buses stop right in front of the building). Restaurants, stores and historical music venues are all within walking distance. Full amenity building includes on-site management office & maintenance, 24 hr front desk staff, package receiving, laundry room, gym, game room, business center, community center, 2 rooftop decks with 360 views of lake and city, bike rooms, and more. Condo can be rented out, minimum of 6 month lease required. Association allows up to 49% and rentals are currently at 39%. Reserves are approximately $4.8 mil.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,864
Year Built
- Built in 1947
HOA Fees
- $514 Monthly HOA Fees
Home Design
- Entry on the 7th floor
- Brick Exterior Construction
Interior Spaces
- 700 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Water Views
- Laundry Room
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- Baseboard Heating
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 570 Units
- Jay Or Matt Association, Phone Number (773) 878-5900
- Shoreline Park Subdivision
- Property managed by Sudler
- 15-Story Property
Amenities
- Doorman
- Sundeck
- Business Center
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,869 | $1,737 | $9,132 |
| 2023 | $1,817 | $8,836 | $1,556 | $7,280 |
| 2022 | $1,817 | $8,836 | $1,556 | $7,280 |
| 2021 | $1,776 | $8,834 | $1,555 | $7,279 |
| 2020 | $1,791 | $8,039 | $970 | $7,069 |
| 2019 | $1,780 | $8,860 | $970 | $7,890 |
| 2018 | $1,750 | $8,860 | $970 | $7,890 |
| 2017 | $1,383 | $6,424 | $854 | $5,570 |
| 2016 | $1,287 | $6,424 | $854 | $5,570 |
| 2015 | $1,177 | $6,424 | $854 | $5,570 |
| 2014 | $977 | $5,264 | $659 | $4,605 |
| 2013 | $957 | $5,264 | $659 | $4,605 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $150,000 | -- | $214 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Special Warranty Deed | $108,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $67,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12517608
APN: 14-08-412-040-1172
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