NOT LISTED FOR SALE

4980 N Marine Dr Unit 831 Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $145,244 - $162,000

1 Bed
1 Bath
700 Sq Ft
$559/mo HOA Fee

Last Sold May 03, 2023

Last sale price $138,000 $197 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,464/month

Highlights

  • Doorman
  • Rooftop Deck
  • Sundeck
  • Fitness Center
  • Business Center
  • 1-minute walk to Bill Hersh Playground

About This Home

As of May 2023

SOLD BEFORE PROCESSING. Largest 1 bedroom floorplan in Shoreline Park! Expansive windows offer a lovely, south-eastern exposure with courtyard and park views. Generously sized living area with plenty of room for a dining table, fully applianced kitchen and updated bath. Ample interior closet space and dedicated storage on the same floor. Residents are fully supported by a 24/7 front desk staff with access to impressive amenities such as: a roof deck with incredible lake & city views, fitness center, laundry facilities, business center, bike storage and, of course, the lakefront & park steps from your front door! Ideally located in Margate Park within walking distance to Mariano's, restaurants along Argyle, The Margate Field House, green space, dog parks, express bus service & the Argyle red line. Newer paint and carpeting throughout. GARAGE PARKING INCLUDED. FHA Approved.

Last Agent to Sell the Property

Jim Czeszewski

Compass License #475116468 Listed on: 04/08/2023

Compass

Last Buyer's Agent

Greg Vinn

Real Broker LLC License #475175441

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1953

Lot Details

  • 2.93

HOA Fees

  • $559 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Rooftop Deck
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, electricity, parking, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 570 Units
  • Fabiola Alvarez Association, Phone Number (773) 878-5900
  • Property managed by Shoreline Park - Sudler
  • 15-Story Property

Amenities

  • Doorman
  • Sundeck
  • Business Center
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,355

Year Built

Built in 1953

Lot Details

0

HOA Fees

$559 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 700
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 15
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Roof Deck
  • List Price: 138000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 559
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Service Elevator(s), Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Shoreline Park - Sudler
  • Management Contact Name: Fabiola Alvarez
  • Management Phone: 773-878-5900X4
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1355.07
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
Apr 27, 2023
Sold by
Bergen Carrie A
Bought by
Burgess Allen
Seller's Agent
Jim Czeszewski
Compass
Buyer's Agent
Greg Vinn
Real Broker LLC
List Price
$138,000
Sold Price
$138,000
Views
4
Current Estimated Value
$153,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,561
Avg. Annual Appreciation
4.61%
Original Mortgage
$133,860
Outstanding Balance
$129,923
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$23,638

Purchase Details

Closed on
Jun 14, 2016
Sold by
Jason W Kim
Bought by
Gomez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,134
Interest Rate
3.6%

Purchase Details

Closed on
Oct 30, 2007
Sold by
Swiertoka Maria
Bought by
Bergen Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,608
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2001
Sold by
Shoreline Park Of Chicago Llc
Bought by
Swiertoka Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,450
Interest Rate
7.16%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Burgess Allen $138,000 None Listed On Document
Gomez Maria -- --
Bergen Carrie A $148,500 Multiple
Swiertoka Maria $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Allen $133,860
Previous Owner Gomez Maria $101,134
Previous Owner Gomez Maria --
Previous Owner Bergen Carrie A $128,300
Previous Owner Bergen Carrie A $133,608
Previous Owner Swiertoka Maria $118,000
Previous Owner Swiertoka Maria $122,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $138,000 0.0% $197 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $138,000 0.0% $197 / Sq Ft
09/15/2020 09/15/20 Rented $1,340 0.0% --
09/08/2020 09/08/20 Under Contract -- -- --
08/17/2020 08/17/20 Price Changed $1,340 -4.3% $2 / Sq Ft
06/22/2020 06/22/20 For Rent $1,400 +5.7% --
11/03/2016 11/03/16 Under Contract -- -- --
11/03/2016 11/03/16 Rented $1,325 0.0% --
10/07/2016 10/07/16 For Rent $1,325 -- --
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 $1,045 $10,568 $1,689 $8,879
2023 $997 $8,272 $1,513 $6,759
2022 $997 $8,272 $1,513 $6,759
2021 $993 $8,270 $1,512 $6,758
2020 $1,050 $7,817 $943 $6,874
2019 $1,042 $8,615 $943 $7,672
2018 $1,023 $8,615 $943 $7,672
2017 $618 $6,246 $830 $5,416
2016 $751 $6,246 $830 $5,416
2015 $664 $6,246 $830 $5,416
2014 $473 $5,119 $641 $4,478
2013 $453 $5,119 $641 $4,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11725458

Midwest Real Estate Data (MRED)

APN: 14-08-412-040-1282