5040 N Marine Dr Unit D3 Chicago, IL 60640
Margate Park Neighborhood
1
Bed
1
Bath
800
Sq Ft
$717/mo
HOA Fee
Highlights
- Doorman
- Landscaped Professionally
- Property is near a park
- Fitness Center
- Lock-and-Leave Community
- 2-minute walk to Bill Hersh Playground
About This Home
As of July 2025Welcome home to this beautiful and bright 1-bedroom, 1-bathroom condo in Chicago's historic MDA building just steps from Lake Shore Drive and Foster Beach! This newly-painted unit offers one of the more spacious layouts, including a large living room, separate dining room for hosting friends and family that can also be used as an office/den/multipurpose room, ample-sized bedroom with plenty of closet storage, and a newly updated bathroom. So many building amenities including a doorman, fitness center, party/common room, on-site management, bike room, and additional storage locker. Enjoy the beautifully landscaped courtyard with a striking Art Deco fountain where you can sit and relax, read, or take part in one of the many community events such as morning coffee talk, evening happy hours, courtyard yoga, group gardening days, building-wide holiday parties, and monthly board meetings. The building offers convenient access to express buses (146, 147, & 136), the Argyle Red Line, Lake Shore Drive, and plenty of shopping and dining. There is an access tunnel across the street that leads directly to Foster Beach-summer doesn't get any better than that! Nothing to do here but move in and enjoy all this home has to offer!
Last Agent to Sell the Property
Crosstown Realtors, Inc. License #475172815 Listed on: 05/27/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,604
Year Built
- Built in 1939
HOA Fees
- $717 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 800 Sq Ft Home
- Family Room
- Living Room
- Formal Dining Room
- Microwave
- Laundry Room
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- Heating System Uses Steam
- Lake Michigan Water
Additional Features
- Landscaped Professionally
- Property is near a park
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, insurance, doorman, exterior maintenance, lawn care, scavenger, snow removal
- 203 Units
- Darci Kavanagh Association, Phone Number (773) 561-5975
- Property managed by Marine Drive Association
- Lock-and-Leave Community
- 8-Story Property
Amenities
- Doorman
- Common Area
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Pets up to 99 lbs
- Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2025
Closed on
Jun 30, 2025
Sold by
Ceccarelli Darlene
Bought by
Poniatowski Gregory and Poniatowski Leah
Seller's Agent
Kristy Jones
Crosstown Realtors, Inc.
Buyer's Agent
Cristi Stitz
Pioneer Realty Group LLC
List Price
$129,900
Sold Price
$127,000
Premium/Discount to List
-$2,900
-2.23%
Views
170
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.67%
Original Mortgage
$95,250
Outstanding Balance
$95,179
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$35,053
Purchase Details
Closed on
Mar 26, 2024
Sold by
Kosmatka Lori and Aguinir Carmelo Gerald
Bought by
Ceccarelli Darlene
Purchase Details
Listed on
Jun 23, 2014
Closed on
Jul 16, 2014
Sold by
Hart Jennifer L
Bought by
Kosmatka Lori and Ceccarelli Darlene
Seller's Agent
laura arnett
Baird & Warner
Buyer's Agent
Ted Mortellaro
Baird & Warner
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Purchase Details
Closed on
Jun 8, 1998
Sold by
White Donna L K
Bought by
Hart Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
7.15%
Purchase Details
Closed on
May 30, 1997
Sold by
Simion Gabriela
Bought by
White Donna L K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,950
Interest Rate
7.9%
Similar Homes in Chicago, IL
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $127,000 | Chicago Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $86,000 | Cti | |
| Warranty Deed | $52,000 | Professional National Title | |
| Warranty Deed | $41,000 | Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $95,250 | New Conventional | |
| Previous Owner | $24,800 | Credit Line Revolving | |
| Previous Owner | $103,750 | Stand Alone First | |
| Previous Owner | $13,000 | Unknown | |
| Previous Owner | $46,800 | No Value Available | |
| Previous Owner | $38,950 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Sold | $127,000 | -2.2% | $159 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | For Sale | $129,900 | +51.0% | $162 / Sq Ft |
| 07/23/2014 07/23/14 | Sold | $86,000 | -4.3% | $108 / Sq Ft |
| 07/03/2014 07/03/14 | Pending | -- | -- | -- |
| 06/23/2014 06/23/14 | For Sale | $89,900 | -- | $112 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,604 | $11,207 | $3,195 | $8,012 |
| 2023 | $1,542 | $10,920 | $2,854 | $8,066 |
| 2022 | $1,542 | $10,920 | $2,854 | $8,066 |
| 2021 | $1,526 | $10,919 | $2,854 | $8,065 |
| 2020 | $2,104 | $9,444 | $1,784 | $7,660 |
| 2019 | $2,091 | $10,408 | $1,784 | $8,624 |
| 2018 | $2,056 | $10,408 | $1,784 | $8,624 |
| 2017 | $1,801 | $8,365 | $1,570 | $6,795 |
| 2016 | $1,675 | $8,365 | $1,570 | $6,795 |
| 2015 | $1,641 | $8,955 | $1,570 | $7,385 |
| 2014 | $1,231 | $9,203 | $1,213 | $7,990 |
| 2013 | $1,196 | $9,203 | $1,213 | $7,990 |
Source: Public Records
Agents Affiliated with this Home
-
Kristy Jones
Seller's Agent in 2025
Kristy Jones
Crosstown Realtors, Inc.
(708) 250-3330
2 in this area
36 Total Sales
-
Kelsey Domina
Seller Co-Listing Agent in 2025
Kelsey Domina
Crosstown Realtors, Inc.
(708) 942-8297
1 in this area
224 Total Sales
-
Cristi Stitz
Buyer's Agent in 2025
Cristi Stitz
Pioneer Realty Group LLC
1 in this area
1 Total Sale
-
laura arnett
Seller's Agent in 2014
laura arnett
Baird Warner
(312) 403-8588
1 in this area
20 Total Sales
-
J
Seller Co-Listing Agent in 2014
John Eggert
Baird Warner
-
Ted Mortellaro
Buyer's Agent in 2014
Ted Mortellaro
Baird & Warner
(773) 793-0313
11 in this area
104 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12375810
APN: 14-08-407-022-1010
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