5048 N Marine Dr Unit E6 Chicago, IL 60640
Margate Park Neighborhood
2
Beds
1
Bath
956
Sq Ft
$1,182/mo
HOA Fee
Highlights
- Fitness Center
- Wood Flooring
- Formal Dining Room
- Waterfront
- Elevator
- 2-minute walk to Bill Hersh Playground
About This Home
As of April 2025Beautiful lakefront living in this historic Art Deco building on the park! This rarely available floor plan features stunning eastern exposures overlooking the park and lake. Original and decorative finishes combined with upgrades set this home apart. Wood floors compliment the living and dining spaces. The kitchen features white cabinetry, granite countertops, and a stylish stone backsplash. The bathroom retains its vintage charm with an oversized tub, complemented by a new vanity and sink with ample storage. Enjoy the views from both bedrooms. Ceramic tile bathroom. The building features 24 hour security, evening doorman, shared laundry, mailroom, storage facility, bike storage and fitness center. A gracious and spectacular courtyard provides an outside oasis within steps from grocery stores, restaurants, busses and the el train. Get the best of both Uptown and Edgewater being near Margate Park, Foster Beach and bike trails. Don't delay at the chance to call this truly remarkable property your own!
Last Agent to Sell the Property
Fulton Grace Realty License #475206979 Listed on: 01/27/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,367
Year Built
- Built in 1939
Lot Details
- Waterfront
HOA Fees
- $1,182 Monthly HOA Fees
Parking
- 2 Parking Spaces
Home Design
- Entry on the 6th floor
- Brick Exterior Construction
Interior Spaces
- 956 Sq Ft Home
- Family Room
- Living Room
- Formal Dining Room
- Wood Flooring
- Home Security System
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Utilities
- Radiator
- Heating System Uses Steam
Community Details
Overview
- Association fees include heat, air conditioning, water, electricity, insurance, security, doorman, lawn care, snow removal
- 203 Units
- Manager Association, Phone Number (773) 561-5975
- Mid-Rise Condominium
- Property managed by Marine Drive Condominium Association
- 8-Story Property
Amenities
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2025
Closed on
Apr 15, 2025
Sold by
Bild Eugene D and Curry Ramona
Bought by
Pagusara Linus C and Casino Rita
Seller's Agent
Ryan Stodd
Fulton Grace Realty
Buyer's Agent
Nina Moffa
Baird & Warner
List Price
$199,500
Sold Price
$199,500
Views
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288
Avg. Annual Appreciation
0.40%
Original Mortgage
$156,400
Outstanding Balance
$155,844
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$43,944
Purchase Details
Listed on
Feb 5, 2014
Closed on
Jun 9, 2014
Sold by
Harris Jennifer R
Bought by
Curry Ramona and Bild Eugene D
Seller's Agent
Alley Ballard
@properties Christie's International Real Estate
Buyer's Agent
TESSI NEUHAUSER
Fulton Grace Realty
List Price
$179,900
Sold Price
$168,500
Premium/Discount to List
-$11,400
-6.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%
Purchase Details
Closed on
May 26, 2006
Sold by
Korcak Mimi
Bought by
Harris Jennifer R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.66%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 12, 2003
Sold by
Koehlinger David
Bought by
Crump Charles J and Korcak Mimi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,261
Interest Rate
4.87%
Mortgage Type
Unknown
Similar Homes in Chicago, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $195,500 | First American Title | |
| Warranty Deed | $168,500 | Proper Title Llc | |
| Warranty Deed | $200,000 | Pntn | |
| Deed | $68,500 | Oconnor Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $156,400 | New Conventional | |
| Previous Owner | $147,000 | New Conventional | |
| Previous Owner | $160,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $40,000 | Stand Alone Second | |
| Previous Owner | $30,000 | Stand Alone Second | |
| Previous Owner | $35,261 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | Sold | $199,500 | 0.0% | $209 / Sq Ft |
| 03/07/2025 03/07/25 | Pending | -- | -- | -- |
| 01/27/2025 01/27/25 | For Sale | $199,500 | 0.0% | $209 / Sq Ft |
| 09/25/2023 09/25/23 | Rented | $2,300 | +4.5% | -- |
| 08/30/2023 08/30/23 | For Rent | $2,200 | 0.0% | -- |
| 06/17/2014 06/17/14 | Sold | $168,500 | -6.3% | -- |
| 02/21/2014 02/21/14 | Pending | -- | -- | -- |
| 02/05/2014 02/05/14 | For Sale | $179,900 | -- | -- |
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 | $3,367 | $16,714 | $4,765 | $11,949 |
| 2023 | $3,282 | $15,960 | $4,257 | $11,703 |
| 2022 | $3,282 | $15,960 | $4,257 | $11,703 |
| 2021 | $3,209 | $15,959 | $4,257 | $11,702 |
| 2020 | $3,138 | $14,087 | $2,662 | $11,425 |
| 2019 | $3,118 | $15,521 | $2,662 | $12,859 |
| 2018 | $3,066 | $15,521 | $2,662 | $12,859 |
| 2017 | $2,686 | $12,476 | $2,342 | $10,134 |
| 2016 | $2,499 | $12,476 | $2,342 | $10,134 |
| 2015 | $2,448 | $13,357 | $2,342 | $11,015 |
| 2014 | $2,071 | $13,728 | $1,810 | $11,918 |
| 2013 | $2,019 | $13,728 | $1,810 | $11,918 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Stodd
R
Seller's Agent in 2025
Ryan Stodd
Fulton Grace
(773) 698-6648
1 in this area
5 Total Sales
-
Nina Moffa
Buyer's Agent in 2025
Nina Moffa
Baird Warner
(610) 529-6462
1 in this area
46 Total Sales
-
John Floros
J
Seller's Agent in 2023
John Floros
Fulton Grace
(773) 698-6648
249 Total Sales
-
Renee Pehanich
R
Buyer's Agent in 2023
Renee Pehanich
Fulton Grace Realty
(312) 600-7115
6 Total Sales
-
Alley Ballard
Seller's Agent in 2014
Alley Ballard
@ Properties
(312) 848-7787
5 in this area
275 Total Sales
-
TESSI NEUHAUSER
T
Buyer's Agent in 2014
TESSI NEUHAUSER
Fulton Grace
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12276748
APN: 14-08-407-022-1093
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