NOT LISTED FOR SALE

5052 N Marine Dr Unit D4 Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $144,000 - $171,958

2 Beds
1 Bath
930 Sq Ft
$653/mo HOA Fee

Last Sold August 30, 2021

Last sale price $137,400 $148 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,621/month

41 Days on Market

Highlights

  • Doorman
  • Stainless Steel Appliances
  • Combination Dining and Living Room
  • Granite Countertops
  • Lobby
  • 2-minute walk to Bill Hersh Playground

About This Home

As of August 2021

Welcome to your new home in the beautiful Art Deco MDA building located on Marine Drive - only steps from Lincoln Park and Foster Beach! Beautiful condo upgraded in 2021 with brand-new luxury vinyl plank flooring and flush mount LED lights throughout! The unit boasts a well-designed floor plan, plentiful space, and a ton of natural light. A kitchen equipped with brand new stainless steel appliances, granite countertop, and dual sink gives way to spacious rooms with ample closet space. Massive combo living/dining room. Bathroom has been completely updated with new vanity, mirror, toilet, and tile! Large windows overlook water fountains and a gorgeous courtyard. Enjoy living in a building with on-site property management, fitness center & bike room! Parking available through management. This one won't last long!! Submit your offer today!!!

Last Agent to Sell the Property

Sarthak Grover

Real Properties Realty Group, Inc. License #475190823 Listed on: 06/04/2021

Co-Listed By

Lawrence Madden

Real Properties Realty Group, Inc. License #471008536

Last Buyer's Agent

Michael Peterson

Dream Town Real Estate License #475171243

Dream Town Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1939 | Remodeled in 2021

Lot Details

  • 1.86

HOA Fees

  • $653 Monthly HOA Fees

Interior Spaces

  • 930 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, electricity, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 203 Units
  • Amy Statton Association, Phone Number (773) 561-5975
  • Property managed by Sudler
  • 8-Story Property

Amenities

  • Doorman
  • Lobby

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,136

Year Built

Built in 1939 | Remodeled in 2021

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1939
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Electric Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Doorman, Drapes/Blinds, Granite Counters, Lobby
  • LivingArea: 930
  • Room Type: No additional rooms
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Dining Room Flooring: Wood Laminate
  • Kitchen Flooring: Ceramic Tile
  • Kitchen: Granite Counters,Updated Kitchen
  • Living Room Flooring: Wood Laminate
  • Master Bedroom Flooring: Wood Laminate
  • Master Bedroom Dimensions: 16X13
  • Family Room Flooring: Wood Laminate

Exterior Features

  • List Price: 139900
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 (Window/Wall Unit)
  • Heating: Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 653
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Amy Statton
  • Management Phone: 773-561-5975

Fee Information

  • Association Fee Includes: Heat, Water, Electricity, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2135.69
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 27, 2021
Sold by
Chai Time Investments Llc
Bought by
Robinson Tracy
Seller's Agent
Sarthak Grover
Real Properties Realty Group, Inc.
Buyer's Agent
Michael Peterson
Dream Town Real Estate
List Price
$149,900
Sold Price
$137,400
Premium/Discount to List
-$12,500
-8.34%
Current Estimated Value
$154,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,840
Avg. Annual Appreciation
3.42%
Original Mortgage
$123,660
Outstanding Balance
$113,846
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$43,495

Purchase Details

Listed on
Mar 27, 2021
Closed on
Apr 23, 2021
Sold by
Chae James
Bought by
Chai Time Investments Llc
Seller's Agent
Michael Kang
Coldwell Banker Realty
Buyer's Agent
Sarthak Grover
Real Properties Realty Group, Inc.
List Price
$93,500
Sold Price
$89,000
Premium/Discount to List
-$4,500
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
272.83%

Purchase Details

Closed on
Dec 14, 2005
Sold by
Yau Henry Kim Hing and Mo Wei Hsun
Bought by
Chae James
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
Robinson Tracy $137,500 Old Republic Title
Chai Time Investments Llc $89,000 Citywide Title Corporation
Chae James $157,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Tracy $123,660
Previous Owner Chae James $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $137,400 -8.3% $148 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $149,900 +68.4% $161 / Sq Ft
04/30/2021 04/30/21 Sold $89,000 -4.8% $96 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $93,500 -- $101 / 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 $1,604 $11,448 $3,264 $8,184
2023 $1,542 $10,920 $2,916 $8,004
2022 $1,542 $10,920 $2,916 $8,004
2021 $2,196 $10,919 $2,915 $8,004
2020 $2,149 $9,648 $1,823 $7,825
2019 $2,136 $10,630 $1,823 $8,807
2018 $2,100 $10,630 $1,823 $8,807
2017 $1,839 $8,545 $1,604 $6,941
2016 $1,711 $8,545 $1,604 $6,941
2015 $1,676 $9,148 $1,604 $7,544
2014 $1,744 $9,402 $1,239 $8,163
2013 $1,710 $9,402 $1,239 $8,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11112345

Midwest Real Estate Data (MRED)

APN: 14-08-407-022-1120