$177,500
SOLD NOV 8, 2024

5052 N Marine Dr Unit D6 Chicago, IL 60640

Margate Park Neighborhood
2 Beds
1 Bath
750 Sq Ft
$798/mo HOA Fee

Recently Sold

$237 Per Sq Ft

1% Below List Price

17 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Family Room
  • Laundry Room
  • Heating System Uses Steam
  • 2-minute walk to Bill Hersh Playground

About This Home

As of November 2024

Welcome to your bright and spacious 2-bedroom, 1-bathroom condo in the historic MDA building, just steps from Lake Shore Drive and Foster Beach! This newly renovated unit offers one of the larger layouts, including a generous living room and a separate dining area that's perfect for hosting, working from home, or using as a den. The ample-sized bedrooms provides plenty of closet space, and the bathroom has been newly updated. The MDA building is full of amenities! Enjoy a doorman, fitness center, party/common room, on-site management, bike storage, and an additional storage locker. Relax in the beautifully landscaped courtyard with its Art Deco fountain, where you can read, unwind, or participate in community events like coffee mornings, happy hours, yoga sessions, gardening days, and building-wide holiday parties. Located just minutes from express buses (146, 147, & 136), the Argyle Red Line, Lake Shore Drive, beaches, and tons of shopping and dining options, this condo offers both convenience and charm. Move in and start enjoying everything Uptown has to offer!

Last Agent to Sell the Property

Henry Torn

ListWithFreedom.com License #471018202 Listed on: 09/13/2024

Last Buyer's Agent

Jacob Tasharski

Compass License #475155206

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 1939

HOA Fees

  • $798 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Goudy Elementary School
  • Peirce Elementary School Intl St Middle School
  • Senn High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Radiant Heating System

Community Details

Overview

  • Association fees include water, gas
  • 203 Units

Pet Policy

  • Pets up to 99 lbs
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,246

Year Built

Built in 1939

Lot Details

0

HOA Fees

$798 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • 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): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 750
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 750
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 750
  • Total Sq Ft: 750
  • Main Level Sq Ft: 750

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 179900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam, Radiant

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 798
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Other

Schools

  • Elementary School: Goudy Elementary School
  • High School: Senn High School
  • Middle/Junior School: Peirce Elementary School Intl St
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 850
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 2246
  • Tax Year: 2022

Multi Family

  • Units in Building: 203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Nov 7, 2024
Sold by
Marine Drive Condos Llc
Bought by
Gonzalez Andres
Seller's Agent
Henry Torn
ListWithFreedom.com
Buyer's Agent
Jacob Tasharski
Compass
List Price
$180,000
Sold Price
$177,500
Premium/Discount to List
-$2,500
-1.39%
Views
40
Current Estimated Value
$179,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,105
Avg. Annual Appreciation
1.41%
Original Mortgage
$159,750
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2024
Sold by
Trust Number 3965 and Parkway Bank And Trust Company
Bought by
Marine Drive Condos Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,625
Interest Rate
7.03%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $177,500 None Listed On Document
Deed $92,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $159,750 New Conventional
Previous Owner $102,625 Construction
Previous Owner $104,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $177,500 -1.3% $237 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $179,900 -0.1% $240 / Sq Ft
09/13/2024 09/13/24 For Sale $180,000 -- $240 / 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 $2,304 $11,687 $3,332 $8,355
2023 $2,246 $10,920 $2,977 $7,943
2022 $2,246 $10,920 $2,977 $7,943
2021 $2,196 $10,919 $2,976 $7,943
2020 $2,194 $9,850 $1,861 $7,989
2019 $2,180 $10,852 $1,861 $8,991
2018 $2,144 $10,852 $1,861 $8,991
2017 $1,878 $8,724 $1,638 $7,086
2016 $1,747 $8,724 $1,638 $7,086
2015 $1,712 $9,340 $1,638 $7,702
2014 $1,781 $9,598 $1,265 $8,333
2013 $1,746 $9,598 $1,265 $8,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12164046

Midwest Real Estate Data (MRED)

APN: 14-08-407-022-1128