5056 N Marine Dr Unit 1C Chicago, IL 60640
Margate Park NeighborhoodEstimated payment $1,229/month
Total Views
283
1
Bed
1
Bath
550
Sq Ft
$218
Price per Sq Ft
Highlights
- Very Popular Property
- Fitness Center
- Elevator
- Doorman
- Lock-and-Leave Community
- 2-minute walk to Bill Hersh Playground
About This Home
Unlock the potential of this spacious 1-bedroom, 1-bath condo located in one of Chicago's most iconic Art Deco buildings, The MDA. Recognized on architecture tours, this landmark property blends timeless elegance with an unbeatable location. Set on the serene, tree-lined Winona Street and tucked right between Lincoln Park and Margate Park, you're just steps from Lake Michigan and the beach, making it easy to enjoy morning jogs or evening strolls by the water. The lush courtyard, complete with a classic fountain, sets the tone for a community-oriented lifestyle, whether you're attending live jazz performances from local musicians or simply unwinding with neighbors over a glass of wine. Perfect for buyers looking to customize their space, this condo is ready for your renovation vision. With Mariano's, express bus routes (147 & 146), the Argyle Red Line, and Lake Shore Drive all nearby, convenience meets culture in vibrant Uptown. Bring your creativity and make this historic gem your own! Monthly assessment: $710.06 ($533.94 base, $122 Reserve Assessment ends 4/30/29, $54.12 Cable & Internet) * Electric is charged back based on Usage * 2023 taxes $690.27 with homeowner exemption.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $690
Year Built
- Built in 1939
HOA Fees
- $534 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 550 Sq Ft Home
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 203 Units
- Darci Kavanagh Association, Phone Number (773) 561-5975
- Property managed by Sudler
- Lock-and-Leave Community
- 8-Story Property
Amenities
- Doorman
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Park
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
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Home Values in the Area
Average Home Value in this Area
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 | $291 | $10,010 | $2,854 | $7,156 |
| 2023 | $291 | $9,240 | $2,550 | $6,690 |
| 2022 | $291 | $9,240 | $2,550 | $6,690 |
| 2021 | $277 | $9,239 | $2,549 | $6,690 |
| 2020 | $286 | $8,436 | $1,594 | $6,842 |
| 2019 | $285 | $9,295 | $1,594 | $7,701 |
| 2018 | $281 | $9,295 | $1,594 | $7,701 |
| 2017 | $155 | $7,472 | $1,403 | $6,069 |
| 2016 | $639 | $7,472 | $1,403 | $6,069 |
| 2015 | $642 | $7,999 | $1,403 | $6,596 |
| 2014 | $673 | $8,221 | $1,084 | $7,137 |
| 2013 | $675 | $8,221 | $1,084 | $7,137 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $120,000 | -- | $218 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $127,000 | First American Title Ins Co | |
| Warranty Deed | $83,500 | Rtc | |
| Warranty Deed | $7,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $101,600 | Fannie Mae Freddie Mac | |
| Closed | $12,650 | Stand Alone Second | |
| Previous Owner | $79,300 | Unknown |
Source: Public Records
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12373989
APN: 14-08-407-022-1138
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