$147,000
SOLD MAR 20, 2025

5056 N Marine Dr Unit 3C Chicago, IL 60640

Margate Park Neighborhood
2 Beds
1 Bath
760 Sq Ft
$800/mo HOA Fee

Recently Sold

$193 Per Sq Ft

1% Below List Price

25 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 March 2025

Updated 2-bedroom, 1-bathroom condo in the historic MDA building is an excellent choice for those seeking a spacious and newly updated living space. The unit features a large living room. The bedrooms are generously sized with lots of closet space.. The MDA building offers a range of amenities, including a doorman, fitness center, party/common room, on-site management, bike storage, and additional storage lockers. Residents can enjoy the landscaped courtyard with an Art Deco fountain. Conveniently located near express buses, the Argyle Red Line, Lake Shore Drive, and various shopping and dining options, this condo provides both comfort and accessibility. If you have any further questions or need additional information, feel free to ask!

Last Agent to Sell the Property

Robert Los

Century 21 Langos & Christian License #475211456 Listed on: 01/02/2025

Century 21 Langos & Christian

Last Buyer's Agent

Daisy Mazariegos

Compass License #475192172

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1939

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 760 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • 203 Units
  • 5-Story Property

Amenities

  • Laundry Facilities

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,304

Year Built

Built in 1939

Lot Details

0

HOA Fees

$800 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: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 760
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 147999
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 800
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 0
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2303.8
  • Tax Year: 2023

Multi Family

  • Units in Building: 203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Mar 11, 2025
Sold by
Chicago Star Development Llc
Bought by
Gruener Rebekah and Blissett Kyran
Seller's Agent
Robert Los
Century 21 Langos & Christian
Buyer's Agent
Daisy Mazariegos
Compass
List Price
$147,999
Sold Price
$147,000
Premium/Discount to List
-$999
-0.68%
Views
102
Current Estimated Value
$152,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,417
Avg. Annual Appreciation
4.98%
Original Mortgage
$5,000
Outstanding Balance
$4,225
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$146,169

Purchase Details

Closed on
Jul 22, 2024
Sold by
Judicial Sales Corporation
Bought by
Chicago Star Development Llc

Purchase Details

Closed on
Dec 6, 2010
Sold by
Guerrero Rose M
Bought by
Guerrero Rose M and Rose M Guerrero Revocable Trust

Purchase Details

Closed on
Jan 27, 1998
Sold by
Guerrero Rose M
Bought by
Guerrero Rose M and Rose M Guerrero Revocable Trust
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 $147,000 Fidelity National Title
Trustee Deed $89,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000 New Conventional
Open $139,650 New Conventional
Previous Owner $96,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $147,000 -0.7% $193 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $147,999 -- $195 / 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 $11,207 $3,195 $8,012
2023 $2,246 $10,920 $2,854 $8,066
2022 $2,246 $10,920 $2,854 $8,066
2021 $2,196 $10,919 $2,854 $8,065
2020 $2,104 $9,444 $1,784 $7,660
2019 $2,090 $10,405 $1,784 $8,621
2018 $2,055 $10,405 $1,784 $8,621
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 $1,708 $9,203 $1,213 $7,990
2013 $1,674 $9,203 $1,213 $7,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12263135

Midwest Real Estate Data (MRED)

APN: 14-08-407-022-1146