Landlord's Agent in 2022
Johnny Phan
Baird & Warner
(773) 852-9261
152 Total Sales
5056 N Marine Dr Unit B3 Chicago, IL 60640
Margate Park NeighborhoodEstimated Value: $124,000 - $142,072
1
Bed
1
Bath
800
Sq Ft
1.86
Acres
Highlights
- Doorman
- Fitness Center
- Property is near a park
- Water Views
- Landscaped Professionally
- 2-minute walk to Bill Hersh Playground
About This Home
As of April 2022Come live at the historic MDA, one of Chicago's most well-preserved Art Deco buildings in Uptown's Margate Park! This sunny unit features a galley kitchen with cutout window, combo living/dining room, a den suitable for office or guests, one king-sized bedroom, and ample closet space. Enjoy modern updates throughout: newly renovated kitchen with custom cabinetry, newly installed hardwood flooring, newly renovated bathroom, and new A/C units in the bedroom and living room. The windows look out onto treelined street and offer views of Lincoln Park and Lake Michigan. The building offers parking, on-site management, 24-hour doorman, fitness center, card system laundry, storage, bike room, package pick-up, party room, and more. The building sits on beautifully landscaped grounds and features a private courtyard with water fountain and multiple seating areas. The Margate Park area has all you desire, with its proximity to Argyle street restaurants, Foster & Hollywood Beach, Andersonville, and Bryn Mawr historic district. Easy access to Lake Shore Drive, Red Line (equidistant to Berwyn & Argyle stations), and express buses.
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $2,304
Year Built
- Built in 1939
Lot Details
- 1.86
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 800 Sq Ft Home
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Den
- Storage
- Wood Flooring
- Water Views
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Soaking Tub
Parking
- 1 Parking Space
- Leased Parking
- Circular Driveway
- Uncovered Parking
- Off-Street Parking
- Assigned Parking
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Radiator
- Heating System Uses Steam
- Lake Michigan Water
Additional Features
- Courtyard
- Landscaped Professionally
- Property is near a park
Listing and Financial Details
- Security Deposit $1,350
- Property Available on 2/22/22
- Rent includes cable TV, heat, water, internet, wi-fi
Community Details
Overview
- 203 Units
- Amy Statton Association, Phone Number (773) 561-5975
- High-Rise Condominium
- Property managed by Sudler Chicago
- 8-Story Property
Amenities
- Doorman
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2018
Closed on
Aug 23, 2018
Sold by
Ross John W and Ross Leslie C
Bought by
Henrick David C and Henrick Anne
Seller's Agent
John Gault
Baird & Warner
Buyer's Agent
Andy Ong
Kale Realty
List Price
$92,500
Sold Price
$83,500
Premium/Discount to List
-$9,000
-9.73%
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
$50,268
Avg. Annual Appreciation
6.75%
Purchase Details
Closed on
Nov 12, 1997
Sold by
Cochran Richard M
Bought by
Ross John W and Ross Leslie C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.38%
Purchase Details
Closed on
Oct 30, 1995
Sold by
Lasalle National Trust Na
Bought by
Cochran Richard M
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Henrick David C | $83,500 | Proper Title Llc | |
| Ross John W | $37,500 | -- | |
| Cochran Richard M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ross John W | $21,640 | |
| Previous Owner | Ross John W | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2022 04/18/22 | Rented | $1,350 | 0.0% | -- |
| 04/08/2022 04/08/22 | Off Market | $1,350 | -- | -- |
| 02/28/2022 02/28/22 | For Rent | $1,350 | 0.0% | -- |
| 08/30/2018 08/30/18 | Sold | $83,500 | -9.7% | $104 / Sq Ft |
| 07/29/2018 07/29/18 | Pending | -- | -- | -- |
| 07/12/2018 07/12/18 | For Sale | $92,500 | +5.7% | $116 / Sq Ft |
| 07/12/2018 07/12/18 | Price Changed | $87,500 | -5.4% | $109 / Sq Ft |
| 07/06/2018 07/06/18 | Pending | -- | -- | -- |
| 06/21/2018 06/21/18 | For Sale | $92,500 | -- | $116 / Sq Ft |
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 | $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
-
Johnny Phan
-
Iris Perea
Tenant's Agent in 2022
Iris Perea
Baird & Warner
(847) 477-6767
51 Total Sales
-
John Gault
Seller's Agent in 2018
John Gault
Baird & Warner
(312) 462-3733
8 in this area
85 Total Sales
-
A
Buyer's Agent in 2018
Andy Ong
Kale Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11334633
APN: 14-08-407-022-1145
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