$775,000
SOLD JUL 16, 2015

831 W Ainslie St Unit 1 Chicago, IL 60640

Margate Park Neighborhood
4 Beds
3 Baths
2,692 Sq Ft
$577/mo HOA Fee

Recently Sold

$288 Per Sq Ft

6% Below List Price

23 Days on Market

Highlights

  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Heated Sun or Florida Room
  • Wood Flooring
  • Bonus Room
  • 3-minute walk to Bill Hersh Playground

About This Home

As of November 2023

Stunning full floor condo that feels like a single family home. Incredibly well restored with arched ceilings, custom molding, h/w floors & imported french stove. Huge 700 sqft terrace plus front deck. High first floor with four exposures make this a sunny, gracious space. In unit w/d, top of the line baths, details are superb. Steps to park and lake. One garage spot and one exterior spot included!

Last Agent to Sell the Property

Perrine Knight

Baird & Warner License #475123804 Listed on: 05/23/2015

Baird & Warner

Last Buyer's Agent

Kevin Tatum

@properties Christie's International Real Estate License #475113621

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,637

Year Built

  • 1916

HOA Fees

  • $577 per month

Parking

  • Detached Garage
  • Parking Available
  • Garage Door Opener
  • Side Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Garage Is Owned
  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Bonus Room
  • Heated Sun or Florida Room
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Utilities

  • SpacePak Central Air
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,637

Year Built

1916

Lot Details

0

HOA Fees

$577 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 1916
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1916

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 9
  • Living Room: Dimensions: 20X18, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X15, On Level: Main Level, Flooring: Slate
  • Additional Rooms: Bonus, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Bonus, Dimensions: 1X13, On Level: Main Level, Flooring: Slate
  • Additional Room 2 Name: Sun/Florida Room Heated, Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X15, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2692

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage, Space/s
  • Parking Details: Assigned Spaces, Off Street, Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt, Side Drive
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Space Pac
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 99
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 577
  • Management Contact Name: Don Flayton
  • Management Phone: 847-733-2222

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Parcel Identification Number: 14084170571003

Multi Family

  • Total Number Unitsin Building: 5
  • Number Stories: 4

Tax Info

  • Taxes: 10474.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Nov 8, 2023
Sold by
Tranmer Patrick A and Tranmer Daniel P
Bought by
Baltz Timothee J and Sullivan Lillian C
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Janis Northon
@properties Christie's International Real Estate
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%
Total Days on Market
23
Views
32
Current Estimated Value
$870,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,934
Avg. Annual Appreciation
2.77%
Original Mortgage
$501,000
Outstanding Balance
$494,353
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$376,581

Purchase Details

Listed on
May 23, 2015
Closed on
Jul 16, 2015
Sold by
Donald Flayton Trust
Bought by
Tranmer Patrick A and Ryan Daniel P
Seller's Agent
Perrine Knight
Baird & Warner
Buyer's Agent
Kevin Tatum
@properties Christie's International Real Estate
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Nov 15, 2005
Sold by
City Werks Development Llc
Bought by
Donald Flayton Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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 $835,000 Proper Title
Warranty Deed $775,000 None Available
Warranty Deed $730,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $501,000 New Conventional
Previous Owner $500,000 Fannie Mae Freddie Mac
Previous Owner $455,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $835,000 -1.6% $310 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $849,000 +9.5% $315 / Sq Ft
07/16/2015 07/16/15 Sold $775,000 -3.0% $288 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
06/08/2015 06/08/15 Price Changed $799,000 -3.2% $297 / Sq Ft
05/23/2015 05/23/15 For Sale $825,000 -- $306 / 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 $11,637 $68,583 $16,935 $51,648
2023 $11,637 $62,734 $15,138 $47,596
2022 $11,637 $62,734 $15,138 $47,596
2021 $11,410 $62,733 $15,137 $47,596
2020 $11,404 $56,777 $9,461 $47,316
2019 $11,332 $62,574 $9,461 $53,113
2018 $12,825 $71,107 $9,461 $61,646
2017 $12,821 $59,558 $8,325 $51,233
2016 $11,929 $59,558 $8,325 $51,233
2015 $10,914 $59,558 $8,325 $51,233
2014 $10,686 $57,592 $6,433 $51,159
2013 $10,475 $57,592 $6,433 $51,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08931657

Midwest Real Estate Data (MRED)

APN: 14-08-417-057-1003