NOT LISTED FOR SALE

831 W Ainslie St Unit 2 Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $757,274 - $868,000

4 Beds
3 Baths
2,692 Sq Ft
$516/mo HOA Fee

Last Sold April 01, 2015

Last sale price $696,000 $259 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,035/month

23 Days on Market

Highlights

  • Heated Floors
  • Property is near a park
  • Heated Sun or Florida Room
  • Deck
  • Whirlpool Bathtub
  • 3-minute walk to Bill Hersh Playground

About This Home

As of April 2015

Sprawling 4 bedrooms/3 bath on entire 2nd floor of neighborhood jewel. It is all here. Elegant vintage details with modern amenity. Immense kitchen with tons of cabinet space, pantry, granite counters and high end appliances. Bathrooms with heated floors, body sprays, streamer, rain shower head. Wet bar. Light streams in from all 4 exposures. Front & back decks. 2 prkg spcs gar and outdoor. Next to park and lak

Last Agent to Sell the Property

James Kramer

Berkshire Hathaway HomeServices Chicago License #475127744 Listed on: 01/21/2015

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Lilianna Sekula-Lark

Compass License #475143862

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,752

Year Built

  • 1916

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $516 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Wet Bar
  • Entrance Foyer
  • Heated Sun or Florida Room
  • Storage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a park
  • Property is near a bus stop
  • City Lot

Utilities

  • SpacePak Central Air
  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,752

Year Built

1916

Lot Details

0

HOA Fees

$516 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • 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, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1916

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Heated Floors, 1st Floor Laundry, Storage
  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Ceiling Fan
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Foyer, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Sun/Florida Room Heated, Dimensions: 09X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 11X12, 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

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Deck
  • Exposure: N (North), S (South), E (East), W (West), City, Park

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Space Pac
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Scavenger
  • Assessment Association Fees: 516
  • Management Contact Name: Aurelio Lee
  • Management Phone: 847-731-0310

Fee Information

  • Management Company: Allan-Odis

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 14084170571004

Multi Family

  • Total Number Unitsin Building: 5
  • Number Stories: 2

Tax Info

  • Taxes: 9632.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
Mar 30, 2015
Sold by
Chung Daniel Y and Chung Chiara F
Bought by
Ehsani Kaveh and Moruzzi Norma Claire
Seller's Agent
James Kramer
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Lilianna Sekula-Lark
Compass
List Price
$709,000
Sold Price
$696,000
Premium/Discount to List
-$13,000
-1.83%
Total Days on Market
23
Current Estimated Value
$808,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,819
Avg. Annual Appreciation
1.40%
Original Mortgage
$417,000
Outstanding Balance
$323,325
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$478,693

Purchase Details

Closed on
May 9, 2006
Sold by
City Werks Development Llc
Bought by
Chung Daniel Y and Chung Chiara F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.25%
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 Buyer Sale Price Title Company
Ehsani Kaveh $696,000 American Land Title Assn
Chung Daniel Y $705,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehsani Kaveh $205,705
Closed Ehsani Kaveh $205,705
Closed Ehsani Kaveh $232,000
Closed Ehsani Kaveh $200,000
Open Ehsani Kaveh $417,000
Previous Owner Chung Daniel Y $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2015 04/01/15 Sold $696,000 -1.8% $259 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $709,000 -- $263 / 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 $11,752 $66,204 $16,348 $49,856
2023 $11,752 $60,556 $14,612 $45,944
2022 $11,752 $60,556 $14,612 $45,944
2021 $11,507 $60,555 $14,612 $45,943
2020 $11,518 $54,806 $9,132 $45,674
2019 $11,446 $60,402 $9,132 $51,270
2018 $12,880 $68,639 $9,132 $59,507
2017 $11,650 $57,491 $8,036 $49,455
2016 $11,015 $57,491 $8,036 $49,455
2015 $10,054 $57,491 $8,036 $49,455
2014 $9,838 $55,594 $6,210 $49,384
2013 $9,633 $55,594 $6,210 $49,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08821385

Midwest Real Estate Data (MRED)

APN: 14-08-417-057-1004