831 W Ainslie St Unit GF Chicago, IL 60640
Margate Park NeighborhoodEstimated Value: $253,000 - $303,000
2
Beds
1
Bath
875
Sq Ft
$261/mo
HOA Fee
Highlights
- Wood Flooring
- Built-In Features
- Laundry Room
- Main Floor Bedroom
- Soaking Tub
- 3-minute walk to Bill Hersh Playground
About This Home
As of June 2023Bright and Spacious Garden-Level Condo in Margate Park! A private entrance opens to the great room featuring neutral paint, hardwood flooring, can lighting, lighted ceiling fan, built-in glass shelving and vinyl blinds. A multisided fireplace opens to the kitchen area which sparkles with white cabinetry, breakfast bar island, gas range, space saver microwave and dishwasher. A stacked laundry closet finishes off the open space. The master suite features exposed brick walls, neutral paint, lighted ceiling fan and plantation shutters. The bath boast ceramic tile surround soaker tub/shower and a vanity with drawer and cabinet storage! A second bedroom completes the unit. Parking is included in the unit pricing. Minutes to Mariano's, Target, restaurants, cafes, bus stop and the red line and it's blocks to the lake shore!!!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,680
Year Built
- Built in 1916
Lot Details
- 6,752
HOA Fees
- $261 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 875 Sq Ft Home
- 4-Story Property
- Built-In Features
- Double Sided Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Porcelain Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 1 Full Bathroom
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Parking Space
- Driveway
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger
- 5 Units
- Aurelio Lee Association, Phone Number (847) 599-0208
- Margate Park Subdivision
- Property managed by Allan-Oddis
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2023
Closed on
May 20, 2023
Sold by
Stearns Patrick and Stearns Joan
Bought by
Otto Bridget N
Seller's Agent
Steve Rollins
Compass
Buyer's Agent
Michael Watson
Coldwell Banker Realty
List Price
$245,000
Sold Price
$246,000
Premium/Discount to List
$1,000
0.41%
Total Days on Market
13
Views
58
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
$41,855
Avg. Annual Appreciation
8.17%
Original Mortgage
$221,400
Outstanding Balance
$216,408
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$71,447
Purchase Details
Closed on
Oct 3, 2007
Sold by
Dean Heidi
Bought by
Stearns Patrick J and Stearns Joan T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,400
Interest Rate
6.55%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 1, 2005
Sold by
City Werks Development Llc
Bought by
Muller John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,725
Interest Rate
6%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 11, 2004
Sold by
Max Properties Llc
Bought by
City Werks Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,364,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Chicago, IL
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 |
|---|---|---|---|
| Otto Bridget N | $246,000 | None Listed On Document | |
| Stearns Patrick J | $260,500 | Chicago Title Insurance Co | |
| Muller John | $271,500 | Chicago Title Insurance Comp | |
| City Werks Development Llc | $1,364,500 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Otto Bridget N | $221,400 | |
| Previous Owner | Stearns Patrick J | $366,880 | |
| Previous Owner | Stearns Patrick J | $199,660 | |
| Previous Owner | Stearns Emily | $208,500 | |
| Previous Owner | Stearns Patrick J | $208,400 | |
| Previous Owner | Muller John A | $40,725 | |
| Previous Owner | Muller John | $217,200 | |
| Previous Owner | City Werks Development Llc | $1,364,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2023 06/01/23 | Sold | $246,000 | +0.4% | $281 / Sq Ft |
| 03/06/2023 03/06/23 | Pending | -- | -- | -- |
| 02/20/2023 02/20/23 | For Sale | $245,000 | 0.0% | $280 / Sq Ft |
| 11/24/2021 11/24/21 | Rented | -- | -- | -- |
| 11/11/2021 11/11/21 | For Rent | $1,700 | 0.0% | -- |
| 07/11/2018 07/11/18 | Rented | $1,700 | 0.0% | -- |
| 07/06/2018 07/06/18 | For Rent | $1,700 | -- | -- |
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 | $4,787 | $25,446 | $6,283 | $19,163 |
| 2023 | $4,787 | $23,275 | $5,616 | $17,659 |
| 2022 | $4,787 | $23,275 | $5,616 | $17,659 |
| 2021 | $4,680 | $23,274 | $5,616 | $17,658 |
| 2020 | $4,693 | $21,065 | $3,510 | $17,555 |
| 2019 | $4,664 | $23,216 | $3,510 | $19,706 |
| 2018 | $5,211 | $26,382 | $3,510 | $22,872 |
| 2017 | $4,030 | $22,097 | $3,089 | $19,008 |
| 2016 | $3,926 | $22,097 | $3,089 | $19,008 |
| 2015 | $3,569 | $22,097 | $3,089 | $19,008 |
| 2014 | $3,488 | $21,367 | $2,386 | $18,981 |
| 2013 | $3,408 | $21,367 | $2,386 | $18,981 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Rollins
Seller's Agent in 2023
Steve Rollins
Compass
(847) 308-3161
1 in this area
144 Total Sales
-
Michael Watson
M
Buyer's Agent in 2023
Michael Watson
Coldwell Banker Realty
(312) 266-7000
1 in this area
18 Total Sales
-
Sara McCarthy
Seller's Agent in 2021
Sara McCarthy
Keller Williams ONEChicago
(312) 961-4872
6 in this area
333 Total Sales
-
Julie Dorger
Seller Co-Listing Agent in 2021
Julie Dorger
Keller Williams ONEChicago
(773) 294-7776
1 in this area
161 Total Sales
-
Jessica Smith
Buyer's Agent in 2021
Jessica Smith
Compass
(989) 450-8448
43 Total Sales
-
Melanie Carlson
Seller's Agent in 2018
Melanie Carlson
@ Properties
(630) 885-2209
169 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11722201
APN: 14-08-417-057-1001
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