NOT LISTED FOR SALE

837 W Ainslie St Unit 1E Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $394,000 - $560,000

3 Beds
2.5 Baths
1,800 Sq Ft
$296/mo HOA Fee

Last Sold January 27, 2023

Last sale price $415,000 $231 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,465/month

67 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Storage
  • Wood Flooring
  • Walk-In Closet
  • 3-minute walk to Buttercup Park

About This Home

As of January 2023

Very spacious Margate Park three bedroom condo with two full ensuite bathrooms plus a powder room! Amazing location close to the lake, park, and transportation. Condo features in-unit washer/dryer, central air conditioning and a large private deck. The deck faces beautiful Castlewood street and is not accessible from the other units (back stairway behind locked door). Deck is accessible from the primary bedroom suite as well as the main hallway of the unit. Desirable layout with Living Room/Dining Room open to the kitchen, gas fireplace, hardwood floors, separate sun room with wrap around window seating and park views, kitchen with plentiful cabinets, counter space and breakfast bar. Incredible storage - hallway lined with closets plus bedroom walk-in-closets and additional storage in the basement. This is NOT a garden unit - high first floor unit. Great opportunity to make it your own with cosmetic updates! Loan 2/1 Buydown program available to reduce buyer's interest rate for the first two years. Rental parking options in the neighborhood.

Last Listed By

Karen McKeon

@properties Christie's International Real Estate License #475132181 Listed on: 10/14/2022

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,341

Year Built

  • Built in 1911

Lot Details

  • 6,578

HOA Fees

  • $296 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Margate Park Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,341

Year Built

Built in 1911

Lot Details

0

HOA Fees

$296 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage
  • Subdivision Name: Margate Park
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1800
  • Room Type: Deck, Sun Room, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Brick/Mortar
  • List Price: 430000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 296
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: HOA
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 7340.93
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Jan 27, 2023
Sold by
Gutierrez Efrain
Bought by
Fiess Kathleen B and Opdycke John B
Seller's Agent
Karen McKeon
@properties Christie's International Real Estate
Buyer's Agent
Linette Thompson
Dream Town Real Estate
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%
Total Days on Market
67
Views
17
Current Estimated Value
$474,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,384
Avg. Annual Appreciation
4.17%
Original Mortgage
$240,000
Outstanding Balance
$227,551
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$229,045

Purchase Details

Listed on
Apr 2, 2016
Closed on
Jul 21, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Gutierrez Efrain
Seller's Agent
Arthur Cirignani
Chicago Realty Partners, Ltd
Buyer's Agent
Karen McKeon
@properties Christie's International Real Estate
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$183,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2006
Sold by
Gerstner Edna J
Bought by
Chicago Title Land Trust Co and Trust #8002345913

Purchase Details

Closed on
Jul 19, 2005
Sold by
Northside Community Bank
Bought by
Gerstner Edna J

Range of Values:

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Average Value
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Sold Price
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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
Fiess Kathleen B $415,000 None Listed On Document
Gutierrez Efrain $245,000 Chicago Title
Chicago Title Land Trust Co -- None Available
Gerstner Edna J $340,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiess Kathleen B $240,000
Previous Owner Gutierrez Efrain $183,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $415,000 -3.5% $231 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $430,000 +75.5% $239 / Sq Ft
07/21/2016 07/21/16 Sold $245,000 -5.4% $158 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
05/26/2016 05/26/16 Price Changed $259,000 -7.5% $167 / Sq Ft
04/22/2016 04/22/16 Price Changed $279,900 -6.7% $181 / Sq Ft
04/02/2016 04/02/16 For Sale $299,900 -- $193 / 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 $6,170 $41,909 $8,464 $33,445
2023 $6,170 $30,000 $7,565 $22,435
2022 $6,170 $30,000 $7,565 $22,435
2021 $6,033 $29,999 $7,565 $22,434
2020 $7,341 $32,953 $4,728 $28,225
2019 $6,791 $33,803 $4,728 $29,075
2018 $6,677 $33,803 $4,728 $29,075
2017 $4,880 $22,669 $4,160 $18,509
2016 $4,540 $22,669 $4,160 $18,509
2015 $4,154 $22,669 $4,160 $18,509
2014 $4,391 $23,665 $3,215 $20,450
2013 $4,304 $23,665 $3,215 $20,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11653098

Midwest Real Estate Data (MRED)

APN: 14-08-417-056-1002