NOT LISTED FOR SALE

837 W Ainslie St Unit 2E Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $486,000 - $534,000

3 Beds
2.5 Baths
1,650 Sq Ft
$309/mo HOA Fee

Last Sold June 14, 2024

Last sale price $485,000 $294 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,578/month

3 Days on Market

Highlights

  • Deck
  • Heated Sun or Florida Room
  • Storage
  • Wood Flooring
  • Intercom
  • 3-minute walk to Buttercup Park

About This Home

As of June 2024

The best value in Margate Park! This spacious classic vintage is a 3BR, 2.5 bth in a most desired location. Situated on a beautiful tree lined street, you are steps from public transportation, the lake front and dog parks and an easy walk to the restaurants in Uptown. The original vintage floor plan has been reconfigured to suit todays' lifestyle. A large kitchen and peninsula open to the living/dining area and sunroom creating a generous area for entertaining and with 3 exposures, is bathed in natural light. All 3 bedrooms are well proportioned. Both the primary and the 2nd bedroom are en suite with large walk in closets. The 3rd bedroom and half bath are off the living area serving as an office and guest/powder room. The home has a full size washer/ dryer plus additional storage not usually found in vintage homes. A large, private, secure deck is off the primary bedroom but can also be accessed from the hallway. DEEDED PARKING IS INCLUDED in the price. Accessed from the side of the building (no alley). An additional storage locker is located on the first floor of the building along with bike storage. Strong HOA. Building is 100% owner occupied.

Last Agent to Sell the Property

Marilyn Lissner

@properties Christie's International Real Estate License #475135436 Listed on: 05/02/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Dan Delaney

Dwell Chicago Inc License #471012939

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 1914

Lot Details

  • 6,578

HOA Fees

  • $309 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,650 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Heated Sun or Florida Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck

Schools

  • Mccutcheon Elementary School
  • Senn High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, snow removal
  • 8 Units
  • Mid-Rise Condominium
  • Margate Park Subdivision

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,467

Year Built

Built in 1914

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Subdivision Name: Margate Park
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

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: 1650
  • Other Equipment: Humidifier, Intercom, Ceiling Fan(s)
  • Room Type: Sun Room, Heated Sun Room
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • 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: Concrete Perimeter
  • List Price: 475000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned, Visitor Parking
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 309
  • Association Amenities: Bike Room/Bike Trails
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Mccutcheon Elementary School
  • High School: Senn High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5466.76
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
May 30, 2024
Sold by
Zabel Roberta and Zabel Douglas
Bought by
Amlung Timothy and Amlung Amy
Seller's Agent
Marilyn Lissner
@properties Christie's International Real Estate
Buyer's Agent
Dan Delaney
Dwell Chicago Inc
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Views
27
Current Estimated Value
$513,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,842
Avg. Annual Appreciation
1.56%
Original Mortgage
$436,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 7, 2023
Sold by
Wathen Bradley G and Wathen Maria V
Bought by
Zabel Roberta and Zabel Douglas
Seller's Agent
Robert Picciariello
Prello Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.76%

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jul 2, 2016
Sold by
Burnham Jeremy E and Dever Danielle S
Bought by
Wathen Bradley and Wathen Maria
Seller's Agent
Mike Checuga
RE/MAX PREMIER
Buyer's Agent
Arianna Soloway
Dream Town Real Estate
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$210,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2007
Sold by
Mathews Peter B and Meyer Kimberly
Bought by
Burnham Jeremy E and Dever Danielle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
6.72%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Amlung Timothy $485,000 Proper Title
Zabel Roberta $440,000 National Title
Wathen Bradley $330,000 Greater Illinois Title
Burnham Jeremy E $382,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amlung Timothy $436,500
Previous Owner Wathen Bradley $210,000
Previous Owner Dever Danielle S $305,000
Previous Owner Burnham Jeremy E $305,600
Previous Owner Matthews Peter B $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $485,000 +2.1% $294 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $475,000 +8.0% $288 / Sq Ft
11/30/2023 11/30/23 Sold $440,000 -2.2% $267 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $450,000 +36.4% $273 / Sq Ft
07/08/2016 07/08/16 Sold $330,000 -5.7% $200 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $350,000 -- $212 / 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 $5,630 $41,909 $8,464 $33,445
2023 $5,467 $30,000 $7,565 $22,435
2022 $5,467 $30,000 $7,565 $22,435
2021 $5,363 $29,999 $7,565 $22,434
2020 $6,369 $31,694 $4,728 $26,966
2019 $5,679 $31,694 $4,728 $26,966
2018 $5,582 $31,694 $4,728 $26,966
2017 $4,880 $22,669 $4,160 $18,509
2016 $4,040 $22,669 $4,160 $18,509
2015 $3,673 $22,669 $4,160 $18,509
2014 $3,499 $21,428 $3,215 $18,213
2013 $3,419 $21,428 $3,215 $18,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12044482

Midwest Real Estate Data (MRED)

APN: 14-08-417-056-1003