NOT LISTED FOR SALE

840 W Ainslie St Unit BC Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $98,000 - $137,000

1 Bed
1 Bath
600 Sq Ft
$245/mo HOA Fee

Last Sold April 06, 2023

Last sale price $75,000 $125 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,026/month

4 Days on Market

Highlights

  • Living Room
  • Baseboard Heating
  • 2-minute walk to Bill Hersh Playground
  • Dining Room

About This Home

As of April 2023

Attention all investors!!! Incredibly rare opportunity to add instant sweat equity to this spacious 1-bed, 1-bath in Uptown. Prime location just steps to the Park, Metra, and Montrose Beach!! Sold as-is. Cash or rehab loan only.

Last Agent to Sell the Property

Anthony Disano

Parkvue Realty Corporation License #471010606 Listed on: 02/16/2023

Co-Listed By

Bill Volpe

Parkvue Realty Corporation

Last Buyer's Agent

Nicole Flores

Baird & Warner License #471016468

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1928

Lot Details

  • 0.32

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 600 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

Overview

  • Association fees include exercise facilities, scavenger
  • 82 Units
  • Patrick Kane Association, Phone Number (773) 472-2300
  • Property managed by Kane Property Management

Pet Policy

  • Pets Allowed
  • Pet Deposit Required

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,341

Year Built

Built in 1928

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 600
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 55000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Deposit Required
  • Association Fee: 245
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Kane Property Management
  • Management Contact Name: Patrick Kane
  • Management Phone: 773-472-2300X300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exercise Facilities, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1341.01
  • Tax Year: 2021

Multi Family

  • Units in Building: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 16, 2023
Sold by
Dunham Joyce
Bought by
Bezuyevskiy Vlad
Seller's Agent
Anthony Disano
Parkvue Realty Corporation
Buyer's Agent
Nicole Flores
Baird & Warner
List Price
$55,000
Sold Price
$75,000
Premium/Discount to List
$20,000
36.36%
Views
73
Current Estimated Value
$121,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,652
Avg. Annual Appreciation
25.77%
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
Bezuyevskiy Vlad $70,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $75,000 +36.4% $125 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $55,000 -- $92 / 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 $1,410 $13,891 $1,845 $12,046
2023 $1,353 $10,000 $1,649 $8,351
2022 $1,353 $10,000 $1,649 $8,351
2021 $1,341 $9,999 $1,648 $8,351
2020 $1,386 $9,324 $1,030 $8,294
2019 $1,376 $10,277 $1,030 $9,247
2018 $1,351 $10,277 $1,030 $9,247
2017 $648 $6,384 $906 $5,478
2016 $779 $6,384 $906 $5,478
2015 $689 $6,384 $906 $5,478
2014 $790 $6,507 $700 $5,807
2013 $597 $4,982 $700 $4,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11719814

Midwest Real Estate Data (MRED)

APN: 14-08-413-044-1007