NOT LISTED FOR SALE

840 W Ainslie St Unit CC Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $141,000 - $155,000

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

Last Sold July 26, 2024

Last sale price $139,000 $278 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,145/month

14 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Dogs and Cats Allowed
  • 2-minute walk to Bill Hersh Playground
  • Baseboard Heating

About This Home

As of July 2024

Experience classic Chicago living in this updated 1-bedroom, 1-bathroom unit located on the high first floor of a well-maintained vintage courtyard building. The renovated kitchen is a highlight, featuring new Shaker cabinets, butcher block countertops, a newer stainless steel range and refrigerator, and a large single stainless steel sink. The stylish bathroom boasts new modern tile and an updated vanity. The unit also benefits from new thermopane windows and refinished hardwood floors ensuring a move-in ready experience. Residents will appreciate the building's amenities, including a large, modern laundry room and a fitness room just steps from the back door. Pet-friendly community conveniently located close to Lake Shore Drive, public transportation, schools, parks, and easy access to the best of the city.

Last Agent to Sell the Property

Lavinia Shimkus

City Habitat Realty LLC License #471012350 Listed on: 06/09/2024

Last Buyer's Agent

Brady Miller

Cadence Realty License #471022208

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 1928 | Remodeled in 2022

Lot Details

  • 0.32

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 500 Sq Ft Home
  • 3-Story Property
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

  • Mccutcheon Elementary School
  • Senn High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 82 Units
  • Kane Property Managment Association, Phone Number (847) 677-1200
  • Property managed by KANE PROPERTY MANAGMENT

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,045

Year Built

Built in 1928 | Remodeled in 2022

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: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 500
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished 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: 139900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Electric, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 245
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: KANE PROPERTY MANAGMENT
  • Management Contact Name: KANE PROPERTY MANAGMENT
  • Management Phone: 847-677-1200
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1045
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Jul 26, 2024
Sold by
Benton Jarietta Lenzay
Bought by
Bottger Eric R
Seller's Agent
Lavinia Shimkus
City Habitat Realty LLC
Buyer's Agent
Brady Miller
Cadence Realty
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%
Current Estimated Value
$148,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,513
Avg. Annual Appreciation
6.38%
Original Mortgage
$111,200
Outstanding Balance
$110,454
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$38,059

Purchase Details

Listed on
Sep 5, 2022
Closed on
Sep 29, 2022
Sold by
Bartz William M and Bartz Annette R
Bought by
Benton Jarietta Lenzay
Seller's Agent
Richard Kasper
Compass
Buyer's Agent
Nicholas Rendleman
Real Broker LLC
List Price
$125,000
Sold Price
$127,500
Premium/Discount to List
$2,500
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$121,125
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2011
Sold by
Bartz William M
Bought by
Bartz William M and Bartz Annette R
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
Bottger Eric R $139,000 None Listed On Document
Benton Jarietta Lenzay $127,500 Proper Title
Bartz William M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bottger Eric R $111,200
Previous Owner Benton Jarietta Lenzay $121,125
Previous Owner Ragsdale Sue $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $139,000 -0.6% $278 / Sq Ft
06/06/2024 06/06/24 For Sale $139,900 +9.7% $280 / Sq Ft
10/05/2022 10/05/22 Sold $127,500 +2.0% $255 / Sq Ft
09/05/2022 09/05/22 For Sale $125,000 -- $250 / 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 $1,094 $11,033 $1,465 $9,568
2023 $1,045 $8,500 $1,310 $7,190
2022 $1,045 $8,500 $1,310 $7,190
2021 $1,039 $8,499 $1,309 $7,190
2020 $959 $7,406 $818 $6,588
2019 $951 $8,163 $818 $7,345
2018 $934 $8,163 $818 $7,345
2017 $365 $5,071 $720 $4,351
2016 $516 $5,071 $720 $4,351
2015 $449 $5,071 $720 $4,351
2014 $541 $5,168 $556 $4,612
2013 $411 $3,957 $556 $3,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12077355

Midwest Real Estate Data (MRED)

APN: 14-08-413-044-1012