NOT LISTED FOR SALE

840 W Ainslie St Unit D1 Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $132,000 - $163,000

1 Bed
1 Bath
650 Sq Ft
$202/mo HOA Fee

Last Sold April 19, 2024

Last sale price $121,000 $186 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,124/month

Highlights

  • Fitness Center
  • Combination Dining and Living Room
  • Coin Laundry
  • Soaking Tub
  • Baseboard Heating
  • 2-minute walk to Bill Hersh Playground

About This Home

As of April 2024

Welcome to your charming abode just moments from the lakefront in the heart of Uptown! Nestled within a picturesque vintage courtyard building, this delightful 1 bedroom condo offers the perfect blend of comfort and style. Hardwood floors flow seamlessly throughout the unit, and brand new oversized windows drench the space in natural light. The generously sized bedroom easily accommodates a queen bed. The kitchen boasts newer cabinets and appliances, and the bathroom features an updated vanity and mirror. As a pet-friendly and investor-friendly building, this turnkey property presents a myriad of opportunities. With low taxes and assessments, it's an ideal starter home or investment property. Residents of this building enjoy access to a range of amenities, including a fitness center, bike storage, and laundry center. Conveniently located just moments from Montrose Beach and Harbor, Argyle CTA, and an array of dining, shopping, nightlife, and entertainment options, this condo offers the quintessential Chicago lifestyle. Embrace the vibrant energy of Uptown while enjoying the tranquility of your own sanctuary. Unit is being sold as-is.

Last Agent to Sell the Property

Reve' Kendall

Redfin Corporation License #475177080 Listed on: 03/07/2024

Redfin Corporation

Last Buyer's Agent

Ali Arciniega

ALLURE Real Estate License #475163462

ALLURE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1928

Lot Details

  • 0.32

HOA Fees

  • $202 Monthly HOA Fees

Interior Spaces

  • 650 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Schools

  • Mccutcheon Elementary School
  • Senn High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 82 Units
  • Manager Association, Phone Number (773) 472-2300
  • Mid-Rise Condominium
  • Property managed by Kane Property Managment
  • 5-Story Property

Amenities

  • Coin Laundry

Recreation

  • Fitness Center

Pet Policy

  • Pets up to 45 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,748

Year Built

Built in 1928

Lot Details

0

HOA Fees

$202 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)
  • Year Built: 1928
  • Age: 91-100 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: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 650
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Blinds
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 125000
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 202
  • Association Amenities: Coin Laundry, Exercise Room
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Kane Property Managment
  • Management Contact Name: Manager
  • Management Phone: 773-472-2300
  • 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: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 45

Tax Info

  • Tax Annual Amount: 1748.13
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 8, 2024
Sold by
Sesay Alhaj Saidy and Sesay Alhajl
Bought by
Slater Anna R and Slater Jared J
Seller's Agent
Reve' Kendall
Redfin Corporation
Buyer's Agent
Ali Arciniega
ALLURE Real Estate
List Price
$125,000
Sold Price
$121,000
Premium/Discount to List
-$4,000
-3.2%
Views
14
Current Estimated Value
$141,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,778
Avg. Annual Appreciation
9.55%
Original Mortgage
$90,750
Outstanding Balance
$89,587
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$47,147

Purchase Details

Closed on
Jul 27, 2015
Sold by
Chicago Title Land Trust Co
Bought by
Sesay Alhaji Saidy and Sessay Alhaji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.37%
Mortgage Type
New Conventional
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
Slater Anna R $121,000 None Listed On Document
Sesay Alhaji Saidy $80,000 Chicago Title Land Trust Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slater Anna R $90,750
Previous Owner Sesay Alhaji Saidy $64,000
Previous Owner Chicago Title Land Trust Co $47,000
Previous Owner American National Bank & Trust Co $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $121,000 -3.2% $186 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $125,000 +56.3% $192 / Sq Ft
09/19/2016 09/19/16 Sold $80,000 -2.3% --
06/13/2016 06/13/16 Pending -- -- --
06/03/2016 06/03/16 Price Changed $81,900 -18.0% --
05/11/2016 05/11/16 For Sale $99,900 -- --
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 $1,793 $11,391 $1,513 $9,878
2023 $1,748 $8,500 $1,352 $7,148
2022 $1,748 $8,500 $1,352 $7,148
2021 $1,709 $8,499 $1,352 $7,147
2020 $1,703 $7,646 $845 $6,801
2019 $1,693 $8,428 $845 $7,583
2018 $1,665 $8,428 $845 $7,583
2017 $1,127 $5,235 $743 $4,492
2016 $1,049 $5,235 $743 $4,492
2015 $959 $5,235 $743 $4,492
2014 $990 $5,336 $574 $4,762
2013 $743 $4,086 $574 $3,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11994209

Midwest Real Estate Data (MRED)

APN: 14-08-413-044-1017