NOT LISTED FOR SALE

840 W Gunnison St Unit 2E Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $422,000 - $464,064

2 Beds
2 Baths
-- Sq Ft
$319/mo HOA Fee

Last Sold April 13, 2023

Last sale price $360,000

Est. 23% increase in value since last sale

Current estimated payment $3,319/month

9 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Den
  • Wood Flooring
  • Sun or Florida Room
  • 3-minute walk to Puptown Dog Park

About This Home

As of April 2023

This oversized 2BR/2BA plus den has the extra space you've been looking for! The living room opens up to the sunroom which overlooks the quiet, tree lined street. Separate formal dining room is conveniently next to the kitchen and great for entertaining. The den/office has beautiful natural light and access to the private back deck. Both bedrooms are spacious and fully enclosed, and do not share a wall. Washer/dryer in unit. Oak hardwood floors throughout have been recently refinished, and unit has been painted. Central heat and AC. Shared backyard. Extra storage on the lower level and easy permit parking on Gunnison. Photos are from previous listing in 2020.

Last Agent to Sell the Property

Sara Brondyke

@properties Christie's International Real Estate License #475147498 Listed on: 01/30/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Carrie McCormick

@properties Christie's International Real Estate License #475123706

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,836

Year Built

  • Built in 1920 | Remodeled in 2006

Lot Details

  • 5,532

HOA Fees

  • $319 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, exterior maintenance, scavenger
  • 6 Units

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,836

Year Built

Built in 1920 | Remodeled in 2006

Lot Details

0

HOA Fees

$319 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: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2006
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2006

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Other Equipment: Humidifier, TV-Cable
  • Room Type: Den, Deck, Sun Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 360000
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 319
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: N/A
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, 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
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6836
  • Tax Year: 2021

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Apr 10, 2023
Sold by
Usedom Mary C
Bought by
Saveall Melody and Saveall Jamie
Seller's Agent
Sara Brondyke
@properties Christie's International Real Estate
Buyer's Agent
Carrie McCormick
@properties Christie's International Real Estate
List Price
$360,000
Sold Price
$360,000
Views
1
Current Estimated Value
$441,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,516
Avg. Annual Appreciation
7.69%
Original Mortgage
$342,000
Outstanding Balance
$333,037
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$96,679

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jul 31, 2020
Sold by
Kimpston Martin J and Kimpston Stacy A
Bought by
Usedom Mary C
Seller's Agent
Landon Harper
@properties Christie's International Real Estate
Buyer's Agent
Sara Brondyke
@properties Christie's International Real Estate
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Original Mortgage
$332,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2008
Sold by
840 Gunnison Llc
Bought by
Kimpston Martin J and Kimpston Stacy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,375
Interest Rate
5.73%
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
Saveall Melody $360,000 Proper Title
Usedom Mary C $350,000 Proper Title Llc
Kimpston Martin J $302,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saveall Melody $342,000
Previous Owner Usedom Mary C $332,500
Previous Owner Kimpston Martin J $257,000
Previous Owner Kimpston Martin J $287,325
Previous Owner Kimpston Martin J $287,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $360,000 0.0% --
02/08/2023 02/08/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $360,000 +2.9% --
08/03/2020 08/03/20 Sold $350,000 +7.7% --
07/01/2020 07/01/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $325,000 -- --
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 $7,173 $37,049 $8,028 $29,021
2023 $6,993 $34,000 $7,176 $26,824
2022 $6,993 $34,000 $7,176 $26,824
2021 $6,837 $33,998 $7,175 $26,823
2020 $5,166 $26,291 $4,484 $21,807
2019 $5,133 $28,976 $4,484 $24,492
2018 $5,045 $28,976 $4,484 $24,492
2017 $4,763 $25,499 $3,946 $21,553
2016 $4,607 $25,499 $3,946 $21,553
2015 $4,192 $25,499 $3,946 $21,553
2014 $3,904 $23,608 $3,049 $20,559
2013 $3,815 $23,608 $3,049 $20,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11709563

Midwest Real Estate Data (MRED)

APN: 14-08-418-066-1002