NOT LISTED FOR SALE

842 W Ainslie St Unit H1 Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $111,000 - $130,775

-- Bed
1 Bath
-- Sq Ft
$190/mo HOA Fee

Last Sold August 01, 2024

Last sale price $110,500

Est. 9% increase in value since last sale

Current estimated payment $986/month

1 Day on Market

Highlights

  • Fitness Center
  • Courtyard
  • Entrance Foyer
  • Walk-In Closet
  • Resident Manager or Management On Site
  • 2-minute walk to Bill Hersh Playground

About This Home

As of August 2024

Welcome to Margate Park and enjoy all the amenities living close to the lakefront has to offer! This timeless courtyard building is located on a beautifully landscaped tree-lined street nestled between Buttercup Park and Margate Fieldhouse. Your very own charming studio includes plenty of space to accommodate a dining table, work from home space, large closet, separate foyer entrance with front hallway coat closet, stylish wide plank vinyl flooring installed in 2021 and more than enough kitchen cabinetry to accommodate your culinary needs. Well-run building with both front & back hallways recently painted and re-carpeted. Common laundry room on lower level, bike room storage and fitness center. Investor friendly with no rental cap and pet's welcome. This property is all about the location being moments away from Montrose and Foster beaches, Lake Front Trail, Mariano's, Divvy Bike station at end of block, Puptown Dog Park, Montrose Dog beach and plenty of neighborhood restaurant options. Ideal transportation with Lake Shore Drive access close by, Express 136/146/148 Marine Dr & Ainslie bus stop at end of block while close to 151 Sheridan & Argyle bus stop plus Argyle Red Line moments away. Easy street parking in the area no permit required. Don't miss out on this cozy studio located in a bustling bike-friendly neighborhood!

Last Agent to Sell the Property

Melisssa Schero

@properties Christie's International Real Estate License #475196733 Listed on: 07/11/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Jennefer Folsom

@properties Christie's International Real Estate License #475182691

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,688

Year Built

  • Built in 1928 | Remodeled in 2021

Lot Details

  • 0.32

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Laminate Flooring

Kitchen

  • Range
  • Freezer

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Courtyard

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 23 Units
  • Patrick Kane Association, Phone Number (773) 472-2300
  • Property managed by Kane Management

Amenities

  • Common Area
  • Coin Laundry

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • 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

$1,688

Year Built

Built in 1928 | Remodeled in 2021

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard,Studio,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard,Studio,Vintage
  • 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): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Refrigerator, Freezer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Interior Amenities: Wood Laminate Floors, Walk-In Closet(s)
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 114000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 190
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Exercise Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Kane Management
  • Management Contact Name: Patrick Kane
  • Management Phone: 773-472-2300X0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 1687.68
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 1, 2024
Sold by
Cullo Stephen and Cullo Belinda
Bought by
Satterfield Merry Sharon
Seller's Agent
Melisssa Schero
@properties Christie's International Real Estate
Buyer's Agent
Jennefer Folsom
@properties Christie's International Real Estate
List Price
$114,000
Sold Price
$110,500
Premium/Discount to List
-$3,500
-3.07%
Views
9
Current Estimated Value
$120,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,944
Avg. Annual Appreciation
8.31%

Purchase Details

Listed on
Nov 22, 2021
Closed on
Feb 2, 2022
Sold by
Macarus Jordan D and The David P Macarus And Dorothy C Macaru
Bought by
Cullo Stephen and Cullo Belinda
Seller's Agent
Sharon Rizzo
Compass
Buyer's Agent
Melisssa Schero
@properties Christie's International Real Estate
List Price
$90,000
Sold Price
$78,000
Premium/Discount to List
-$12,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.82%

Purchase Details

Listed on
Nov 22, 2021
Closed on
Jan 25, 2022
Sold by
Macarus Jordan D and The David P Macarus And Dorothy C Macaru
Bought by
Cullo Stephen and Cullo Belinda
Seller's Agent
Sharon Rizzo
Compass
Buyer's Agent
Melisssa Schero
@properties Christie's International Real Estate
List Price
$90,000
Sold Price
$78,000
Premium/Discount to List
-$12,000
-13.33%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Brooks Gerald J
Bought by
Macarus David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Satterfield Merry Sharon $110,500 Citywide Title
Cullo Stephen $78,000 --
Cullo Stephen $78,000 --
Macarus David P $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macarus David P $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $110,500 -3.1% --
07/13/2024 07/13/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $114,000 +46.2% --
01/26/2022 01/26/22 Sold $78,000 -13.3% --
01/06/2022 01/06/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $90,000 -- --
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 $1,688 $10,677 $1,418 $9,259
2023 $1,645 $8,000 $1,267 $6,733
2022 $1,645 $8,000 $1,267 $6,733
2021 $1,609 $7,999 $1,267 $6,732
2020 $1,597 $7,167 $792 $6,375
2019 $1,587 $7,899 $792 $7,107
2018 $1,560 $7,899 $792 $7,107
2017 $1,057 $4,908 $697 $4,211
2016 $983 $4,908 $697 $4,211
2015 $899 $4,908 $697 $4,211
2014 $928 $5,001 $538 $4,463
2013 $696 $3,829 $538 $3,291
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12104054

Midwest Real Estate Data (MRED)

APN: 14-08-413-044-1035