NOT LISTED FOR SALE

842 W Ainslie St Unit HC Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $100,000 - $134,637

-- Bed
1 Bath
400 Sq Ft
$178/mo HOA Fee

Last Sold June 16, 2016

Last sale price $58,000 $145 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $943/month

17 Days on Market

Highlights

  • Fitness Center
  • Intercom
  • Living Room
  • Lock-and-Leave Community
  • Courtyard
  • 2-minute walk to Bill Hersh Playground

About This Home

As of June 2016

LOCATION, LOCATION, LOCATION!! WALKING DISTANCE TO THE LAKE, PARKS, PUBLIC TRANSPORTATION, RECREATIONAL ACTIVITIES, LAKEFRONT WALKING TRAILS, AMD DOG PARKS!! ENJOY THE AMENITIES THAT THE BUILDING HAS TO OFFER SUCH AS THE NEW EXERCISE RM, LAUNDRY & BIKE RM. PROPERTY IS BANK-OWNED AND CONDO WILL SELL "AS-IS" CONDITION. SELLER DOES NOT PROVIDE DISCLOSURES. PRE-APPROVAL OR PROOF OF FUNDS WITH OFFERS. SELLER'S ADDENDUMS PROVIDED AND REQUIRED AFTER ACCEPTANCE. TAXES PRORATED 100%.

Last Agent to Sell the Property

The Galarza Team

Century 21 New Beginnings License #475113749 Listed on: 05/20/2016

Century 21 New Beginnings

Co-Listed By

Margarita Galarza

Century 21 New Beginnings License #475136360

Last Buyer's Agent

Janet Robertson

Coldwell Banker Realty License #475124117

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $866

Year Built

  • Built in 1928

Lot Details

  • 0.32

HOA Fees

  • $178 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 400 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Intercom

Parking

  • Leased Parking
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Courtyard

Utilities

  • One Cooling System Mounted To A Wall/Window
  • 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
  • Vernon Rodricks Association, Phone Number (773) 472-2300
  • Margate Park Subdivision
  • Property managed by KANE PROPERTY MANAGEMENT
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Coin Laundry

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$866

Year Built

Built in 1928

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard,Studio
  • Subdivision Name: MARGATE PARK
  • Year Built: 1928
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 400
  • Other Equipment: TV-Cable, Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 5
  • Basement Description: None
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 65000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • Number of Cars: 0
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 125
  • Type: Eating Area-Table Space

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 178
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Exercise Room, On Site Manager/Engineer, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: KANE PROPERTY MANAGEMENT
  • Management Contact Name: VERNON RODRICKS
  • Management Phone: 773-472-2300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 866
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 10, 2016
Sold by
Firstmerit Bank Na
Bought by
Bundy Robert and Bundy Oleary Laura
Seller's Agent
The Galarza Team
Century 21 New Beginnings
Buyer's Agent
Janet Robertson
Coldwell Banker Realty
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%
Current Estimated Value
$125,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,008
Avg. Annual Appreciation
8.23%

Purchase Details

Listed on
May 20, 2016
Closed on
Apr 22, 2016
Sold by
Donnell John J O
Bought by
Firstmerit Bank Na
Seller's Agent
The Galarza Team
Century 21 New Beginnings
Buyer's Agent
Janet Robertson
Coldwell Banker Realty
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Garrison Jason
Bought by
Odonnell John J and Odonnell Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,600
Interest Rate
6.76%

Purchase Details

Closed on
Oct 31, 1995
Sold by
Cole Taylor Bank
Bought by
Garrison Jason
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
Bundy Robert $58,000 Greater Illinois Title Compa
Firstmerit Bank Na -- None Available
Odonnell John J $28,000 First American Title
Garrison Jason $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odonnell John J $51,000
Previous Owner Odonnell John J $35,000
Previous Owner Odonnell John J $20,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $58,000 -10.8% $145 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $65,000 -- $163 / 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 $883 $9,963 $1,323 $8,640
2023 $839 $7,500 $1,183 $6,317
2022 $839 $7,500 $1,183 $6,317
2021 $838 $7,499 $1,182 $6,317
2020 $799 $6,687 $739 $5,948
2019 $792 $7,371 $739 $6,632
2018 $777 $7,371 $739 $6,632
2017 $259 $4,579 $650 $3,929
2016 $917 $4,579 $650 $3,929
2015 $839 $4,579 $650 $3,929
2014 $866 $4,666 $502 $4,164
2013 $650 $3,573 $502 $3,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09233084

Midwest Real Estate Data (MRED)

APN: 14-08-413-044-1034