NOT LISTED FOR SALE

844 W Ainslie St Unit K2 Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $130,000 - $161,000

1 Bed
1 Bath
675 Sq Ft
$188/mo HOA Fee

Last Sold June 09, 2021

Last sale price $112,500 $167 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,083/month

19 Days on Market

Highlights

  • Fitness Center
  • Dogs and Cats Allowed
  • 2-minute walk to Bill Hersh Playground
  • Coin Laundry
  • Community Storage Space

About This Home

As of June 2021

Don't miss this very affordable, move in ready one bedroom unit with new windows, beautiful wood floors in a classic vintage building Buy for less than you could rent!! VINTAGE GORGEOUS COURT YARD BUILDING STEPS FROM THE LAKE

Last Agent to Sell the Property

Blanche Murges

RE/MAX Premier License #475126843 Listed on: 04/19/2021

RE/MAX  Premier

Last Buyer's Agent

Edward Terres

Kale Realty License #475179121

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,375

Year Renovated

  • 2012

Lot Details

  • 0.32

HOA Fees

  • $188 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • No Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 56 Units
  • Mr Kane Association, Phone Number (773) 472-2300
  • Property managed by Kane

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,375

Year Renovated

2012

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2012
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2012

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 675
  • 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

Exterior Features

  • DirectionFaces: West
  • List Price: 129900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: 1 (Window/Wall Unit)
  • Heating: None
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 188
  • Association Amenities: Coin Laundry, Exercise Room, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Kane
  • Management Contact Name: Mr Kane
  • Management Phone: 773-472-2300

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1375
  • Tax Year: 2019

Multi Family

  • Units in Building: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 9, 2021
Sold by
Morch Allyson and Vanscoy Kamal
Bought by
Kohli Jagat Singh
Seller's Agent
Blanche Murges
RE/MAX Premier
Buyer's Agent
Edward Terres
Kale Realty
List Price
$129,900
Sold Price
$112,500
Premium/Discount to List
-$17,400
-13.39%
Current Estimated Value
$141,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,618
Avg. Annual Appreciation
5.54%
Original Mortgage
$90,000
Outstanding Balance
$83,936
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$56,985

Purchase Details

Closed on
Sep 9, 2003
Sold by
The Old Second National Bank Of Aurora
Bought by
Morch Allyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,700
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
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
Kohli Jagat Singh $112,500 Fort Dearborn Title
Morch Allyson $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohli Jagat Singh $90,000
Previous Owner Morch Allyson $10,700
Previous Owner Morch Allyson $85,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $112,500 -13.4% $167 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $129,900 -- $192 / 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 $1,477 $9,248 $1,228 $8,020
2023 $1,440 $7,000 $1,098 $5,902
2022 $1,440 $7,000 $1,098 $5,902
2021 $1,407 $6,999 $1,097 $5,902
2020 $1,383 $6,208 $686 $5,522
2019 $1,375 $6,843 $686 $6,157
2018 $1,352 $6,843 $686 $6,157
2017 $915 $4,250 $603 $3,647
2016 $851 $4,250 $603 $3,647
2015 $779 $4,250 $603 $3,647
2014 $804 $4,332 $466 $3,866
2013 $603 $3,317 $466 $2,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11057986

Midwest Real Estate Data (MRED)

APN: 14-08-413-044-1049