$499,000

847 W Ainslie St Unit GE Chicago, IL 60640

Margate Park Neighborhood

Estimated payment $3,381/month

3 Beds
2 Baths
1,459 Sq Ft
$342 Price per Sq Ft

Highlights

  • Open Floorplan
  • Deck
  • Formal Dining Room
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • 2-minute walk to Buttercup Park

About This Home

Welcome to 847 West Ainslie Street unit GE, an incredible property fully gutted and rehabbed in the heart of Chicago! This exciting project features seven modern condos with fresh, stylish designs, all while preserving the old charm of the building. You'll love the beautiful wooden central stairs and skylight at the top. You'll find five simplexes with 3 bedrooms and 2 bathrooms, a duplex with 4 bedrooms and 4 bathrooms, and a garden unit with 3 bedrooms and 2 bathrooms. Each unit has a front open kitchen with a chic island, quartz countertops and backsplash, and premium stainless steel appliances. Enjoy cozy evenings by the fireplace and dine in your separate dining nook. Each condo also features high ceilings, central air/heat, a full-size front-loading washer and dryer, and organized closets. The building includes a basement for extra storage. Some parking is available, and the builder is willing to secure one parking space in close vicinity with a prepaid lease for up to one year, depending on the offer. Unit 1E, a 3-bedroom, 2-bathroom simplex with an outdoor deck and private storage. Located close to the lake and a nearby park, 847 West Ainslie Street is the perfect spot to enjoy city living. These stunning units are now available for sale. Note that the pictures are from the model unit showcasing the quality and style you can expect. Secure your modern, luxurious home today! Model unit ready for showings .

Listing Agent

Susanna Cherubin-Delisi

Compass License #471012580 Listed on: 10/22/2025

Compass

Co-Listing Agent

Daniel Otto

Compass License #475125485

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1913 | Remodeled in 2025

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,459 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Fireplace With Gas Starter
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Septic Tank

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 7 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1913 | Remodeled in 2025

Lot Details

0

HOA Fees

$244 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: 1913
  • Age: 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
  • Rehab Year: 2025
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2025

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: Cellar
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Walk-In Closet(s), High Ceilings, Open Floorplan
  • LivingArea: 1459
  • Other Equipment: Intercom
  • Room Type: Deck
  • Stories Total: 3
  • Window Features: Window Treatments, Drapes
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom,Dining Room,Kitchen
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Assigned, On Site, Owned

Utilities

  • Sewer: Septic Tank, Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 244
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Developer Controls,Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: none
  • Management Phone: 000-000-0000

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 100

Tax Info

  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 For Sale $499,000 -- $342 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12501300

Midwest Real Estate Data (MRED)