NOT LISTED FOR SALE

851 W Gunnison St Unit G Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $697,000 - $731,000

4 Beds
3 Baths
2,000 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $665,500 $333 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,969/month

3 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Home Office
  • Vaulted Ceiling
  • Terrace
  • 4-minute walk to Puptown Dog Park

About This Home

As of March 2024

Modern elegance in Margate Park! This stunning four-bedroom, three-bathroom townhome is a true gem, offering a perfect blend of modern updates and a functional floorplan. This home is located on the inside of a gated townhome community with a charming courtyard and has a 1 car private garage. Enter into the heart of the home, a 2021 renovated kitchen featuring stylish white and blue cabinets with wood accents, large center island with seating, built-in pantry, all new Samsung appliances, and gleaming quartz countertops. The open floorplan features north and south bay windows that flood this level with natural light, a wood burning fireplace, and direct access to the private garage roof deck which is perfect for relaxing or entertaining! The second floor features two large bedrooms, an updated full bathroom, and a designated laundry room with a side-by-side washer dryer! The top floor is a true retreat - a primary suite with vaulted ceilings, a new stylish primary bathroom (with double sinks and a walk-in shower with unique arched glass wall), an office space, and a private deck overlooking the courtyard. The versatile lower level (not below ground) could work well for a guest suite or in-law arrangement and features a family room with a convenient fridge and sink area, 4th bedroom with a private terrace, and an updated full bathroom. Enjoy serene solitude or entertaining friends and family on the 4 private decks/terraces. Recent updates include: AC units (2017 & 2021), kitchen and appliances (2021), hot water heater (2022), washer/dryer (2020), new windows on 2nd floor, all hardwood floors refinished and new hardwood added in primary suite, new primary bathroom and added office. Fantastic location, Margate Park is at the end of street with Puptown Dog Park, nearby Montrose Beach, Lake Shore Drive. Excellent public transportation with busses along Marine Drive and Wilson and Argyle stations (Red & Purple lines) only ~0.5miles away make commuting a breeze, with downtown Chicago just a short ride away!

Last Agent to Sell the Property

Stephanie Cutter

Coldwell Banker Realty License #475151888 Listed on: 03/07/2024

Coldwell Banker Realty

Last Buyer's Agent

Ardit Dizdari

@properties Christie's International Real Estate License #475184128

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,082

Year Built

  • Built in 1992 | Remodeled in 2020

Lot Details

  • Lot Dimensions are 15x38

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 4-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Courtyard
  • Rooftop Deck
  • Patio
  • Terrace

Schools

  • Mccutcheon Elementary School
  • Senn High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units
  • Margate Park Subdivision, Townhome Floorplan

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,082

Year Built

Built in 1992 | Remodeled in 2020

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Courtyard,T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Courtyard,T3-Townhouse 3+ Stories
  • Subdivision Name: Margate Park
  • Year Built: 1992
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Second Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Room Type: Office, Deck, Terrace
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Patio, Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 649900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 325
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: TBD
  • Management Contact Name: TBD
  • Management Phone: 111-111-1111
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Mccutcheon Elementary School
  • High School: Senn High School
  • Middle/Junior School: Mccutcheon Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 15X38
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9081.62
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Pavel Janice Ng and Pavel Toma
Bought by
Mcmenamin Michael and Mcmenamin Ilene
Current Estimated Value
$715,180

Purchase Details

Listed on
Mar 7, 2024
Closed on
Mar 20, 2024
Sold by
Vanwinkle David and Vanwinkle Sara
Bought by
Butcher Thomas Mcneal and Berkowitz Sarah
Seller's Agent
Stephanie Cutter
Coldwell Banker Realty
Buyer's Agent
Ardit Dizdari
@properties Christie's International Real Estate
List Price
$649,900
Sold Price
$665,500
Premium/Discount to List
$15,600
2.4%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%

Purchase Details

Closed on
Sep 20, 2017
Sold by
Early Kathleen L
Bought by
Vanwinkle David Van and Vanwinkle Sara Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,090
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2017
Sold by
Shunas Eleanor
Bought by
Early Kathleen L
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
Mcmenamin Michael $605,000 None Listed On Document
Mcmenamin Michael $605,000 None Listed On Document
Butcher Thomas Mcneal $665,500 First American Title
Vanwinkle David Van $410,500 Stewart Title Company
Early Kathleen L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanwinkle David Van $350,400
Previous Owner Vanwinkle David $32,320
Previous Owner Vanwinkle David Van $369,090
Previous Owner Friedman Emily A $84,900
Previous Owner Friedman Emily Ann $21,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $665,500 +2.4% $333 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $649,900 -- $325 / 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 $9,338 $63,678 $6,645 $57,033
2023 $9,082 $47,575 $5,960 $41,615
2022 $9,082 $47,575 $5,960 $41,615
2021 $8,897 $47,574 $5,960 $41,614
2020 $7,637 $37,383 $4,648 $32,735
2019 $7,565 $41,081 $4,648 $36,433
2018 $8,115 $41,081 $4,648 $36,433
2017 $7,026 $36,012 $4,172 $31,840
2016 $6,713 $36,012 $4,172 $31,840
2015 $6,118 $36,012 $4,172 $31,840
2014 $6,209 $36,031 $3,576 $32,455
2013 $6,075 $36,031 $3,576 $32,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11997918

Midwest Real Estate Data (MRED)

APN: 14-08-419-059-0000