NOT LISTED FOR SALE

906 W Gunnison St Unit C Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $433,000 - $450,450

2 Beds
2 Baths
1,450 Sq Ft
$432/mo HOA Fee

Last Sold April 30, 2021

Last sale price $340,000 $234 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,300/month

1 Day on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Brick Porch or Patio
  • Wood Flooring
  • Walk-In Closet
  • 4-minute walk to Buttercup Park

About This Home

As of April 2021

Perfect combination of contemporary and vintage in this spacious Margate Park top floor condo! Complete gut rehab in 2016 plus tons of thoughtful improvements made by the current owners. Hardwood floors throughout. Designer touches include custom light fixtures, ceiling fans and Kohler bathroom improvements. New Bosch High Efficiency vent less washer/dryer. New central heat and air conditioning! Luxurious kitchen opens to huge dining room as well as family room that looks out over the beautiful Margate Park neighborhood. Ingenious storage cubicles in the hallway as well as an included exterior storage space. Entertain friends and family on an enormous roof top deck. Super easy 24/7 permit parking or rental options in the area. The Lake, park and the best of Chicago are footsteps away!

Last Agent to Sell the Property

Howard Arbetman

Chicago Condo Rentals, Inc. License #471011813 Listed on: 03/31/2021

Last Buyer's Agent

Amanda Hewitt

Dream Town Real Estate License #475156128

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,630

Year Built | Renovated

  • 1923 | 2016

Lot Details

  • 5,489

HOA Fees

  • $432 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Decorative Fireplace
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Southern Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,630

Year Built | Renovated

1923 | 2016

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2016
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1923
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Low Rise (1-3 Stories), Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1923
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 7X7, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X08, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Deck, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 9X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Walk in Closet, Dimensions: 8X7, On Level: Main Level
  • Additional Room 4 Name: Deck, Dimensions: 20X20, On Level: 4th Level
  • Estimated Sq Ft: 1450
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Deck, Brick Paver Patio
  • Exposure: N (North), S (South)

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 35
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 432
  • Management Contact Name: Liberty Zieghan
  • Management Phone: 907-306-5456

Fee Information

  • Management Company: Self Managed

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14084180561006

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Tax Info

  • Taxes: 4386.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Apr 21, 2021
Sold by
Jakeway James and Larson Wayne M
Bought by
Gardiner Daniel
Seller's Agent
Howard Arbetman
Chicago Condo Rentals, Inc.
Buyer's Agent
Amanda Hewitt
Dream Town Real Estate
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$440,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,363
Avg. Annual Appreciation
5.30%
Original Mortgage
$272,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2016
Sold by
Lennartz Martin E
Bought by
Jakeway James and Larson Wayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,150
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 1995
Sold by
Condon Eileen J
Bought by
Lennartz Martin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.79%
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
Gardiner Daniel $340,000 Fidelity National Title
Jakeway James $277,000 Proper Title Llc
Lennartz Martin E $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gardiner Daniel $272,000
Previous Owner Jakeway James $251,500
Previous Owner Jakeway James $263,150
Previous Owner Lennartz Martin E $115,474
Previous Owner Lennartz Martin E $75,450
Previous Owner Lennartz Martin E $126,500
Previous Owner Lennartz Martin E $100,920
Previous Owner Lennartz Martin E $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $340,000 0.0% $234 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $340,000 -- $234 / 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 $5,630 $40,803 $8,270 $32,533
2023 $5,467 $30,000 $7,392 $22,608
2022 $5,467 $30,000 $7,392 $22,608
2021 $5,363 $29,999 $7,392 $22,607
2020 $4,415 $22,922 $4,620 $18,302
2019 $4,386 $25,262 $4,620 $20,642
2018 $4,311 $25,262 $4,620 $20,642
2017 $3,416 $19,245 $4,065 $15,180
2016 $3,354 $19,245 $4,065 $15,180
2015 $3,046 $19,245 $4,065 $15,180
2014 $3,094 $19,245 $3,141 $16,104
2013 $3,022 $19,245 $3,141 $16,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11037847

Midwest Real Estate Data (MRED)

APN: 14-08-418-056-1006