NOT LISTED FOR SALE

911 W Margate Terrace Unit G Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $336,000 - $369,697

2 Beds
2 Baths
-- Sq Ft
$333/mo HOA Fee

Last Sold June 17, 2022

Last sale price $305,000

Est. 16% increase in value since last sale

Current estimated payment $2,627/month

12 Days on Market

Highlights

  • Whirlpool Bathtub
  • Intercom
  • Entrance Foyer
  • End Unit
  • Brick Porch or Patio
  • 2-minute walk to Buttercup Park

About This Home

As of June 2022

INCREDIBLE VALUE FOR THIS 2 BED/ 2 BATH UPDATED VINTAGE GEM with PARKING INCLUDED located on quite possibly, the most beautiful leafy street in MARGATE PARK, an enclave of Chicago's famed Uptown neighborhood. Meticulously maintained with a neutral color palette throughout, this home is move-in ready, all you need to do is unpack! Ideal, open layout offers flexible & highly functional floor plan. Front nook currently used as home office but can easily be be used for dining area or workout space. Entertaining is a breeze in the generous cook's kitchen with ample cabinets, granite counters, breakfast bar and all stainless appliances. Enjoy Central Air, in-unit washer/dryer, sleek flooring throughout + energy efficient gas furnace & hot water heater. Enormous 16 x 6 PRIVATE STORAGE included. Warm weather is here, time to enjoy your morning coffee or happy hour cocktails on the back patio. This is a well maintained, intimate 7 unit building, financially sound, self managed and PET FRIENDLY! Outdoor enthusiasts will love the 2 min walk to the park at the end of the block. Enjoy acres of luscious green space & colorful gardens, bike paths, soccer fields tennis courts and more. It's almost beach season, dip your toes in the water at FOSTER BEACH in less than 6 minutes. Dog lovers will certainly take advantage of Puptown and Montrose dog beach. Catch some live music at The Riveria, Aragon Ballroom or Al Capone's old hangout, the famous Green Mill. Foodies will delight in the Uptown/Argyle neighborhood, a thriving community filled with Vietnamese culture. Affectionately referred to as "Asia on Argyle". The food on Argyle is world renowned, from Pho to pastries, South American empanadas, gourmet pizza & Mexican cuisine, they've got it all. Less than a 8 min Uber ride to everything Andersonville / Lakeview have to offer! Transportation is a breeze with multiple busses to downtown at Marine Drive & the Red Line @ Argyle is 4 blocks west. DON'T MISS THIS OPPORTUNITY TO LIVE YOUR BEST LIFE ALONG OUR GORGEOUS LAKEFRONT IN HISTORIC MARGATE PARK!

Last Agent to Sell the Property

Nancy Gaspadarek

@properties Christie's International Real Estate License #475127599 Listed on: 05/03/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Nathan Elliott

Baird & Warner License #475169589

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,173

Year Built

  • Built in 1917 | Remodeled in 2005

Lot Details

  • 7,100

HOA Fees

  • $333 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Laminate Flooring
  • Sump Pump
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Mccutcheon Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Brick Porch or Patio
  • End Unit

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 7 Units
  • Margate Park Subdivision, Rehabbed Vintage Floorplan

Pet Policy

  • Pets up to 55 lbs
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,173

Year Built

Built in 1917 | Remodeled in 2005

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Margate Park
  • Year Built: 1917
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: G
  • Rehab Year: 2005
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, Storage
  • Other Equipment: Humidifier, Intercom, CO Detectors, Sump Pump
  • Room Type: Foyer, Storage, Other Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Blinds

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, End Unit
  • Foundation Details: Concrete Perimeter, Stone
  • List Price: 290000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 333
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: No
  • 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: Yes
  • Max Pet Weight: 55

Tax Info

  • Tax Annual Amount: 4173.07
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 11, 2022
Sold by
Black Graham and Black Susan
Bought by
Jess John
Seller's Agent
Nancy Gaspadarek
@properties Christie's International Real Estate
Buyer's Agent
Nathan Elliott
Baird & Warner
List Price
$290,000
Sold Price
$305,000
Premium/Discount to List
$15,000
5.17%
Current Estimated Value
$353,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,924
Avg. Annual Appreciation
3.39%
Original Mortgage
$244,000
Outstanding Balance
$233,297
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$106,175

Purchase Details

Listed on
Mar 12, 2020
Closed on
May 15, 2020
Sold by
Winogrocki John and Winogrocki Lynne
Bought by
Black Graham and Kneesel Susan
Seller's Agent
Liz Lassner
@properties Christie's International Real Estate
Buyer's Agent
Jennifer Fay
RE/MAX PREMIER
List Price
$245,000
Sold Price
$243,000
Premium/Discount to List
-$2,000
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$243,000
Interest Rate
2.75%
Mortgage Type
VA

Purchase Details

Listed on
Sep 17, 2012
Closed on
Apr 5, 2013
Sold by
Kraft Edward L and Kraft Christine M
Bought by
Winogrocki John and Winogrocki Lynne
Seller's Agent
Stewart Smith
Compass
Buyer's Agent
Diane Boyle
@properties Christie's International Real Estate
List Price
$219,000
Sold Price
$185,000
Premium/Discount to List
-$34,000
-15.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$175,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Schaefer Building Corp
Bought by
Kraft Edward L and Kraft Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.71%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jess John $305,000 Prairie Title
Black Graham $243,000 Chicago Title
Winogrocki John $185,000 None Available
Kraft Edward L $271,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jess John $244,000
Previous Owner Black Graham $243,000
Previous Owner Winogrocki John $175,750
Previous Owner Kraft Edward L $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $305,000 +5.2% --
05/17/2022 05/17/22 For Sale $290,000 0.0% --
05/16/2022 05/16/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $290,000 +19.3% --
05/18/2020 05/18/20 Sold $243,000 -0.8% --
03/20/2020 03/20/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $245,000 +32.4% --
04/12/2013 04/12/13 Sold $185,000 -5.1% --
02/18/2013 02/18/13 Pending -- -- --
10/04/2012 10/04/12 Price Changed $195,000 -11.0% --
09/17/2012 09/17/12 For Sale $219,000 -- --
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 $4,431 $28,069 $6,642 $21,427
2023 $4,319 $21,000 $5,937 $15,063
2022 $4,319 $21,000 $5,937 $15,063
2021 $4,223 $20,999 $5,936 $15,063
2020 $4,173 $21,835 $3,710 $18,125
2019 $4,146 $24,065 $3,710 $20,355
2018 $4,754 $24,065 $3,710 $20,355
2017 $4,162 $19,333 $3,265 $16,068
2016 $3,872 $19,333 $3,265 $16,068
2015 $3,543 $19,333 $3,265 $16,068
2014 $3,613 $19,473 $2,523 $16,950
2013 $3,814 $20,968 $2,523 $18,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11392379

Midwest Real Estate Data (MRED)

APN: 14-08-413-049-1004