NOT LISTED FOR SALE

922 W Carmen Ave Unit 2W Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $486,000 - $562,727

3 Beds
2 Baths
2,000 Sq Ft
$520/mo HOA Fee

Last Sold March 30, 2023

Last sale price $480,000 $240 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,962/month

1 Day on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Breakfast Room
  • Wood Flooring
  • Sundeck
  • 4-minute walk to Bill Hersh Playground

About This Home

As of March 2023

Large updated, yet vintage 3 bedroom 2 bathroom condo with a garage parking space in a fantastic Margate Park location, just steps from the Lake and Foster Beach. This spacious condo in an intimate 6-unit boutique building has gorgeous vintage charm throughout including beautiful wood trim, hardwood floors, and a formal separate dining room yet has updated bathrooms and a kitchen perfect for chefs AND entertainers. Greet guests in your formal foyer with coat closet then enjoy entertaining in your huge formal living room which features a beautiful working wood burning fireplace (firewood is even supplied by the HOA for free each winter!) and a sun room set amongst the trees which overlooks Carmen Avenue, which is a charming one way residential tree lined street. Down the hallway are two large bedrooms, both of which fit king sized beds. The primary bedroom has an ensuite primary bathroom with dual sinks, a marble shower/tub condo and tons of storage space. The second bedroom also has a large walk in closet for extra storage space. The spacious kitchen has cabinet and storage space galore including an island and an eat-in kitchen area which overlooks the back deck. Newer kitchen appliances. Off the kitchen is the third bedroom which makes a great office or nursery as well as the second full bathroom. Washer/dryer in unit. Storage unit in the basement which is approximately 30 square feet large plus separate bike storage. Central AC mini split systems for individual zoned AC throughout the unit. Heat is provided through radiators with custom covers. Large common deck for all residents to enjoy which is furnished with furniture and plants in addition to a ground level patio for grilling and side patio with a fish pond. Assessments include heat. Well maintained building - almost all of the windows are new and the roof is only about 6 years old. New video buzzer doorbell system. Walking distance to CTA-red line, bus, shopping, restaurants/cafes, and 1/2 block to the lakefront and park. Pet friendly building. Not appropriate for investors.

Last Agent to Sell the Property

Shay Hata

@properties Christie's International Real Estate License #475157685 Listed on: 02/22/2023

@properties Christie's International Real Estate

Co-Listed By

David Zwarycz

@properties Christie's International Real Estate License #475151345

Last Buyer's Agent

Emma Alhalel

Cross Street Real Estate License #475198829

Cross Street Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,167

Year Built

  • Built in 1910 | Remodeled in 1978

Lot Details

  • 8,407

HOA Fees

  • $520 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Goudy Elementary School
  • Senn High School

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, scavenger, snow removal
  • 6 Units
  • Low-Rise Condominium

Amenities

  • Sundeck
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,167

Year Built

Built in 1910 | Remodeled in 1978

Lot Details

0

HOA Fees

$520 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories),Vintage
  • Year Built: 1910
  • 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: 2
  • Rehab Year: 1978
  • ResoPropertyType: Residential
  • AttributionContact: (312) 600-7510
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 1978

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Intercom, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 2000
  • Other Equipment: TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Breakfast Room, Sun Room, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Cable Access
  • List Price: 469000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Steam, Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 520
  • Association Amenities: Bike Room/Bike Trails, Storage, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 6167.2
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 27, 2023
Sold by
Quarfoot Daniel and Quarfoot Elizabeth
Bought by
Prevatt Derek W and Gottschling Ellen C
Seller's Agent
Shay Hata
@properties Christie's International Real Estate
Buyer's Agent
Emma Alhalel
Cross Street Real Estate
List Price
$469,000
Sold Price
$480,000
Premium/Discount to List
$11,000
2.35%
Views
11
Current Estimated Value
$533,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,682
Avg. Annual Appreciation
4.48%
Original Mortgage
$432,000
Outstanding Balance
$421,999
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$111,683

Purchase Details

Listed on
Jun 14, 2018
Closed on
Jul 13, 2018
Sold by
Read Edward C and Read Kay A
Bought by
Quarfoot Daniel and Homan Elizabeth
Seller's Agent
Brett Novack
@properties Christie's International Real Estate
Buyer's Agent
Dimitrios Maravelias
Redfin Corporation
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$304,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 1999
Sold by
Ryan Roibin J
Bought by
Read Edward C and Read Kay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage
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
Prevatt Derek W $480,000 None Listed On Document
Quarfoot Daniel $380,000 Chicago Title
Read Edward C $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prevatt Derek W $432,000
Previous Owner Quarfoot Daniel $304,000
Previous Owner Read Edward C $100,000
Previous Owner Read Edward C $159,925
Previous Owner Read Edward C $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $480,000 +2.3% $240 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $469,000 +23.4% $235 / Sq Ft
07/17/2018 07/17/18 Sold $380,000 +1.3% --
06/18/2018 06/18/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $375,000 -- --
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 $6,474 $43,170 $11,563 $31,607
2023 $6,290 $34,000 $10,335 $23,665
2022 $6,290 $34,000 $10,335 $23,665
2021 $6,167 $33,999 $10,335 $23,664
2020 $5,275 $26,781 $6,459 $20,322
2019 $5,241 $29,515 $6,459 $23,056
2018 $5,830 $29,515 $6,459 $23,056
2017 $4,852 $28,613 $5,684 $22,929
2016 $4,873 $28,613 $5,684 $22,929
2015 $4,419 $28,613 $5,684 $22,929
2014 $3,824 $25,015 $4,392 $20,623
2013 $3,730 $25,015 $4,392 $20,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11723690

Midwest Real Estate Data (MRED)

APN: 14-08-407-025-1005