924 W Margate Terrace Unit 2E Chicago, IL 60640
Margate Park Neighborhood
3
Beds
2.5
Baths
2,000
Sq Ft
$333/mo
HOA Fee
Highlights
- Deck
- Breakfast Room
- Plantation Shutters
- Wood Flooring
- Double Oven
- 1-minute walk to Buttercup Park
About This Home
As of December 2024Beautifully renovated and spacious 3BR/2.5BA home in Margate Park! Features modern upgrades and convenient location near the lakefront and amenities. The combination of classic architecture with contemporary enhancements like quartz countertops, stainless steel appliances, and vinyl plank flooring creates a comfortable and stylish living space. The large windows and sunroom overlooking the tree tops provide lots of natural light. With three bedrooms, including a primary bedroom with an Ensuite bathroom, this home offers both privacy and comfort. The gas fireplace in the living room adds a cozy touch, ideal for relaxing evenings. Other upgrades include laundry in unit, large private balcony and deeded parking included. The proximity to Montrose beach, running-bike trails, shopping, restaurants, nightlife, and transportation highlights the convenience and vibrant lifestyle this location offers. Modern living and classic charm on Chicago's beautiful lakefront.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,843
Year Built
- Built in 1922 | Remodeled in 2022
HOA Fees
- $333 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,000 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Plantation Shutters
- Blinds
- Family Room
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Intercom
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 1 Parking Space
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
- Cable TV Available
Additional Features
- Deck
- Additional Parcels
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 8 Units
- Tyler Hickok Association, Phone Number (224) 301-3108
Pet Policy
- Dogs and Cats Allowed
Security
- Storm Screens
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2024
Closed on
Dec 9, 2024
Sold by
Angermann/Blummer Living Trust and Blummer Rick A
Bought by
Ginter Stephanie and Weger Andrew
Seller's Agent
Maurice Ortiz
Compass
Buyer's Agent
Jeffrey Lowe
Compass
List Price
$569,000
Sold Price
$550,000
Premium/Discount to List
-$19,000
-3.34%
Views
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$322,000
Purchase Details
Closed on
Mar 10, 2016
Sold by
Blummer Rick
Bought by
Blummer Rick A and Blummer Living Trust
Purchase Details
Closed on
Nov 21, 2010
Sold by
Wagner Robert and Chalifoux James
Bought by
Blummer Rick and Angermann Carsten
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $550,000 | Citywide Title | |
| Deed | $550,000 | Citywide Title | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Comp | |
| Warranty Deed | $285,000 | Chicago Title Insurance Co |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $550,000 | -3.3% | $275 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $569,000 | 0.0% | $285 / Sq Ft |
| 10/10/2024 10/10/24 | Pending | -- | -- | -- |
| 08/24/2024 08/24/24 | Price Changed | $569,000 | -3.4% | $285 / Sq Ft |
| 07/18/2024 07/18/24 | Price Changed | $589,000 | -1.3% | $295 / Sq Ft |
| 06/15/2024 06/15/24 | For Sale | $597,000 | -- | $299 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,149 | $6,391 | $1,343 | $5,048 |
| 2023 | $1,121 | $5,448 | $1,200 | $4,248 |
| 2022 | $1,121 | $5,448 | $1,200 | $4,248 |
| 2021 | $1,096 | $5,448 | $1,200 | $4,248 |
| 2020 | $879 | $3,946 | $750 | $3,196 |
| 2019 | $874 | $4,349 | $750 | $3,599 |
| 2018 | $859 | $4,349 | $750 | $3,599 |
| 2017 | $824 | $3,827 | $660 | $3,167 |
| 2016 | $767 | $3,827 | $660 | $3,167 |
| 2015 | $701 | $3,827 | $660 | $3,167 |
| 2014 | $839 | $4,520 | $510 | $4,010 |
| 2013 | $822 | $4,520 | $510 | $4,010 |
Source: Public Records
Agents Affiliated with this Home
-
Maurice Ortiz
M
Seller's Agent in 2024
Maurice Ortiz
Compass
(773) 802-0985
2 in this area
20 Total Sales
-
Megan Gianopulos
M
Seller Co-Listing Agent in 2024
Megan Gianopulos
Compass
(312) 733-7201
1 in this area
2 Total Sales
-
Jeffrey Lowe
Buyer's Agent in 2024
Jeffrey Lowe
Compass
(312) 883-3030
5 in this area
1,093 Total Sales
-
Jen Laskov
Buyer Co-Listing Agent in 2024
Jen Laskov
Compass
(312) 927-7755
1 in this area
84 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12077317
APN: 14-08-412-038-1014
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