NOT LISTED FOR SALE

936 W Margate Terrace Unit 1W Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $551,000 - $680,270

3 Beds
3 Baths
2,729 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $590,000 $216 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,524/month

13 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Corner Lot
  • Deck
  • End Unit
  • 1-minute walk to Buttercup Park

About This Home

As of August 2024

Welcome home to this spacious and bright 3Bed/3Bath 2750SF duplex-down, perfectly positioned to capture exceptional lakeside living. As you enter the home, you will enter a sun-drenched Living Room and Dining Area, offering exposed brick walls, a WFH space, HW floors, and access to the kitchen and lower level. This newer kitchen offers a chef-style kitchen experience with plenty of cabinet and countertop space, featuring elegant granite countertops, stainless steel appliances, a breakfast bar, and a Butler's pantry. The primary suite is a true retreat, boasting impressive proportions, while the second bedroom also offers generous space and modern amenities. Both bedrooms enjoy the convenience of updated bathrooms. Downstairs, the lower level reveals even more living space with a family room, complete with a cozy wood-burning fireplace, a third bedroom, an additional bathroom, a laundry area, and abundant storage spaces. Outside, a large private patio beckons, perfect for alfresco dining, relaxation, or hosting gatherings. Your one-car attached garage ensures secure parking in all seasons. Only steps to an array of restaurants, cafes, shops, and cultural attractions are all within easy reach. Whether you're an outdoor enthusiast, culinary aficionado, or arts lover, this vibrant neighborhood has something for everyone. Brand new facade stone, stucco, decking and gutters (2023) - Brand new sliding glass door to patio (2023) - Renovated laundry room and full bath in lower level (2023) - Updated upper floor bathroom (2022) - There is abundant additional storage, and there are two separate storage areas outside the condo.

Last Agent to Sell the Property

Jason Rowland

Compass License #475149840 Listed on: 07/17/2024

Compass

Co-Listed By

Joso Goreta

Compass

Last Buyer's Agent

Michele Parisotto

Jameson Sotheby's Intl Realty License #475204423

Jameson Sotheby's Intl Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,140

Year Built

  • Built in 1915 | Remodeled in 2016

Lot Details

  • End Unit
  • Cul-De-Sac

HOA Fees

  • $406 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,729 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Family Room with Fireplace
  • Formal Dining Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Deck
  • Brick Porch or Patio

Schools

  • Mccutcheon Elementary School
  • Senn High School

Utilities

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

Community Details

Overview

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

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,140

Year Built

Built in 1915 | Remodeled in 2016

Lot Details

0

HOA Fees

$406 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex,Condo,Low Rise (1-3 Stories)
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Open Floorplan, Some Carpeting, Drapes/Blinds, Granite Counters
  • LivingArea: 2729
  • Other Equipment: Humidifier, TV-Cable, Security System, Intercom, Ceiling Fan(s)
  • Room Type: Storage, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio, End Unit
  • List Price: 595000
  • Lot Features: Corner Lot, Cul-De-Sac
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, In Bathroom
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 406
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: HOA
  • Management Phone: 555-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, 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

  • Lot Dimensions: COMMON
  • 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: 8140
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 19, 2024
Sold by
Justin K Kessler Living Trust and Nicole Gustafson Living Trust
Bought by
Ojeda Auriana P and Lewis Albert M
Seller's Agent
Jason Rowland
Compass
Buyer's Agent
Michele Parisotto
Jameson Sotheby's Intl Realty
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Views
33
Current Estimated Value
$632,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,568
Avg. Annual Appreciation
6.93%
Original Mortgage
$485,000
Outstanding Balance
$480,119
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$152,449

Purchase Details

Closed on
Oct 12, 2022
Sold by
Kessler Justin and Kessler Nicole Gustafson
Bought by
Justin K Kessler Living Trust and Nicole Gustafson Kessler Living Trust

Purchase Details

Listed on
Mar 10, 2016
Closed on
Apr 27, 2016
Sold by
Alleman Anthony and Alleman Emily
Bought by
Kessler Justin and Gustalson Nicole
Seller's Agent
Randie Shapiro
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jason Rowland
Compass
List Price
$409,000
Sold Price
$387,500
Premium/Discount to List
-$21,500
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$348,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2012
Closed on
Jun 5, 2012
Sold by
Rosenthal Lynn Gillow and Gillow Lynn A
Bought by
Alleman Anthony L and Alleman Emily Walton
Seller's Agent
Terry Philips
Compass
Buyer's Agent
Randie Shapiro
Berkshire Hathaway HomeServices Chicago
List Price
$339,000
Sold Price
$305,750
Premium/Discount to List
-$33,250
-9.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$180,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2008
Sold by
Gillow Lynn A and Rosenthal Gordon Lee
Bought by
Gillow Lynn A

Purchase Details

Closed on
Apr 29, 1997
Sold by
Ohle Gale A
Bought by
Rosenthal Gordon Lee and Gillow Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,200
Interest Rate
8.05%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Ojeda Auriana P $590,000 None Listed On Document
Justin K Kessler Living Trust -- None Listed On Document
Kessler Justin $387,500 Chicago Title
Alleman Anthony L $306,000 Multiple
Gillow Lynn A -- None Available
Rosenthal Gordon Lee $182,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojeda Auriana P $485,000
Previous Owner Kessler Justin $70,700
Previous Owner Kessler Justin $313,000
Previous Owner Kessler Justin $348,750
Previous Owner Alleman Anthony L $180,750
Previous Owner Rosenthal Lynn Gillow $198,000
Previous Owner Rosenthal Gordon L $50,000
Previous Owner Rosenthal Gordon Lee $210,000
Previous Owner Rosenthal Gordon $25,000
Previous Owner Rosenthal Gordon Lee $193,000
Previous Owner Rosenthal Gordon Lee $10,000
Previous Owner Rosenthal Gordon Lee $164,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $590,000 -0.8% $216 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/14/2024 07/14/24 For Sale $595,000 +53.5% $218 / Sq Ft
04/27/2016 04/27/16 Sold $387,500 -5.3% $142 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $409,000 +33.8% $150 / Sq Ft
06/15/2012 06/15/12 Sold $305,750 -9.8% $112 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $339,000 -- $124 / 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 $8,373 $44,237 $10,779 $33,458
2023 $8,140 $43,000 $9,311 $33,689
2022 $8,140 $43,000 $9,311 $33,689
2021 $8,647 $42,998 $9,310 $33,688
2020 $7,441 $33,401 $6,021 $27,380
2019 $7,396 $36,813 $6,021 $30,792
2018 $7,272 $36,813 $6,021 $30,792
2017 $6,330 $29,405 $5,298 $24,107
2016 $5,889 $29,405 $5,298 $24,107
2015 $5,388 $29,405 $5,298 $24,107
2014 $5,924 $31,927 $4,386 $27,541
2013 $5,807 $31,927 $4,386 $27,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12110586

Midwest Real Estate Data (MRED)

APN: 14-08-412-034-1002