NOT LISTED FOR SALE

941 W Argyle St Unit 1E Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $497,000 - $549,502

3 Beds
2 Baths
1,800 Sq Ft
$241/mo HOA Fee

Last Sold August 20, 2021

Last sale price $425,000 $236 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,723/month

24 Days on Market

Highlights

  • Lock-and-Leave Community
  • 4-minute walk to Argyle Station
  • Sun or Florida Room
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • 1-minute walk to Buttercup Park

About This Home

As of August 2021

Incredibly Charming 3 Bedroom Condo in Uptown's Margate Park Marvelously Located Steps from Lake Michigan, The Argyle El Stop, LSD, Mariano's, and Foster Beach. Expansive 1,800 Sq Ft with 2 Living Areas Ideal for Entertaining or Formal Dining plus Added Flex Space in Sun Room. Unit Highlights Also Include All New Windows (2021), New Water Heater (2021), Updated Bathrooms, Custom Closets, Hardwood Floors Throughout, Wood Burning Fire Place, 42" Cabinets with Stainless Appliances, and Washer/Dryer In-Unit. Move-In Ready Condition with Tasteful Updates Throughout. Currently 100% Owner Occupied and 1 Unit Allowed to Rent at a Time. 1 Exterior Parking Space Included and Storage.

Last Agent to Sell the Property

Prashanth Pathy

Compass License #475129926 Listed on: 06/03/2021

Compass

Co-Listed By

Anthony Giusti

Compass License #475170999

Last Buyer's Agent

Alma Dynia

Real People Realty License #475164747

Real People Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,818

Year Built

  • Built in 1918

Lot Details

  • 6,882

HOA Fees

  • $241 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Family or Dining Combination
  • Sun or Florida Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, parking, insurance, scavenger
  • 6 Units
  • Terry Ayers Association
  • Low-Rise Condominium
  • Lock-and-Leave Community

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,818

Year Built

Built in 1918

Lot Details

0

HOA Fees

$241 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Year Built: 1918
  • 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): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • 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
  • LivingArea: 1800
  • Room Type: Enclosed Porch, Sun Room
  • Stories Total: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Fireplace Location: Family Room,Master Bedroom

Exterior Features

  • List Price: 435000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 241
  • Association Amenities: Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: Terry Ayers
  • Management Phone: 999-999-9999

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Scavenger

Schools

  • 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: 999

Tax Info

  • Tax Annual Amount: 7817.53
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 13, 2021
Sold by
Claver Josh and Claver Alyssa
Bought by
Holloway Andrew J
Seller's Agent
Prashanth Pathy
Compass
Buyer's Agent
Alma Dynia
Real People Realty
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$522,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,126
Avg. Annual Appreciation
4.00%
Original Mortgage
$318,750
Outstanding Balance
$292,357
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$202,378

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 9, 2016
Sold by
Dipascal Aileen A
Bought by
Claver Josh and Antram Alyssa
Seller's Agent
Sam Shaffer
Chicago Properties Firm
Buyer's Agent
Prashanth Pathy
Compass
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$327,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2013
Closed on
Oct 16, 2013
Sold by
Arehart Christopher T and Arehart Elizabeth A
Bought by
Dipascal Aileen A
Seller's Agent
Eva Lakomiec
@properties Christie's International Real Estate
Buyer's Agent
Lisa Madonia
@properties Christie's International Real Estate
List Price
$339,000
Sold Price
$323,500
Premium/Discount to List
-$15,500
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%

Purchase Details

Closed on
Jun 24, 2009
Sold by
Bradshaw Gregory and Bradshaw Nikki
Bought by
Arehart Christopher T and Arehart Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,800
Interest Rate
4.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2004
Sold by
Abraham Robert B
Bought by
Bradshaw Gregory and Bergfeld Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2002
Sold by
Peters Linda M
Bought by
Abraham Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.25%
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
Holloway Andrew J $425,000 Chicago Title
Claver Josh $345,000 Chicago Title
Dipascal Aileen A $323,500 Stewart Title Company
Arehart Christopher T $282,000 None Available
Bradshaw Gregory $308,500 Atgf Inc
Abraham Robert B $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holloway Andrew J $318,750
Previous Owner Claver Josh $327,750
Previous Owner Arehart Christopher T $235,400
Previous Owner Arehart Christopher T $253,800
Previous Owner Bradshaw Gregory $166,000
Previous Owner Abraham Robert B $230,000
Closed Abraham Robert B $28,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $425,000 -5.6% $236 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $450,000 +30.4% $250 / Sq Ft
12/09/2016 12/09/16 Sold $345,000 -1.4% $192 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $349,900 +8.2% $194 / Sq Ft
10/21/2013 10/21/13 Sold $323,500 -4.6% $180 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
08/18/2013 08/18/13 For Sale $339,000 -- $188 / 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 $7,173 $38,348 $8,507 $29,841
2023 $6,993 $34,000 $7,348 $26,652
2022 $6,993 $34,000 $7,348 $26,652
2021 $6,837 $33,998 $7,347 $26,651
2020 $7,865 $35,305 $4,751 $30,554
2019 $7,818 $38,910 $4,751 $34,159
2018 $7,686 $38,910 $4,751 $34,159
2017 $6,267 $29,114 $4,181 $24,933
2016 $5,831 $29,114 $4,181 $24,933
2015 $5,335 $29,114 $4,181 $24,933
2014 $4,871 $26,253 $3,461 $22,792
2013 $4,297 $26,253 $3,461 $22,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11109259

Midwest Real Estate Data (MRED)

APN: 14-08-412-032-1005