NOT LISTED FOR SALE

941 W Winona St Unit 1W Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $492,000 - $564,319

3 Beds
2 Baths
1,800 Sq Ft
$450/mo HOA Fee

Last Sold May 31, 2022

Last sale price $440,000 $244 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,571/month

7 Days on Market

Highlights

  • Wood Flooring
  • Sundeck
  • Stainless Steel Appliances
  • Sun or Florida Room
  • Breakfast Room
  • 4-minute walk to Buttercup Park

About This Home

As of May 2022

Welcome to this gorgeous vintage building on a quiet residential street in wonderful Margate Park, walking distance to the lakefront. Enter through a gracious foyer that leads to a large living room with attached sunroom that fills the space with abundant natural light. Notice the charming details: crown molding, leaded glass windows and an antique bookcase . Unit has three bed/two baths and an amazing chefs' kitchen with granite countertops and stainless appliances that include a professional range. Glowing hardwood floors throughout, a formal dining room great for entertaining and a cozy breakfast room just off the kitchen. Large sun deck and ample storage complete this impeccably maintained building. Convenient indoor rental parking available.

Last Agent to Sell the Property

Debi Weinberg

@properties Christie's International Real Estate License #475126112 Listed on: 04/20/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Angela Quashie

Baird & Warner License #475188172

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,266

Year Built

  • Built in 1916 | Remodeled in 2013

Lot Details

  • 7,710

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Oor Association
  • Property managed by OOR

Amenities

  • Sundeck
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,266

Year Built

Built in 1916 | Remodeled in 2013

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1916
  • 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: 1
  • Rehab Year: 2013
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2013

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
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 1800
  • Room Type: Breakfast Room, Foyer, Sun Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 430000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Steam, Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 450
  • Association Amenities: Bike Room/Bike Trails, Storage, Sundeck
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: OOR
  • Management Contact Name: OOR
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • 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: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5265.97
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 23, 2022
Sold by
Anderson Collin S
Bought by
Abrams Karen Elizabeth
Seller's Agent
Debi Weinberg
@properties Christie's International Real Estate
Buyer's Agent
Angela Quashie
Baird & Warner
List Price
$430,000
Sold Price
$440,000
Premium/Discount to List
$10,000
2.33%
Current Estimated Value
$524,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,080
Avg. Annual Appreciation
5.35%
Original Mortgage
$170,000
Outstanding Balance
$163,324
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$359,301

Purchase Details

Closed on
Jul 19, 2016
Sold by
Anderson Collin and Studer Emily
Bought by
Anderson Collin S and Anderson Emily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2013
Closed on
Nov 13, 2013
Sold by
2412 W Bryn Mawr Unit 3N Llc
Bought by
Anderson Collin and Studer Emily
Seller's Agent
Alice Berger
@properties Christie's International Real Estate
Buyer's Agent
Alice Berger
@properties Christie's International Real Estate
List Price
$314,900
Sold Price
$313,900
Premium/Discount to List
-$1,000
-0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$251,120
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2013
Sold by
Kauffman Barbara
Bought by
2412 W Bryn Mawr Unit 3N Llc

Purchase Details

Closed on
Sep 13, 2003
Sold by
Jensen Gerald H and Sauer Richard D
Bought by
Kauffman Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 20, 1998
Sold by
Viehweg James and Kralis Kelly A
Bought by
Jensen Gerald H and Sauer Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.25%

Purchase Details

Closed on
Jul 24, 1996
Sold by
Viti Kristine K and Kaep Kristine A
Bought by
Viehweg James and Kralis Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
8.12%
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
Abrams Karen Elizabeth $440,000 None Listed On Document
Anderson Collin S -- First American Title
Anderson Collin $314,000 Cti
2412 W Bryn Mawr Unit 3N Llc $159,000 Cti
Kauffman Barbara J $335,000 Chicago Title Insurance Comp
Jensen Gerald H $155,000 Professional National Title
Viehweg James $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abrams Karen Elizabeth $170,000
Previous Owner Anderson Collin S $241,000
Previous Owner Anderson Collin $251,120
Previous Owner Kauffman Barbara J $268,000
Previous Owner Shepherd Daniel P $45,743
Previous Owner Jensen Gerald H $134,250
Previous Owner Jensen Gerald H $26,850
Previous Owner Jensen Gerald H $139,500
Previous Owner Viehweg James $147,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $440,000 +2.3% $244 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $430,000 +37.0% $239 / Sq Ft
11/13/2013 11/13/13 Sold $313,900 -0.3% $157 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $314,900 -- $157 / 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 $3,942 $41,164 $10,613 $30,551
2023 $3,821 $22,000 $9,486 $12,514
2022 $3,821 $22,000 $9,486 $12,514
2021 $3,754 $21,999 $9,486 $12,513
2020 $5,266 $26,741 $5,929 $20,812
2019 $5,234 $29,481 $5,929 $23,552
2018 $5,145 $29,481 $5,929 $23,552
2017 $6,757 $31,389 $5,217 $26,172
2016 $6,287 $31,389 $5,217 $26,172
2015 $5,752 $31,389 $5,217 $26,172
2014 $5,067 $27,307 $4,031 $23,276
2013 $4,966 $27,307 $4,031 $23,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11378311

Midwest Real Estate Data (MRED)

APN: 14-08-407-024-1004