NOT LISTED FOR SALE

Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $141,867 - $151,000

1 Bed
1 Bath
-- Sq Ft
127,631 Sq Ft Lot

Sale Details

Date Sold: May 27, 2022

Last sale price $145,000

Current estimated payment $1,536 / mo

12 Days on Market

Highlights

  • Doorman
  • Rooftop Deck
  • Landscaped Professionally
  • Fitness Center
  • Waterfront
  • 1-minute walk to Bill Hersh Playground

About This Home

As of May 2022

South-East facing with view of the lake and downtown. Full amenity building that includes on-site management office & maintenance, 24 hr front desk staff, package receiving, laundry room, gym, business center, community center, 2 rooftop decks with 360 views of lake and city, bike rooms, and more. Bus stop right in front of building and red line nearby. Close to restaurants, stores and historical music venues. Steps from the lakefront bike/running path. Assessment include heat and internet access. Building is FHA approved. Association has $3.6 m in reserves and no specials are scheduled. Unit can be rented out as long as owner occupancy is 51%, currently at 60%. Parking can be rented, price range $150-$170.

Last Agent to Sell the Property

Susan Strange

Coldwell Banker Realty License #475189307 Listed on: 04/01/2022

Coldwell Banker Realty

Last Buyer's Agent

Inesa Tomaszewski

Alpine Real Estate Partners In License #471000734

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1953 | Remodeled in 2004

Lot Details

  • Waterfront
  • End Unit
  • Landscaped Professionally

HOA Fees

  • $573 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Door Monitored By TV
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Rooftop Deck

Schools

  • Mccutcheon Elementary School
  • Senn High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 570 Units
  • Unissa Khan Association, Phone Number (773) 878-5900
  • High-Rise Condominium
  • Shoreline Park Subdivision
  • Property managed by Sudler
  • 15-Story Property

Amenities

  • Doorman
  • Sundeck
  • Common Area
  • Business Center
  • Coin Laundry
  • Package Room
  • Elevator

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,519

Year Built

Built in 1953 | Remodeled in 2004

Lot Details

2.93 Acres

HOA Fees

$573 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Shoreline Park
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 11
  • Rehab Year: 2004
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15
  • Year Renovated: 2004

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: Foyer
  • Stories Total: 15
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Roof Deck, Storms/Screens, End Unit, Door Monitored By TV
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Landscaped, Water View
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 573
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Park, Sundeck, Receiving Room, Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Unissa Khan
  • Management Phone: 773-878-5900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Mccutcheon Elementary School
  • High School: Senn High School

Lot Info

  • Additional Parcels: No
  • 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: 1518.76
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2025
Sold by
Tomaszewski Sebastian
Bought by
Irizarry Jonathan
Current Estimated Value
$145,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,184
Outstanding Balance
$147,184
Interest Rate
6.34%
Mortgage Type
FHA
Estimated Equity
-$1,967

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 18, 2022
Sold by
Siu Ivy
Bought by
Tomaszewski Sebastian
Seller's Agent
Susan Strange
Coldwell Banker Realty
Buyer's Agent
Inesa Tomaszewski
Alpine Real Estate Partners In
List Price
$115,000
Sold Price
$145,000
Premium/Discount to List
$30,000
26.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%
Original Mortgage
$130,500
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2004
Sold by
Krah Brian S
Bought by
Siu Ivy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2001
Sold by
Shoreline Park Of Chicago Llc
Bought by
Krah Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Irizarry Jonathan $150,000 Saturn Title
Tomaszewski Sebastian $124,000 Baird & Warner Title
Siu Ivy $144,000 Git
Krah Brian S $163,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irizarry Jonathan $147,184
Previous Owner Tomaszewski Sebastian $130,500
Previous Owner Siu Ivy $115,200
Previous Owner Krah Brian S $131,200
Closed Krah Brian S $16,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $145,000 +26.1% --
04/14/2022 04/14/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $115,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $2,241 $13,413 $2,144 $11,269
2024 $2,241 $13,413 $2,144 $11,269
2023 $1,481 $10,622 $1,920 $8,702
2022 $1,481 $10,622 $1,920 $8,702
2021 $1,466 $10,620 $1,919 $8,701
2020 $1,519 $9,920 $1,197 $8,723
2019 $1,508 $10,934 $1,197 $9,737
2018 $1,481 $10,934 $1,197 $9,737
2017 $980 $7,926 $1,053 $6,873
2016 $1,087 $7,926 $1,053 $6,873
2015 $972 $7,926 $1,053 $6,873
2014 $729 $6,497 $814 $5,683
2013 $703 $6,497 $814 $5,683
Source: Public Records

Agents Affiliated with this Home

  • Susan Strange

    Seller's Agent in 2022

    Susan Strange

    Coldwell Banker Realty

    (773) 742-4918

    44 in this area

    67 Total Sales

    Susan Strange
    Section Image
  • Inesa Tomaszewski

    Buyer's Agent in 2022

    Inesa Tomaszewski

    Alpine Real Estate Partners In

    (847) 521-2229

    3 in this area

    14 Total Sales

    Inesa Tomaszewski
    Section Image
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About This Building

Source: Midwest Real Estate Data (MRED)

MLS Number: 11363626

Midwest Real Estate Data (MRED)

APN: 14-08-412-040-1368

Illinois Cook County Chicago 60640

Margate Park

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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