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Residential > Condo
Sold
09/02/2021
Sold Price
$2,426,500$--/ft²

850 Margate Ter 501
Chicago, IL 60640

  • -
    Bed
  • -
    Bath
  • -
    Living Area
  • 10,000
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1973
    Year Built
  • -
    DOM
  • 3
    Permits
850 Margate Ter 501, Chicago, IL 60640 is a condo built in 1973 on a 0.230 acre lot with 3 construction permits.

    Property Valuations

    Latest estimates for 850 Margate Ter 501 based on TopHap automated valuation model (AVM).

    • TopHap Estimate

      $147,613

      -$2M below Sold Price

      Updated 5 months ago

      • 850 Margate Ter 501 is valued at $147,613 by TopHap AVM 5 months ago.

    • Last Sold Price

      $2,426,500

      2 years ago

      • 850 Margate Ter 501 was last sold in 2021 for $2,426,500.

    Permits

    850 Margate Ter 501 has 3 permit records of total value of $33,400.

    Permit History
    3
    Permits
    $33,400
    Total Permit Value
    August 13, 2018
    Description: Install complete cylinder replacement to include all new pit equipment and complete piping from cylinder to power unit on (1) 1500# 5-stop passenger elevator all work to be done as per scope of work and in accordance to current city of chicago elevator codes. Pursuant to the scope of work submitted. Ev004096Job Value: $33,000Status: issuedType: Elevator equipmentBusiness Name: Complete Elevator Service INCApplicant: Grubb Property Management,incFees: $405Effective Date: 2018-08-13Permit Number: 100777373
    November 7, 2016
    Description: New roof replacementStatus: issuedType: Easy permit processApplicant: Marcie GrubbFees: $525Effective Date: 2016-11-07Permit Number: 100678560
    August 16, 2012
    Description: Install a smoke/carbon monoxide detector in laundry roomJob Value: $400Status: issuedType: Electric wiringBusiness Name: Chavez ElectricApplicant: Margate Terrace Condominuim AssociationFees: $50Effective Date: 2012-08-16Permit Number: 100454000

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$2,010.71
      From latest Total Assessed Value20.11%
      Total Assessed Value$9,999
      =
      Land
      Assessed Value      $2,682
      +
      Additions
      Assessed Value      $7,317

      • In 2021, taxes billed for 850 Margate Ter 501 were $2,010.71, which is 20.11% from latest Total Assessed Value of $9,999.

    Property History

    850 Margate Ter 501 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 850 Margate Ter 501

    • Hazard Risks

      Wind
      157
      Hail
      147
      Particulates
      140
      Ozone
      111
      Air Pollution
      109
      Nat'l Avg
      100
      Carb Mono
      96
      Tornado
      83
      Lead
      54
      Weather
      54
      Earthquake
      41
      Hurricane
      12

      • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 850 Margate Ter 501.

      Walkability Index

      0 /20

      Car Dependent

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      850 Margate Ter 501 has a walkability score of 0 out of 20, which means that it is in a car dependent area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      26 °F

      Low

      19°F

      High

      34°F

      Summer
      Average

      71 °F

      Low

      62°F

      High

      81°F

      In the winter at 850 Margate Ter 501, temperatures range from 19.16°F to 33.72°F with an average of 26.44°F. In the summer, the temperature ranges from 61.94°F to 80.54°F with and average of 71.24°F.

    School Information

    Public/private schools serving 850 Margate Ter 501

      Public Schools

      McCutcheon Elementary School
      Grades: PK-8
      0.15  mi
      D
      Senn High School
      Grades: 9-12
      1.35  mi
      C-
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 850 Margate Ter 501 have ratings undefined, and undefined.

    Nearby Properties on Margate Ter

    USAILCook CountyChicagoMargate Ter