5 months on rocket

Backup Offers

924 W Margate Ter Unit 2E, Chicago, IL, 60640

$569,000

Home List Price

$6,757*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,000 SqFt
$285/SqFt
Condo

Location

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924 W Margate Ter Unit 2E, Chicago$569,000

Buyer Closing Credits

$6,757*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Off Alley
Year Built1922
HeatingNatural Gas, Forced Air, Other
CoolingCentral Air
FireplaceWood Burning, Gas Starter
MLS #12077317
StatusAccepting Backup Offers
(Contingent)

About 924 W Margate Ter Unit 2E

Beautifully renovated and spacious 3BR/2.5BA home in Margate Park! Features modern upgrades and convenient location near the lakefront and amenities. The combination of classic architecture with contemporary enhancements like quartz countertops, stainless steel appliances, and vinyl plank flooring creates a comfortable and stylish living space. The large windows and sunroom overlooking the tree tops provide lots of natural light. With three bedrooms, including a primary bedroom with an Ensuite bathroom, this home offers both privacy and comfort. The gas fireplace in the living room adds a cozy touch, ideal for relaxing evenings. Other upgrades include laundry in unit, large private balcony and deeded parking included. The proximity to Montrose beach, running-bike trails, shopping, restaurants, nightlife, and transportation highlights the convenience and vibrant lifestyle this location offers. Modern living and classic charm on Chicago's beautiful lakefront.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 3
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 733-7201
  • Listing Agent: Mauricio Ortiz

Interior Features

Interior Information:

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: No
  • Interior: Hardwood Floors, Laundry Hook-Up in Unit, Drapes/Blinds, Separate Dining Room
  • Fireplace: Wood Burning, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Storms/Screens

Parking Information:

  • Parking: Assigned, Off Alley

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: MARINE DRIVE TO AINSLIE WEST, FOLLOW AROUND TO MARGATE

Price Information

Listing Price Info

Price Summary:

  • List Price: $569,000
  • Price Per SqFt: $285/SqFt

HOA Fees:

  • Amount: $333
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

924 W Margate Ter Unit 2E vs Chicago

161 DAYS ON ROCKET

+129 Days

$569,000

+$208.6K More

$285/SqFt

+$25 More

KEY TAKEAWAY

This property is $208.6K more than the Median Sold Price and $25/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12077317

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 733-7201
  • Listing Agent: Mauricio Ortiz

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1077328
4
/10
  • New Field Elementary School

  • 1707 W Morse Ave

  • 2.59 miles

  • Public District Grades KG-3

school-card-donut-1077329
5
/10
  • Hibbard Elementary School

  • 3244 W Ainslie St

  • 2.92 miles

  • Public District Grades PK-6

school-card-donut-1077330
4
/10
  • Henry Elementary School

  • 4250 N Saint Louis Ave

  • 3.33 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,606. Typical income of Chicago, IL residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 924 W Margate Ter Unit 2E

What is the listing price of this property?

The listing price of 924 W Margate Ter Unit 2E property is $569,000.

What type of property is this?

The property 924 W Margate Ter Unit 2E is a condo located in Chicago, Illinois, 60640.

Is this property for sale now?

Accepting Backup Offers: 924 W Margate Ter Unit 2E is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 924 W Margate Ter Unit 2E has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 924 W Margate Ter Unit 2E is 2,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 924 W Margate Ter Unit 2E is 1922.

Rocket Homes›Illinois›Cook County›Chicago›60640›924 W Margate Ter Unit 2E

This home is located at 924 W Margate Ter Unit 2E in Chicago, IL and zip code 60640 in the Uptown neighborhood. This 2,000 square foot home was built in 1922. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 15, 2024 and is currently priced at $569,000.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. In October 2024 in Chicago, IL there were 14.5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $360,336, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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