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857 West Ainslie Street

857 West Ainslie Street, Chicago, IL 60640
857 West Ainslie Street is a condo located in Margate Park, Chicago. The building was first built in 1927 and is 97 years old. The lot that the building was built on is 1,250 feet wide and 1,200 feet long. 857 West Ainslie Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 3 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 107 days and tend to sell below the original asking price of $249,900 by 1.16%. Meaning, listings tend to sell at a median of $192 price per square foot. The transaction that took the longest to complete was unit G, listed on Oct 21, 2019 for $249,900. This particular unit ultimately sold 107 days later for $247,000. The most recent transaction was for unit 2, sold for $385,000 on Apr 14, 2021. Fun fact, the oldest transaction we have on record took place on Apr 25, 2012. See the full transaction history for 857 West Ainslie Street below.

Margate Park, where 857 West Ainslie Street is located, has a median asking price of $280,000 for condo buildings. Meanwhile, the building itself has a median asking price of $249,900. For interested buyers, that means the building's median asking price is around 0.11% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191021 Unit G
10/21/2019
G
2 Bed
2 Bath
1300 ft²
$249,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
$247,000 -1.16%
02/05/2020
Robert Nelson

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: High-rise
  • Floor Count: 6
  • Living Units: 77
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPOORS SUB
  • Land Acres: 0.344
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: GEO K (SPOORS) SUB OF BLK4 OF CONARROES RESUB IN SE SEC 08-40-14

Ownership

  • Current Owner : HORIZON GROUP II LLC
  • Previous Owner : WESTERN SPRINGS NATIONAL BANK & TRUST
  • Owner Before Previous Owner: FIRST AMERICAN BANK
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 031100

Zoning

  • Zoning: RM-6.5

Geography

  • Assessors Map Reference: 17S-90-04
  • District: 73
  • Parcel: 14-08-412-007-0000
  • Block: 4
  • Lot: 13,12
  • Meridian: SEC 08 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9732
  • Longitude: -87.6525

    Address

  • Full Address: 857 W Argyle St
  • Address - House Number: 857
  • Street Direction: W
  • Address - Street Name: Argyle
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Zip Code: 60640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $132,738
  • Tax Rate Code Area: 73105

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,850,000
  • First Open Lien Mortgage Lender: SABAL CAPITAL II, LLC
  • First Open Lien Mortgage Recording Date: May 04, 2023
  • First Open Lien Mortgage Loan Amount: $6,850,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2028

    Market Valuation

  • Market Total Value: $6,453,560
  • Market Land Value: $750,000
  • Market Improvement Value: $5,703,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $645,356
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $570,356

    Sales

  • Current Sale Contract Date: Jun 23, 2003
  • Current Sale Recording Date: Jul 15, 2003
  • Current Sale Transaction ID: 1177021078
  • Current Sale Price: $4,750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0319633228
  • Previous Sale Recording Date: Aug 17, 1999
  • Previous Sale Contract Date: Aug 16, 1999
  • Previous Sale Amount: $3,200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LA SALLE BANK NA
  • First Mortgage Transaction Date: Jul 15, 2003
  • First Mortgage Loan Amount: $4,550,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2008

    Previous Mortgages

  • Previous Mortgage Lender: FIRST AMERICAN BANK
  • Previous Mortgage Transaction Date: Aug 17, 1999
  • Previous Mortgage Loan Amount: $1,275,281
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About North Side



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Frequently Asked Questions

What neighborhood is 857 West Ainslie Street located in?
The 857 West Ainslie Street is a condo located in the neighborhood of Margate Park in North Side, Chicago.
What is the average sales price for listings in 857 West Ainslie Street?
The average sales price for units in 857 West Ainslie Street is $249,900 , or $192/sqft. currently.

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