857 West Margate Terrace

857 West Margate Terrace in Chicago, IL was first built in 1927 and is 97 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a high-rise style. There are a total of 6 floors. The linear feet across the front of the lot is 1,250 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 15,000 square feet.

Learn more about the property and building on this page. The property was last sold in Jun 23, 2003 for $4,750,000. Prior to that sales transaction, the property was also sold in Aug 16, 1999 for $3,200,000. 857 West Margate Terrace was last assessed in 2023. The total value of the property was assessed at $645,356. Specifically, the land the property is located on was valued at $75,000. While improvements on the property were assessed at a total of $570,356. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $132,738. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.