Margate Park
851 W Gunnison Street, Chicago, IL, 60640
Year Built
1991
# Stories
4
# Total Units
10
Unit Size Range
2,582-2,682 sqft
Unit Demand
Low
Unit Availability
Low
About Margate Park
Margate Park is located at 851 W Gunnison Street in Chicago. This mid-rise building has 4 stories and 10 units. Constructed in 1991, it offers spacious living options. Each unit has either 3 or 4 bedrooms, giving plenty of room for families or those wanting extra space. The units range in size from 2,582 to 2,682 square feet. Prices for the condos fall between $655,000 and $665,500. The average price of a closed unit is around $605,000. These homes provide a good investment in a vibrant neighborhood. Living in Margate Park means enjoying amenities like an intercom system, laundry, a patio, and a sundeck. These features create a comfortable and enjoyable living experience. The building's design encourages a sense of community among residents. Units are selling at an average of 65 days on the market. This time allows buyers to explore their options in a lively area. Nearby, you can find places like Eat and Sweets Cafe Inc, Papa Rays Pizza & Wings, and Uptown Deli and Coffee for dining needs. Parking is available, adding to the practicality of the building. Residents also benefit from the neighborhood's access to local roads. The location offers easy travel around Chicago and nearby outdoor spots like Lake Michigan. This gives options for relaxation and recreation.
Amenities
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
Margate Park Market Report (last 12 months)
0
65
8.37%
1Margate Park Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | J | - | 4 | 3 | 65 | 2024-10-30 MLS#: 12147181 | Closed | $605,000 |
 | G | - | 4 | 3 | 19 | 2024-03-26 MLS#: 11997918 | Closed | $665,500 |
 | L | 2632 | 4 | 5 | 134 | 2024-01-19 MLS#: 11860230 | Closed | $655,000 |
4 Beds
3 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2024-03-26 | Closed | $665,500 |
4 Beds
3 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2024-10-30 | Closed | $605,000 |
4 Beds
5 Baths
2632 sqft
| Date | Status | Price |
|---|---|---|
| 2024-01-19 | Closed | $655,000 |
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| Margate Park | - | - |
| 828 W Gunnison St | $308/sqft. | $5 /sqft. |
| Lakeside | $296/sqft. | $3 /sqft. |
| 827 W Lawrence Ave | $296/sqft. | $3 /sqft. |
| Lakeside | $125/sqft. | $3 /sqft. |
| 4880 N Marine Dr | $218/sqft. | $2 /sqft. |
Nearby Schools
Discover top-rated schools located close to Margate Park.
McCutcheon Elementary School
DUplift Community High School
FYccs-Truman Middle College High School
--Goudy Elementary School
BBrennemann Elementary School
CSt Mary of the Lake School
--
View nearby schools
Schools
McCutcheon Elementary School
DUplift Community High School
FYccs-Truman Middle College High School
--Goudy Elementary School
BBrennemann Elementary School
CSt Mary of the Lake School
--Courtenay Elementary School
C+Disney Elementary Magnet School
APark View Montessori School - Chicago
--Ravenswood Elementary School
A-Greeley Elementary School
B+Peirce Elementary School
CMcPherson Elementary School
CGerman International School Chicago
--Lake View High School
C-Bernard Zell Anshe Emet Day School
--Asian Human Services -Passage Charter
C-Lycee Francais de Chicago
--Swift Elementary School
CRogers Park Montessori School
--Blaine Elementary School
A-Inter-American Elementary Magnet School
B+Amundsen High School
BChicago Friends School
--Pilgrim Lutheran School
--Senn High School
C-Ravenswood Christian School
--North Park Elementary School
--Chappell Elementary School
CSacred Heart Schools
--St Matthias School
--St Andrew School
--Hawthorne Elementary Scholastic Academy
AHayt Elementary School
C+Coonley Elementary School
B+Hamilton Elementary School
B+Queen of Angels Elementary School
--Nettelhorst Elementary School
BTransit
Experience convenience and connectivity with premium transit options just moments away.
856 W Lawrence
4646 N Marine Drive
Broadway & Ainslie
Argyle
Broadway & Argyle
Berwyn & Kenmore
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Transit
856 W Lawrence
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Berwyn
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Ashland & Wilson
Ashland & Foster
Ashland & Montrose
Ashland & Berwyn
Ashland & Balmoral
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3930 N Clark
Ashland & Gregory
Broadway & Ardmore
Ashland & Bryn Mawr
Ashland & Irving Park
Ashland & Hollywood
Addison & Lake Shore
Addison & Pine Grove
Addison-Red
Broadway & Addison
Addison & Fremont
Addison (Red)
Addison & Halsted
Addison Red Line Station
Addison & Broadway
Addison & Clark
Ashland & Grace
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Addison & Lakewood
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Ainslie & Western
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Addison (Brown)
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Addison Brown Line Station
The Neighborhood: Uptown
Uptown, located in Cook County, IL, is a vibrant neighborhood known for its rich cultural diversity and historic architecture. The area is celebrated for its entertainment venues, including the iconic Aragon Ballroom and Riviera Theatre, which host a variety of live performances. Residents and visitors alike can enjoy a wide array of dining options, ranging from cozy cafes to international cuisine. The neighborhood offers plentiful amenities, with several parks and lakefront access for outdoor activities. Uptown is well-connected to public transportation, making commuting to downtown Chicago convenient and efficient.
Demographics For all Uptown listings
AVERAGE RESIDENT AGE
39 years old
AVERAGE HOUSEHOLD INCOME
$65,694/year
AVERAGE HOUSEHOLD COMPOSITION
2 People
What to know about Uptown demographics:
- Approximately 34.72% of residents hold a Bachelor's degree, reflecting a substantial college-educated population that supports professional and amenity-driven demand.
- The average age is 39 years, with the largest age cohort between 35 and 39 — a demographic profile well suited to young professionals and growing households.
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