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Condos for Sale in Margate Park, Chicago

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Overview
Market Summary
1 Bedroom Condos
2 Bedroom Condos
3+ Bedroom Condos
Pet-Friendly Condos
Fitness & Wellness Condos
Condos with Stunning Views
Schools
Neighbourhood
Demographics

About Margate Park

Margate Park, a charming neighborhood in Chicago, boasts scenic lakefront views and lush green spaces that create a serene atmosphere. This district is home to the popular Margate Park itself, offering recreational activities for all ages, as well as nearby cultural attractions like the Argyle Street market. Residents benefit from excellent schools and a diverse array of restaurants and shops. Transportation is straightforward, with easy access to public transit options, ensuring a seamless commute throughout the city.

Margate Park Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size773.25 sqft

2 Bedroom avg size1183.86 sqft

3 Bedroom avg size1858 sqft

Pricing and Liquidity

No price and liquidity data available.

1 Bedroom Condos

AVG PPSF$201.21 /sqft

AVG SOLD PRICE$158,722.51

AVG DAYS ON MARKET72 Days

Featured Buildings

4880 N Marine Dr

4880 N MARINE DR UNIT 606,CHICAGO,IL

1 unit available

5040 - 5060 North Marine Drive Condominiums

5048 N MARINE DRIVE,CHICAGO,IL

0 unit available

5000 N Marine Dr

5000 N MARINE DR UNIT 9C,CHICAGO,IL

0 unit available

View 1-Bedroom Condos

2 Bedroom Condos

AVG PPSF$250.15 /sqft

AVG SOLD PRICE$310,884.21

AVG DAYS ON MARKET69 Days

Featured Buildings

5100 N Marine Dr

5100 N MARINE DR UNIT 17L,CHICAGO,IL

2 units available

4980 N Marine Dr

4980 N MARINE DR,CHICAGO,IL

0 unit available

5000 N Marine Dr

5000 N MARINE DR UNIT 9C,CHICAGO,IL

0 unit available

View 2-Bedroom Condos

3+ Bedroom Condos

AVG PPSF$290.27 /sqft

AVG SOLD PRICE$537,000

AVG DAYS ON MARKET71 Days

Featured Buildings

Margate Park

851 W GUNNISON STREET,CHICAGO,IL

0 unit available

847 W Ainslie St

847 W AINSLIE ST,CHICAGO,IL

5 units available

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Pet-Friendly Condos

AVG PPSF$221.83 /sqft

AVG SOLD PRICE$224,581.44

AVG DAYS ON MARKET72 Days

Featured Buildings

5040 - 5060 North Marine Drive Condominiums

5048 N MARINE DRIVE,CHICAGO,IL

0 unit available

5040 - 5060 North Marine Drive Condominiums

5060 N MARINE DRIVE,CHICAGO,IL

0 unit available

906 W Winona Street

906 W WINONA STREET,CHICAGO,IL

0 unit available

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Fitness & Wellness Condos

AVG PPSF$199.86 /sqft

AVG SOLD PRICE$148,737.18

AVG DAYS ON MARKET68 Days

Featured Buildings

842 W Ainslie St

842 W AINSLIE,CHICAGO,IL

0 unit available

5040 - 5060 North Marine Drive Condominiums

5040 N MARINE DRIVE,CHICAGO,IL

0 unit available

840 W Ainslie St

840 W AINSLIE,CHICAGO,IL

0 unit available

View Fitness & Wellness Condos

Stunning Views Condos

AVG PPSF$222.99 /sqft

AVG SOLD PRICE$175,583.33

AVG DAYS ON MARKET51 Days

Featured Buildings

5000 N Marine Dr

5000 N MARINE DR UNIT 9C,CHICAGO,IL

0 unit available

4880 N Marine Dr

4880 N MARINE DR UNIT 606,CHICAGO,IL

1 unit available

5044 N Marine Dr

5044 N MARINE DR,CHICAGO,IL

0 unit available

View Condos with Stunning Condos

Schools

McCutcheon Elementary School

Public|Grades PK–8

4865 N Sheridan Rd

The Neighbourhood: Margate Park

Margate Park is a small residential neighborhood in Cook County, Illinois. The area has parks, green space for walks, and a community center that hosts classes and local events. This district has schools, corner shops, cafes, and basic services within short blocks. The district has bus service and nearby major roads that give direct access to jobs, shopping, and hospitals. The area keeps everyday amenities close to homes and offers an easy base for travel across the region and to nearby city centers.

Demographics

Average Resident age41 years old

Average household Income$56,141 /year

Average HouseHold Composition2 People

What to know about Margate Park demographics:

Approximately 31.87% of the adult population holds a Bachelor's degree, indicating a well-educated community.
The average age of residents in Margate Park is 41 years, appealing to both established professionals and families.

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Frequently Asked Questions about Margate Park

What is it like to live in Margate Park, Chicago, IL?

Living in Margate Park offers a family-friendly environment with access to recreational spaces like Margate Park and Lake Michigan. The neighborhood features a mix of single-family homes and multi-unit buildings, with a community-oriented feel and proximity to public transit.

Is Margate Park, Chicago, IL expensive?

Margate Park tends to be more affordable than some other Chicago neighborhoods, offering a range of housing options including single-family homes and apartments. The cost of living is generally moderate, making it accessible for many households.

What is the weather of Margate Park, Chicago, IL?

Margate Park experiences a continental climate, characterized by cold winters with average temperatures around 25°F, and warm, humid summers with averages reaching about 80°F. Snow is common from November through March, while summers can have occasional thunderstorms.

How safe is Margate Park, Chicago, IL?

Margate Park has a relatively low crime rate compared to other neighborhoods in Chicago, contributing to its reputation as a safe area for families and residents. Community engagement and active neighborhood watch programs help enhance safety.