823 W Gunnison Street Unit 1E
Chicago, IL 60640
- 2 beds
- 2 baths
- 1,440 sqft
- $312 per sqft
- – on site
Welcome to 823 W. Gunnison Street Unit 1, a bright and beautifully updated first-floor condo in Margate Park. This charming 2 bedroom, 2 full bath home blends classic vintage character with modern upgrades and thoughtfully preserved architectural details. The kitchen was fully renovated top to bottom in 2022 and features stylish backsplash, a farm sink, butcher block countertops and stainless steel appliances, including a new smart oven, dishwasher, and garbage disposal. The 2nd full bathroom was also completely updated in 2023 and features chic tile, a walk-in shower and designer finishes. Current owners replaced most windows with Andersen in 2023 to enhance all the gorgeous natural light and energy efficiency throughout the unit. New buyers will appreciate a generous pantry (so rare!), in-unit washer dryer, a tranquil back deck overlooking a charming patio, and maple hardwood floors throughout. Super sized 14 x 14 storage room in the basement included. Located on a tree-lined street just steps from the lakefront and popular dog park, this home offers the perfect mix of tranquility and convenience. Lawrence red line stop is .4 miles away and and the bus gets you downtown in 15 minutes! Private one car garage on site available to rent with the unit. Street parking is permitted, and readily available.Enjoy a well-maintained building with a proactive HOA in one of Chicago's sweetest lakefront neighborhoods.
Last checked:
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Last updated May 6, 2025
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MLS# 12351685 —
The Building
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Rebuilt:No
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New Construction:false
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Construction Materials:Synthetic Stucco
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Basement:None
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Disability Access:No
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Other Equipment:Intercom, CO Detectors, Ceiling Fan(s)
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Stories Total:3
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Living Area Source:Estimated
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Entry Level:1
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Window Features:Window Treatments
Interior
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Room Type:Bonus Room, Storage, Deck
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Rooms Total:6
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Interior Features:1st Floor Bedroom, Built-in Features, Historic/Period Mlwk, Separate Dining Room, Pantry
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Laundry Features:Washer Hookup, Main Level, Gas Dryer Hookup, Electric Dryer Hookup, In Unit, Laundry Closet
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Flooring:Hardwood
Room Dimensions
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Living Area:1440
Financial & Terms
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Lease Amount:$175
Location
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Directions:From Lake Shore Drive exit Lawerence Ave, Turn right (North) onto Marine Drive, then Gunnison is a one-way street going west.
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Location:16379
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Location:87291
The Property
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Parcel Number:14084190411001
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Property Type:Residential
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Lot Size Dimensions:COMMON
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 533-0749
- Office phone:
- (312) 254-0200
Taxes
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Tax Year:2023
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Tax Annual Amount:5419
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:2
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Full Baths:2
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Radiator(s)
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Cooling:Wall Unit(s)
Utilities
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Sewer:Public Sewer
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Electric:100 Amp Service
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Water Source:Lake Michigan
Appliances
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Appliances:Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Schools
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Elementary School:Mccutcheon Elementary School
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Elementary School District:299
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Middle Or Junior School:Mccutcheon Elementary School
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Middle Or Junior School District:299
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High School:Senn High School
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High School District:299
The Community
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Pets Allowed:Cats OK, Dogs OK
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Association Amenities:Storage, Covered Porch, Public Bus
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Association Fee:425
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Association Fee Includes:Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Parking Features:Off Alley, Garage Door Opener, On Site, Leased, Detached, Garage
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Garage Spaces:1
Monthly cost estimate

Asking price
$450,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,409
|
Taxes | $451 |
Insurance | $123 |
HOA fees | $425 |
Utilities | N/A |
Total | $3,408/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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5/6/25
May 6, 2025
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Sold Subject To Contingencies | MRED | $450,000 | |
5/1/25
May 1, 2025
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Listed / Active | MRED | $450,000 | 60.7% (12.2% / YR) |
5/13/20
May 13, 2020
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MRED | $280,000 | 8.9% (0.9% / YR) |

49% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $102k over asking price.