5040-5060 Marine Drive

About the Building

This unique residential condo building in the Margate Park neighborhood is one of the most sought-after residences in this north side residential enclave. Built in 1939, these beautifully-crafted units provide quality construction, spacious layouts and all the modern amenities you need to live in comfort. The various floorplans cater to single residents and families alike with as few as 1 or as many as 2 separate sleeping spaces to house the whole crew—including Fido and Fluffy, since pets are allowed in this building.

To give you the big picture, the units here average around 865 square feet, with the price per square foot at $199. Breaking it down a bit more, the smallest units at 5052 N. Marine Drive have 840 square feet of living area, while the largest ones span 890 square feet. In addition to a varying number of bedrooms, the range of dwellings here accommodate with different sized kitchens, living rooms, dining rooms and family rooms. For example, if you enjoy cooking and like to have the counter space that matches your passion for food, there are 120 square-foot kitchens—not to mention 360-square-foot dining room in which to serve your creations.

In addition to knowing how big the place actually is—and whether you'll be able to fit your sectional sofa in the living room—potential buyers also find it helpful to get the lowdown on the selling history and current trends of properties in the building. Just to make it easy on you, we've compiled all those knit picky facts and figures, so here you go...

The minimum time, from the listing date to closing, a unit in this building has been on the market is 17 days; the maximum length of time is 226 days. Depending on the number of bedrooms, the average market time for a property in this building fluctuates. For instance, a 1-bedroom unit in 5052 N. Marine Drive has typically been up for sale for 152 days, while a place with 2 bedrooms tends to stay on the market for 226 days. And to give you an idea of the going rate today for real estate at this particular site, a 1-bedroom unit sold for $177,500 on 04/27/2007.