NOT LISTED FOR SALE

10500 S Drake Ave Chicago, IL 60655

Mount Greenwood Neighborhood

Estimated Value: $323,000 - $405,000

3 Beds
1 Bath
1,214 Sq Ft
$292/Sq Ft Est. Value

About This Home

This home is located at 10500 S Drake Ave, Chicago, IL 60655 and is currently estimated at $354,636, approximately $292 per square foot. 10500 S Drake Ave is a home located in Cook County with nearby schools including Mount Greenwood Elementary School, Morgan Park High School, and Queen Of Martyrs Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Lotti Michael P
Bought by
Michael P Lotti Declaration Of Trust and Lotti
Current Estimated Value
$354,636

Purchase Details

Closed on
May 27, 1999
Sold by
Willis Dorcas
Bought by
Lotti Michael P and Lotti Maureen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.94%

Purchase Details

Closed on
May 31, 1995
Sold by
Mount Greenwood Bank
Bought by
Willis Dorcas and Willis Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Michael P Lotti Declaration Of Trust -- None Listed On Document
Lotti Michael P $157,000 Chicago Title Insurance Co
Willis Dorcas $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lotti Michael P $125,000
Previous Owner Willis Dorcas $85,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,889 $26,575 $6,094 $20,481
2023 $4,039 $21,701 $4,875 $16,826
2022 $4,039 $23,000 $4,875 $18,125
2021 $3,967 $23,000 $4,875 $18,125
2020 $4,477 $23,150 $4,631 $18,519
2019 $4,378 $25,163 $4,631 $20,532
2018 $4,303 $25,163 $4,631 $20,532
2017 $4,068 $22,232 $4,143 $18,089
2016 $3,962 $22,232 $4,143 $18,089
2015 $3,841 $23,533 $4,143 $19,390
2014 $3,447 $21,100 $3,900 $17,200
2013 $3,367 $21,100 $3,900 $17,200
Source: Public Records

Map

Illinois Cook County Chicago 60655 Mount Greenwood

10500 S Drake Ave, Chicago, IL

This home is located at 10500 S Drake Ave, Chicago, IL 60655 and is currently estimated at $354,636, approximately $292 per square foot. 10500 S Drake Ave is a home located in Cook County with nearby schools including Mount Greenwood Elementary School, Morgan Park High School, and Queen Of Martyrs Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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