NOT LISTED FOR SALE

2023 N Drake Ave Unit 1N Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $192,000 - $266,904

2 Beds
1 Bath
7,208 Sq Ft
$32/Sq Ft Est. Value

About This Home

This home is located at 2023 N Drake Ave Unit 1N, Chicago, IL 60647 and is currently estimated at $230,476, approximately $31 per square foot. 2023 N Drake Ave Unit 1N is a home located in Cook County with nearby schools including Frederick Funston Elementary School, Kelvyn Park High School, and Good Shepherd Christian Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
South Side Community Development Llc
Bought by
2023 Drake Logan Llc
Current Estimated Value
$230,476

Purchase Details

Closed on
Jun 20, 2019
Sold by
Greater Chicago Housing Development Llc
Bought by
South Side Community Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$933,030
Interest Rate
3.75%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 9, 2017
Sold by
Mil Property Group Llc Series 1
Bought by
Greater Chicago Housing Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,727
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2010
Sold by
Us Bank National Association
Bought by
Mil Property Group Llc Series 1

Purchase Details

Closed on
May 26, 2009
Sold by
Carson Maria Del Rocio
Bought by
Bank Of America National Association

Purchase Details

Closed on
May 25, 2006
Sold by
Galan Marcin
Bought by
Carson Marie Del Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
10.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
2023 Drake Logan Llc $256,000 Fidelity National Title
South Side Community Development Llc -- Attorney
Greater Chicago Housing Development Llc -- None Available
Mil Property Group Llc Series 1 $10,000 Servicelink
Bank Of America National Association -- None Available
Carson Marie Del Rocio $225,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2023 Drake Logan Llc $1,250,000
Previous Owner South Side Community Development Llc $933,030
Previous Owner South Side Community Development Llc $637,330
Previous Owner Greater Chicago Housing Development Llc $150,012
Previous Owner Greater Chicago Housing Development Llc $252,727
Previous Owner Mil Property Group Llc Series 1 $338,480
Previous Owner Carson Marie Del Rocio $225,000
Previous Owner Mid City National Bank $177,000
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 $2,964 $3,926 $3,865 $61
2023 $2,889 $14,000 $3,134 $10,866
2022 $2,889 $14,000 $3,134 $10,866
2021 $2,824 $13,999 $3,133 $10,866
2020 $2,126 $9,509 $1,514 $7,995
2019 $2,153 $10,678 $1,514 $9,164
2018 $2,109 $10,678 $1,514 $9,164
2017 $1,568 $7,286 $1,357 $5,929
2016 $1,459 $7,286 $1,357 $5,929
2015 $1,335 $7,286 $1,357 $5,929
2014 $1,823 $9,824 $1,253 $8,571
2013 $1,787 $9,824 $1,253 $8,571
Source: Public Records

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