NOT LISTED FOR SALE

2023 N Drake Ave Unit 2N Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $188,000 - $272,000

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 2N, Chicago, IL 60647 and is currently estimated at $230,976, approximately $32 per square foot. 2023 N Drake Ave Unit 2N 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
Jun 10, 2024
Sold by
Vms Llc
Bought by
2023 Drake Logan Llc
Current Estimated Value
$230,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$1,243,790
Interest Rate
8.5%
Mortgage Type
Construction
Estimated Equity
-$1,031,329

Purchase Details

Closed on
Feb 6, 2018
Sold by
Masino Mark A
Bought by
Vms Llc

Purchase Details

Closed on
Feb 4, 2013
Sold by
687 Proprty Group Llc
Bought by
Mil Property Group Llc Series 2

Purchase Details

Closed on
Aug 29, 2008
Sold by
Wayne Hummer Trust Co Na
Bought by
687 Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2008
Sold by
687 Property Group Llc
Bought by
Wayne Hummer Trust #Sbl2695

Purchase Details

Closed on
Mar 28, 2008
Sold by
Everbank
Bought by
687 Property Group Llc

Purchase Details

Closed on
Jan 16, 2008
Sold by
Gronostaj
Bought by
Everbank

Purchase Details

Closed on
May 25, 2006
Sold by
Galan Marcin
Bought by
Gronostaj Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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

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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
2023 Drake Logan Llc $256,000 Fidelity National Title
Vms Llc $98,000 None Available
Mil Property Group Llc Series 2 -- Prairie Title
687 Property Group Llc -- None Available
Wayne Hummer Trust #Sbl2695 -- None Available
687 Property Group Llc $35,500 None Available
Everbank -- None Available
Gronostaj Robert $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 687 Property Group Llc $136,000
Previous Owner Gronostaj Robert $45,000
Previous Owner Gronostaj Robert $180,000
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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