Otis Lazich
Capital Investment Realty Group Inc
(630) 895-7685
167 Total Sales
1 in Des Plaines
$350,000 Price
265 Drake Ln Des Plaines, IL 60016
Des Plaines AreaEstimated Value: $406,000 - $444,000
3
Beds
2
Baths
1,500
Sq Ft
$285/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Wood Flooring
- Living Room
- Cumberland Elementary School Rated A
- 2 Car Detached Garage
- Laundry Room
About This Home
As of December 2025Welcome home to this move-in ready 3 bedroom, 2 bath brick split-level in the desirable Cumberland neighborhood of Des Plaines. From the moment you arrive, you'll appreciate the great curb appeal, oversized 2.5-car garage, and expansive yard with a deck and outdoor gas line-perfect for summer gatherings and entertaining. Inside, the home shines with thoughtful updates: refinished hardwood floors (2025), fresh paint (2025), updated bedroom flooring (2023), modernized electrical (2024), newer hot water tank (2019), furnace and AC (2016), and gutter guards (2015). The fully finished basement, completed in 2011, offers additional living space ideal for a family room, home office, or play area. Practical upgrades also include a newer extra-thick 5" concrete pad in the backyard designed to support an RV-a rare find! With a long list of improvements already done, this home gives you peace of mind and the freedom to move right in. All of this in an unbeatable location-just blocks from the Metra station, schools, parks, and all the conveniences of Des Plaines. This one checks every box-don't miss it!
Last Agent to Sell the Property
Premier Living Properties Brokerage Phone: (630) 205-5568 License #475137186 Listed on: 09/11/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,861
Year Built
- Built in 1958
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Split Level Home
- Brick Exterior Construction
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,500 Sq Ft Home
- Vaulted Ceiling
- Family Room
- Living Room
- Dining Room
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Partial Basement
- Finished Basement Bathroom
Schools
- Cumberland Elementary School
- Chippewa Middle School
- Maine West High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
- Other Tax Exemptions
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2025
Closed on
Nov 24, 2025
Sold by
Bought by
Seller's Agent
Teresa Stultz
Premier Living Properties
Buyer's Agent
Rafael Ruiz
Ruiz Realty, Inc.
List Price
$410,000
Sold Price
$408,000
Premium/Discount to List
-$2,000
-0.49%
Views
185
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,282
Avg. Annual Appreciation
7.14%
Original Mortgage
$346,800
Outstanding Balance
$344,447
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$82,835
Purchase Details
Listed on
Feb 12, 2025
Closed on
Mar 12, 2025
Sold by
Bought by
Seller's Agent
James Zonsius
Real Home Realty
Buyer's Agent
Teresa Stultz
Premier Living Properties
List Price
$389,900
Sold Price
$410,000
Premium/Discount to List
$20,100
5.16%
Views
185
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.69%
Original Mortgage
$328,000
Interest Rate
7.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2019
Sold by
Bought by
Purchase Details
Closed on
May 21, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.07%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Des Plaines, IL
-
Otis Lazich
-
David Jaffe
David Jaffe
@properties Christie's International Real Estate
(224) 258-0839
123 Total Sales
1 in Des Plaines
$390,000 Price
-
Jovandi Bermudez
Jovandi Bermudez
Fathom Realty IL LLC
(708) 818-6905
41 Total Sales
1 in Des Plaines
$248,000 Price
-
Wincy Mathew
Wincy Mathew
Responds Quickly@properties Christie's International Real Estate
(224) 412-3514
45 Total Sales
5 in Des Plaines
$130K - $605K Price Range
-
Subica Rauf
Subica Rauf
Divine Realty
(888) 719-4287
97 Total Sales
2 in Des Plaines
$255K - $456K Price Range
-
Pawel Czauderna
Pawel Czauderna
Leader Realty, Inc.
(224) 765-0998
121 Total Sales
6 in Des Plaines
$170K - $465K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $408,000 | Chicago Title | ||
| $410,000 | Chicago Title Company | ||
| -- | Attorney | ||
| $230,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $346,800 | ||
| Closed | $346,800 | ||
| Closed | $328,000 | ||
| Previous Owner | $184,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | Sold | $408,000 | -0.5% | $272 / Sq Ft |
| 10/27/2025 10/27/25 | Pending | -- | -- | -- |
| 10/11/2025 10/11/25 | For Sale | $410,000 | -- | $273 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,861 | $36,000 | $8,520 | $27,480 |
| 2024 | $6,861 | $30,000 | $7,242 | $22,758 |
| 2023 | $6,663 | $30,000 | $7,242 | $22,758 |
| 2022 | $6,663 | $30,000 | $7,242 | $22,758 |
| 2021 | $7,003 | $26,779 | $5,964 | $20,815 |
| 2020 | $6,967 | $26,779 | $5,964 | $20,815 |
| 2019 | $6,990 | $30,089 | $5,964 | $24,125 |
| 2018 | $5,831 | $23,621 | $5,112 | $18,509 |
| 2017 | $5,948 | $23,621 | $5,112 | $18,509 |
| 2016 | $5,870 | $23,621 | $5,112 | $18,509 |
| 2015 | $5,300 | $20,154 | $4,473 | $15,681 |
| 2014 | $5,204 | $20,154 | $4,473 | $15,681 |
| 2013 | $5,057 | $20,154 | $4,473 | $15,681 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Stultz
Seller's Agent in 2025
Teresa Stultz
Premier Living Properties
(630) 205-5568
321 Total Sales
-
Rafael Ruiz
Buyer's Agent in 2025
Rafael Ruiz
Ruiz Realty, Inc.
(773) 297-5218
45 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12484260
APN: 09-07-310-016-0000
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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