NOT LISTED FOR SALE

2700 N Drake Ave Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $437,000 - $703,000

3 Beds
1 Bath
1,232 Sq Ft
$498/Sq Ft Est. Value

Last Sold April 08, 2013

Last sale price $221,700 $180 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $3,996/month

14 Days on Market

About This Home

As of April 2013

GREAT LOGAN SQUARE OPPORTUNITY!!! THREE BEDROOM SINGLE FAMILY HOME ON EXTRA WIDE CORNER LOT. GENEROUS LIVING ROOM AND FORMAL DINING ROOM WITH 9'+ CEILING HEIGHT. THREE BEDROOMS ON SECOND LEVEL. GAS FORCED AIR HEAT, NEWER CENTRAL AIR, SOME NEWER WINDOWS IN KITCHEN. SOLID THREE CAR GARAGE WITH NEWER ROOF.

Last Agent to Sell the Property

Michael Ristau

Weichert, Realtors - All Pro License #471003302 Listed on: 02/11/2013

Weichert, Realtors - All Pro

Last Buyer's Agent

Craig Faust

@properties Christie's International Real Estate License #475123121

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $9,012

Year Built

  • 1899

Lot Details

  • 4,400

Parking

  • 3

Home Design

  • Frame Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$9,012

Year Built

1899

Lot Details

0

Parking

3

Interior Features

  • Total # Of Rooms: 7
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 15X17
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 11X12
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 8X9
  • Living Room Level: Main Level
  • Living Room Size: 11X13
  • Dining Room Level: Main Level
  • Dining Room Size: 11X14
  • Kitchen Level: Main Level
  • Kitchen Size: 10X13

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 34X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2016
Sold by
Faust Craig
Bought by
Faust Craig and The Craig Faust Trust
Current Estimated Value
$613,924

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 28, 2013
Sold by
Community Savings Bank
Bought by
Faust Craig and Faust Gary
Seller's Agent
Michael Ristau
Weichert, Realtors - All Pro
Buyer's Agent
Craig Faust
@properties Christie's International Real Estate
List Price
$172,900
Sold Price
$221,700
Premium/Discount to List
$48,800
28.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$166,275
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2006
Sold by
Koczor Leonard B and Koczor Lillian A
Bought by
Community Savings Bank and Trust #Lt-2107
Source: Public Records

Range of Values:

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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
Faust Craig -- Attorney
Faust Craig $222,000 None Available
Community Savings Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faust Craig $166,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2013 04/08/13 Sold $221,700 +28.2% $180 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $172,900 -- $140 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,012 $56,847 $19,184 $37,663
2023 $8,784 $42,539 $15,435 $27,104
2022 $8,784 $42,539 $15,435 $27,104
2021 $8,587 $42,539 $15,435 $27,104
2020 $6,745 $30,150 $7,056 $23,094
2019 $6,835 $33,877 $7,056 $26,821
2018 $6,696 $33,877 $7,056 $26,821
2017 $6,146 $28,536 $6,174 $22,362
2016 $5,719 $28,536 $6,174 $22,362
2015 $5,557 $30,309 $6,174 $24,135
2014 $4,945 $26,630 $5,292 $21,338
2013 $5,464 $30,020 $5,292 $24,728
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Ristau

    Weichert, Realtors - All Pro

    (708) 935-5667

    2 in this area

    72 Total Sales

    Michael Ristau
    Section Image
  • Craig Faust

    Buyer's Agent in 2013

    Craig Faust

    @ Properties

    (773) 405-8313

    25 in this area

    55 Total Sales

    Craig Faust
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08270101

Midwest Real Estate Data (MRED)

APN: 13-26-400-040-0000

Illinois Cook County Chicago 60647 Logan Square

2700 N Drake Ave, Chicago, IL

This home is located at 2700 N Drake Ave, Chicago, IL 60647 since 11 February 2013 and is currently estimated at $613,924, approximately $498 per square foot. This property was built in 1899. 2700 N Drake Ave is a home located in Cook County with nearby schools including Monroe Elementary School, Kelvyn Park High School, and Aspira Business & Finance High 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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