NOT LISTED FOR SALE

2724 S Drake Ave Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $241,000 - $322,000

3 Beds
3 Baths
1,200 Sq Ft
$237/Sq Ft Est. Value

Last Sold February 24, 2024

Last sale price $279,999 $233 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,758/month

7 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Paved or Partially Paved Lot
  • 4-minute walk to Miami Park

About This Home

As of February 2024

Looking for your perfect starter home? Check out this brick move in ready HOME, the main level offering an ample living room, dining room, full bathroom and a cabinet kitchen. Second level offers a master bedroom, 2 additional bedrooms and a full bathroom. Full finished basement perfect for an inlaw arrangement offering a family room, 2 bonus bedrooms and a full bath! Nice ample yard perfect for entertaining leading to your private parking space! Conveniently located near schools, shopping, dining and recreation!

Last Agent to Sell the Property

Luis Ortiz

RE/MAX Partners License #475136884 Listed on: 01/15/2024

RE/MAX Partners

Last Buyer's Agent

Luis Ortiz

RE/MAX Partners License #475136884 Listed on: 01/15/2024

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,548

Year Built

Built in 1903

Lot Details

3,006 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1200
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 2
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2547.74
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 27, 2024
Sold by
Castillo Pedro
Bought by
Villagomez Yocelin and Villagomez Sandra
Seller's Agent
Luis Ortiz
RE/MAX Partners
Buyer's Agent
Luis Ortiz
RE/MAX Partners
List Price
$279,999
Sold Price
$279,999
Views
41
Current Estimated Value
$283,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,886
Avg. Annual Appreciation
0.67%
Original Mortgage
$7,500
Outstanding Balance
$2,644
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$281,241

Purchase Details

Closed on
Aug 4, 2022
Sold by
Castillo Mara
Bought by
Castillo Pedro

Purchase Details

Closed on
Dec 22, 2019
Sold by
Palacios Mari
Bought by
Castillo Mara

Purchase Details

Closed on
Apr 16, 2019
Sold by
Gonzalez Mara
Bought by
Palacios Maria

Purchase Details

Closed on
Jun 28, 2006
Sold by
Torres Aquiles
Bought by
Gonzalez Mara

Purchase Details

Closed on
Mar 5, 2004
Sold by
Palacios Maria
Bought by
Torres Aquiles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 1999
Sold by
Palacios Reynaldo
Bought by
Palacios Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.04%
Source: Public Records
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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
Villagomez Yocelin $280,000 Old Republic Title
Castillo Pedro -- Old Republic Title
Castillo Mara -- Attorney
Palacios Maria -- None Available
Gonzalez Mara $150,000 Fidelity National Title
Torres Aquiles $165,000 Cti
Palacios Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villagomez Yocelin $7,500
Previous Owner Villagomez Yocelin $271,599
Previous Owner Torres Aquiles $107,000
Previous Owner Palacios Maria $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2024 02/24/24 Sold $279,999 0.0% $233 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $279,999 -- $233 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $3,376 $17,100 $4,350 $12,750
2024 $3,376 $17,100 $4,350 $12,750
2023 $3,291 $16,000 $3,525 $12,475
2022 $3,291 $16,000 $3,525 $12,475
2021 $2,548 $16,000 $3,525 $12,475
2020 $1,428 $9,514 $3,525 $5,989
2019 $1,483 $10,812 $3,525 $7,287
2018 $1,457 $10,812 $3,525 $7,287
2017 $1,747 $11,491 $3,150 $8,341
2016 $1,801 $11,491 $3,150 $8,341
2015 $1,625 $11,491 $3,150 $8,341
2014 $1,375 $9,978 $3,000 $6,978
2013 $1,336 $9,978 $3,000 $6,978
Source: Public Records

Agents Affiliated with this Home

  • Luis Ortiz

    Seller's Agent in 2024

    Luis Ortiz

    RE/MAX

    (708) 990-4079

    19 in this area

    754 Total Sales

    Luis Ortiz
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11961607

Midwest Real Estate Data (MRED)

APN: 16-26-408-033-0000

Illinois Cook County Chicago 60623 Little Village

2724 S Drake Ave, Chicago, IL

Not Listed for Sale

Detached

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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