$369,000

340 E Drake Ave Addison, IL 60101

Estimated payment $2,427/month

4 Beds
2 Baths
1,400 Sq Ft
$264 Price per Sq Ft

Highlights

  • Raised Ranch Architecture
  • 1 Car Detached Garage
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Central Air

About This Home

MOVE IN CONDITION BRICK RANCH WITH SIDE DRIVE AND ONE CAR GARAGE CLOSE TO SCHOOLS AND STORES.IT FEATURES THREE BEDROOMS IN THE MAIN FLOOR AND ONE IN THE BASEMENT. THE BEDROOMS AND THE LIVING ROOM HAVE HARDWOOD FLOORS THAT WERE REFINISHED. THE MODERN KITCHEN OFFERS GRANITE COUNTERS TOPS AND AN ISLAND. THE EATING AREA GIVES AN OPEN CONCEPT COMBINED WITH THE KITCHEN WITH CERAMIC FLOORS. THE BASEMENT IS FINISHED WITH CERAMIC FLOORS,ONE FULL BATH, ONE BEDROOM AND A WET BAR. THE BACK YARD OFFER AMPLE SPACE FOR FAMILY COOK OUTS. MAKE YOUR APPOINTMENTS TWO HOUR NOTICE.

Listing Agent

Sergio Moreno

Solutions Realty & Assoc LLC License #475106091 Listed on: 04/06/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 1952 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 65x115

Parking

  • 1 Car Detached Garage
  • Parking Available
  • Driveway
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,285

Year Built

Built in 1952 | Remodeled in 2023

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1400
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Yes, Detached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 65x115
  • 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: 5285.24
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,285 $82,988 $37,551 $45,437
2023 $5,027 $76,290 $34,520 $41,770
2022 $4,799 $71,160 $32,220 $38,940
2021 $4,591 $68,160 $30,860 $37,300
2020 $4,459 $65,290 $29,560 $35,730
2019 $4,421 $62,780 $28,420 $34,360
2018 $4,364 $59,760 $27,050 $32,710
2017 $4,242 $57,110 $25,850 $31,260
2016 $4,113 $52,730 $23,870 $28,860
2015 $3,993 $48,710 $22,050 $26,660
2014 $3,947 $47,950 $20,210 $27,740
2013 $3,871 $48,930 $20,620 $28,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2026 04/06/26 For Sale $369,000 +80.9% $264 / Sq Ft
06/01/2016 06/01/16 Sold $204,000 -2.4% $146 / Sq Ft View Prior Sale
04/15/2016 04/15/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $209,000 0.0% $149 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $209,000 0.0% $149 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
02/05/2016 02/05/16 Price Changed $209,000 -0.5% $149 / Sq Ft
12/15/2015 12/15/15 For Sale $210,000 -- $150 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $205,000 Heritage Title Company
Warranty Deed $134,000 Plymouth Title Guaranty Corp
Joint Tenancy Deed $260,000 Atg
Interfamily Deed Transfer -- Rts
Warranty Deed $136,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,286 FHA
Previous Owner $107,200 Purchase Money Mortgage
Previous Owner $207,900 New Conventional
Previous Owner $83,000 No Value Available
Previous Owner $85,750 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12611727

Midwest Real Estate Data (MRED)

APN: 03-28-420-012

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