NOT LISTED FOR SALE

4014 S Drexel Blvd Unit 3F Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $263,000 - $341,026

3 Beds
2 Baths
1,800 Sq Ft
$323/mo HOA Fee

Last Sold May 15, 2024

Last sale price $275,000 $153 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,525/month

4 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Formal Dining Room
  • Wood Flooring
  • Granite Countertops
  • 5-minute walk to Mandrake Park

About This Home

As of May 2024

** Seller motivated. Priced great for location, condition and size. Seller open to some closing cost credits. ** Extra-wide and spacious third-floor condo spans 1,800 square feet, boasting a luxurious feel. With 3 bedrooms and 2 bathrooms, it features gleaming, rich hardwood floors, living room fireplace, and elegant trim work. Entire home professionally painted and move-in ready! Natural light floods the space through a wall of windows and updated can lighting in main living area. The open layout includes a generous kitchen with granite countertops, stainless steel appliances, custom cabinetry with wine rack and ample room for entertaining. The primary bedroom offers a his and her closets and an en-suite bathroom with dual sinks, separate shower and deep soaking tub. Brand new hot water heater, convenient in-unit laundry, a balcony off living room for morning coffees and summer BBQs. Two assigned rear, gated parking space is included. Located in Bronzeville/Oakland, it's minutes away from the 90/94 expressway & DuSable Drive, Mariano's, University of Chicago, and lakefront beaches. Estimated reserves are $7,400 as of Dec 2023. Special recently for back porch repair that is already paid for and completed. Reserves are replenished by June 2024. Rentals allowed with fee to building. No tax exemptions on the property. Association applying to tax reassessment.This will be a beautiful showing and smooth sale.

Last Agent to Sell the Property

Lisa Foster

@properties Christie's International Real Estate License #475111902 Listed on: 04/02/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Mark Winkelman

Baird & Warner License #475146425

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,780

Year Built

  • Built in 1923

Lot Details

  • 8,973

HOA Fees

  • $323 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Off Alley Driveway
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger, snow removal
  • 8 Units
  • Jeanela Court Association, Phone Number (773) 572-0880
  • Property managed by Westward 360

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,780

Year Built

Built in 1923

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Dining Combo, Granite Counters, Separate Dining Room
  • LivingArea: 1800
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1800
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,Kitchen/Dining Combo
  • Total Sq Ft: 1800
  • Fireplace Location: Living Room
  • Total Sq Ft: 1800
  • Main Level Sq Ft: 1800
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 274900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 2
  • Driveway: Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 323
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360
  • Management Contact Name: Jeanela Court
  • Management Phone: 773-572-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 5780
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 7, 2024
Sold by
Owens Bobby L and Owens Nicole
Bought by
Schmelter Heidi
Seller's Agent
Lisa Foster
@properties Christie's International Real Estate
Buyer's Agent
Mark Winkelman
Baird & Warner
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Views
40
Current Estimated Value
$309,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,257
Avg. Annual Appreciation
10.10%
Original Mortgage
$220,000
Outstanding Balance
$218,147
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$91,110

Purchase Details

Closed on
Aug 26, 2008
Sold by
Bank Of New York
Bought by
Owens Bobby L and Owens Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,650
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2008
Sold by
Rogers Alwaalee and Rogers Alwaale
Bought by
Bank Of New York and Cwabs Inc Asset Backed Certificates Seri

Purchase Details

Closed on
Dec 12, 2005
Sold by
Cromartie Otis and Wooten Carol P
Bought by
Rogers Alwaale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2004
Sold by
Wooten Carol P
Bought by
Cromartie Otis and Wooten Carol P

Purchase Details

Closed on
Jun 1, 2000
Sold by
Jake Taylor Properties Inc
Bought by
Wooten Carol P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,680
Interest Rate
8.18%
Source: Public Records

Range of Values:

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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
Schmelter Heidi $275,000 Stewart Title
Owens Bobby L $158,500 None Available
Bank Of New York -- None Available
Rogers Alwaale $265,000 Tristar Title Llc
Cromartie Otis -- --
Wooten Carol P $174,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmelter Heidi $220,000
Previous Owner Owens Bobby L $149,999
Previous Owner Owens Bobby L $140,250
Previous Owner Owens Bobby L $142,650
Previous Owner Rogers Alwaale $212,000
Previous Owner Rogers Alwaalee $53,000
Previous Owner Wooten Carol P $191,250
Previous Owner Wooten Carol P $165,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $275,000 0.0% $153 / Sq Ft
04/09/2024 04/09/24 Price Changed $274,900 +1.9% $153 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $269,900 -- $150 / 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 $5,930 $27,000 $3,970 $23,030
2023 $5,780 $28,016 $3,970 $24,046
2022 $5,780 $28,016 $3,970 $24,046
2021 $6,454 $31,999 $3,969 $28,030
2020 $2,355 $10,571 $1,928 $8,643
2019 $2,342 $11,656 $1,928 $9,728
2018 $2,302 $11,656 $1,928 $9,728
2017 $2,169 $10,077 $1,587 $8,490
2016 $2,018 $10,077 $1,587 $8,490
2015 $1,847 $10,077 $1,587 $8,490
2014 $2,731 $14,719 $1,361 $13,358
2013 $2,677 $14,719 $1,361 $13,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12016962

Midwest Real Estate Data (MRED)

APN: 20-02-105-025-1007