NOT LISTED FOR SALE

4024 N Drake Ave Unit 1 Chicago, IL 60618

Irving Park Neighborhood

Estimated Value: $910,000 - $1,148,000

4 Beds
2 Baths
2,803 Sq Ft
$368/Sq Ft Est. Value

About This Home

This home is located at 4024 N Drake Ave Unit 1, Chicago, IL 60618 and is currently estimated at $1,030,682, approximately $367 per square foot. 4024 N Drake Ave Unit 1 is a home located in Cook County with nearby schools including Murphy Elementary School, Roosevelt High School, and CICS Irving Park.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2022
Sold by
Korves Marvin E and Korves Steven M
Bought by
Myers Clayton T and Phelps Christina J
Current Estimated Value
$1,030,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$126,463
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$904,219

Purchase Details

Closed on
Mar 25, 2017
Sold by
Rempala Anna K
Bought by
Korves Marvin G and Mazner Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,875
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 2015
Sold by
Danielczyk Sharon
Bought by
Rempala Anna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,820
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 1999
Sold by
Le Tin and Nguyen Lien Kim
Bought by
Nguyen Vincent and Che Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Myers Clayton T $915,000 None Listed On Document
Korves Marvin G -- Attorney
Rempala Anna K $253,000 North American Title Company
Nguyen Vincent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Clayton T $132,000
Previous Owner Korves Marvin G $637,875
Previous Owner Rempala Anna K $237,820
Previous Owner Nguyen Vincent $130,000
Source: Public Records

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 $12,034 $92,000 $29,295 $62,705
2023 $11,709 $60,148 $23,625 $36,523
2022 $11,709 $60,148 $23,625 $36,523
2021 $11,463 $60,148 $23,625 $36,523
2020 $9,823 $47,044 $10,395 $36,649
2019 $9,846 $52,272 $10,395 $41,877
2018 $9,678 $52,272 $10,395 $41,877
2017 $10,898 $50,458 $9,450 $41,008
2016 $6,231 $33,502 $9,450 $24,052
2015 $6,161 $33,502 $9,450 $24,052
2014 $1,594 $29,506 $8,505 $21,001
2013 $1,599 $29,506 $8,505 $21,001
Source: Public Records

Map

Illinois Cook County Chicago 60618 Irving Park

4024 N Drake Ave Unit 1, Chicago, IL

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