NOT LISTED FOR SALE

4248 S Drexel Blvd Unit GN Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $209,000 - $320,369

3 Beds
2 Baths
1,600 Sq Ft
$239/mo HOA Fee

Last Sold November 13, 2023

Last sale price $190,000 $119 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,091/month

112 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Accessibility Features
  • Whirlpool Bathtub
  • Ramp on the main level
  • Central Air

About This Home

As of November 2023

Call this beautiful Bronzeville Condo your home! This deluxe unit is located on the picturesque tree lined, Drexel Boulevard. Enjoy bike riding or visiting the lakefront? The bike lane in front of your door or a short walk will get you there in minutes! Other neighborhood amenities include nearby dining, winery and shopping. On the unit's interior you'll find hardwood floors, an owner's suite with a full bathroom containing a separate shower and whirlpool tub, 2 additional bedrooms and a second full bathroom. The spacious living room is equipped with a fireplace and view of the boulevard. The classy kitchen is complete with maple cabinets, granite counter tops and 4-piece appliance suite. Also included is an in-unit washer dryer, secure parking, plenty of closet space as well as additional separate storage spaces. Purchase of this property is subject to income restrictions and other requirements of the Chicago Housing Trust (CHT). Buyers must meet the CHT program requirements before submitting an offer. Please note: (1) Potential buyers should first contact the CHT to get certified as eligible to purchase the unit; (2) buyer must occupy the unit as principal residence for as long as buyer owns the unit; (3) buyer cannot own other residential property at the time of purchase.

Last Agent to Sell the Property

Janece Simmons

EXIT Strategy Realty License #475182399 Listed on: 05/16/2023

EXIT Strategy Realty

Last Buyer's Agent

David Olaoye

Coldwell Banker Realty License #471011839

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,051

Year Built

  • Built in 2009

Lot Details

  • 8,668

HOA Fees

  • $239 Monthly HOA Fees

Home Design

  • Garden Home

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Open Floorplan
  • Storage

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Finished Basement

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

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Accessible Home Design

  • Accessibility Features
  • Ramp on the main level

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • 4248 S Drexel Inc Association

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,051

Year Built

Built in 2009

Lot Details

0

HOA Fees

$239 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Garden Unit
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Garden Unit
  • Year Built: 2009
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: G
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: Full
  • Accessibility Features: Ramp - Main Level
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage, Some Carpeting, Dining Combo
  • LivingArea: 1600
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 190000
  • Waterfront: No
  • Exterior Building Type: Brick,Block,Limestone

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 239
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: HOA
  • Management Contact Name: 4248 S Drexel Inc
  • Management Phone: 111-111-1111
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 6050.54
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Nov 6, 2023
Sold by
J L Construction Inc
Bought by
Markham Eloise
Seller's Agent
Janece Simmons
EXIT Strategy Realty
Buyer's Agent
David Olaoye
Coldwell Banker Realty
List Price
$190,000
Sold Price
$190,000
Views
439
Current Estimated Value
$244,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,592
Avg. Annual Appreciation
14.89%
Original Mortgage
$165,500
Outstanding Balance
$162,402
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$82,190
Source: Public Records

Range of Values:

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Average Value
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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
Markham Eloise $190,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markham Eloise $165,500
Previous Owner J L Construction Inc $1,025,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $190,000 0.0% $119 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $190,000 -- $119 / 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 $6,350 $19,000 $3,395 $15,605
2023 $6,190 $30,000 $3,395 $26,605
2022 $6,190 $30,000 $3,395 $26,605
2021 $6,051 $29,999 $3,394 $26,605
2020 $4,233 $19,004 $1,648 $17,356
2019 $4,210 $20,955 $1,648 $19,307
2018 $4,139 $20,955 $1,648 $19,307
2017 $4,069 $18,901 $1,357 $17,544
2016 $3,786 $18,901 $1,357 $17,544
2015 $3,464 $18,901 $1,357 $17,544
2014 $3,712 $20,008 $1,163 $18,845
2013 $3,639 $20,008 $1,163 $18,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11784690

Midwest Real Estate Data (MRED)

APN: 20-02-119-031-1002