NOT LISTED FOR SALE

4542 N Drake Ave Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $525,000 - $584,000

5 Beds
3 Baths
1,491 Sq Ft
$367/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $482,000 $323 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,523/month

22 Days on Market

Highlights

  • Lower Floor Utility Room
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Entrance Foyer
  • 3-minute walk to Drake Gardens

About This Home

As of September 2022

Spacious, beautiful Albany Park 2-flat with a huge oversized 37.5 wide lot. Located on a tree-lined street, this well-maintained building is a fantastic investment opportunity, especially for owner-occupants. The building offers vintage details, tons of natural light, hardwood floors, crown molding, tons of storage, with updated bathrooms throughout. The lower level unit is a 2 bedroom, 1 full bathroom. The upper level unit is the perfect owner's unit with 3 bedrooms/2 full bathrooms duplex up. Shared Washer/Dryer on the lower level. 2 garage parking spaces, and a huge yard. Recent updates include new boiler in 2019, water heater in 2020, newer furnace in Unit 1, (2017), roof was a tear down in 2013 to new single shingle platform. Walk to brown line Kimball stop, shopping, restaurants and retail. Close to blue line, and 90/94 easy access. FHA Approved. Call for a private showing today.

Last Agent to Sell the Property

Madeleine Pearl

Station Cities License #471010186 Listed on: 08/04/2022

Last Buyer's Agent

Staci Yesner

Compass License #475165772

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 1910

Lot Details

  • 4,748

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 37 x 125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,005

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Room Type: Enclosed Porch, Foyer, Utility Room-Lower Level
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 37 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6005.22
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2013
Sold by
Zeigler Kristine A
Bought by
Zeigler Properties Llc
Current Estimated Value
$547,102

Purchase Details

Closed on
Jul 30, 2012
Sold by
Zeigler Properties Llc
Bought by
Zeigler Kristine A

Purchase Details

Closed on
Jun 17, 2008
Sold by
Zeigler Kristine A
Bought by
Zeigler Properties Llc

Purchase Details

Closed on
Feb 15, 2008
Sold by
Zeigler Properties Llc
Bought by
Zeigler Kristine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2006
Sold by
Zeigler Kristine A
Bought by
Zeigler Properties Llc

Purchase Details

Closed on
Dec 16, 2005
Sold by
Zeigler Properties Llc
Bought by
Zeigler Kristine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 11, 2004
Sold by
Zeigler Kristine A
Bought by
Zeigler Properties Llc
Source: Public Records

Range of Values:

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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
Zeigler Properties Llc -- None Available
Zeigler Kristine A -- None Available
Zeigler Properties Llc -- None Available
Zeigler Kristine A -- Ticor Title Ins Co 2002
Zeigler Properties Llc -- Chicago Title Insurance Co
Zeigler Kristine A -- Chicago Title Insurance Co
Zeigler Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zeigler Kristine A $158,000
Previous Owner Zeigler Kristine A $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $482,000 -3.5% $323 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $499,500 -- $335 / 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 $7,749 $45,658 $16,538 $29,120
2023 $8,238 $39,911 $13,230 $26,681
2022 $8,238 $39,911 $13,230 $26,681
2021 $8,052 $39,911 $13,230 $26,681
2020 $6,005 $26,864 $6,851 $20,013
2019 $6,085 $30,185 $6,851 $23,334
2018 $5,982 $30,185 $6,851 $23,334
2017 $5,948 $27,538 $6,142 $21,396
2016 $5,534 $27,538 $6,142 $21,396
2015 $5,064 $27,538 $6,142 $21,396
2014 $5,647 $30,324 $5,670 $24,654
2013 $5,535 $30,324 $5,670 $24,654
Source: Public Records

Agents Affiliated with this Home

  • Madeleine Pearl

    Seller's Agent in 2022

    Madeleine Pearl

    Station Cities

    (312) 203-9480

    1 in this area

    61 Total Sales

    Madeleine Pearl
    Section Image
  • Staci Yesner

    Buyer's Agent in 2022

    Staci Yesner

    Compass

    (773) 251-6103

    4 in this area

    62 Total Sales

    Staci Yesner
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11482974

Midwest Real Estate Data (MRED)

APN: 13-14-213-021-0000

Illinois Cook County Chicago 60625 Albany Park

4542 N Drake Ave, Chicago, IL

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