NOT LISTED FOR SALE

4626 N Drake Ave Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $490,000 - $564,060

3 Beds
1.5 Baths
1,660 Sq Ft
$312/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $450,000 $271 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,422/month

43 Days on Market

Highlights

  • Sun or Florida Room
  • Double Oven
  • Entrance Foyer
  • Formal Dining Room
  • 2 Car Detached Garage
  • 3-minute walk to Drake Gardens

About This Home

As of March 2024

Opportunities abound for this stucco single-family home in Albany Park. The previous owner updated the kitchen and full bath in the last 7 to 10 years. The kitchen features American cherry cabinets with Prairie style finishes Viking cooktop, Thermidor double oven. The upstairs bath is in keeping with the original finishes of the house, featuring woodwork, mosaic floor tiles, subway tiles on the wall with the focal point being the clawfoot bathtub. Much of the original woodwork, including the stairwell, leading to the second floor, remains in great shape with additional woodwork being added. A half bath was added on the first floor. There's an enormous three season room across the entire front of the house. The Homes sits on a 38 x 125 lot with a two car garage in the rear. Welcome home!

Last Agent to Sell the Property

Philip Schwartz

@properties Christie's International Real Estate License #475113640 Listed on: 11/30/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Greg Whelan

Redfin Corporation License #475147701

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,170

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 37.5x125

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Sun or Florida Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,170

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Room Type: Sun Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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: 37.5X125
  • 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: 8169.55
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Mar 1, 2024
Sold by
Hofer Susan A
Bought by
Freund John and Freund Susan
Seller's Agent
Philip Schwartz
@properties Christie's International Real Estate
Buyer's Agent
Greg Whelan
Redfin Corporation
List Price
$450,000
Sold Price
$450,000
Views
163
Current Estimated Value
$517,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,515
Avg. Annual Appreciation
9.01%
Original Mortgage
$424,500
Outstanding Balance
$417,265
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$100,250

Purchase Details

Closed on
Jul 29, 1997
Sold by
Reuter John F and Reuter Marlene J
Bought by
Tyree Alesia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

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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
Freund John $450,000 Proper Title
Tyree Alesia $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freund John $424,500
Closed Tyree Alesia $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $450,000 0.0% $271 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
11/30/2023 11/30/23 For Sale $450,000 -- $271 / 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 $8,403 $45,001 $16,405 $28,596
2023 $8,170 $43,000 $13,124 $29,876
2022 $8,170 $43,000 $13,124 $29,876
2021 $8,003 $42,999 $13,123 $29,876
2020 $7,090 $34,820 $6,796 $28,024
2019 $7,195 $39,124 $6,796 $32,328
2018 $7,073 $39,124 $6,796 $32,328
2017 $6,709 $34,439 $6,093 $28,346
2016 $6,419 $34,439 $6,093 $28,346
2015 $5,850 $34,439 $6,093 $28,346
2014 $5,105 $29,981 $5,624 $24,357
2013 $4,993 $29,981 $5,624 $24,357
Source: Public Records

Agents Affiliated with this Home

  • Philip Schwartz

    Seller's Agent in 2024

    Philip Schwartz

    @ Properties

    (773) 677-2967

    4 in this area

    138 Total Sales

    Philip Schwartz
    Section Image

  • G

    Buyer's Agent in 2024

    Greg Whelan

    Redfin Corporation

    Greg Whelan
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11928948

Midwest Real Estate Data (MRED)

APN: 13-14-208-021-0000

Illinois Cook County Chicago 60625 Albany Park

4626 N Drake Ave, Chicago, IL

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