NOT LISTED FOR SALE

4632 N Drake Ave Unit 1N Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $330,000 - $396,097

2 Beds
2 Baths
1,750 Sq Ft
$262/mo HOA Fee

Last Sold March 14, 2024

Last sale price $315,000 $180 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,628/month

4 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Combination Dining and Living Room
  • Whirlpool Bathtub
  • Central Air
  • 3-minute walk to Drake Gardens

About This Home

As of March 2024

This large 2-bedroom, 2-bathroom condo is nestled in a charming vintage building in the Albany Park neighborhood. Freshly painted walls and refinished floors make the unit feel like new! Large dining room OR family room directly off kitchen. Primary suite offers full bathroom and custom walk-in closet. The 2nd bedroom has an attached flex space perfect for an office or workout area. Parking will not be a problem, one secured parking space included in price. W/D in unit. Plus large storage area directly out the back door.

Last Agent to Sell the Property

Katie Jean Colquhoun

Coldwell Banker Realty License #475173786 Listed on: 02/08/2024

Coldwell Banker Realty

Last Buyer's Agent

James DeMarco

@properties Christie's International Real Estate License #475160037

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,503

Year Renovated

  • 2007

Lot Details

  • 7,492

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

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

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 8 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,503

Year Renovated

2007

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage
  • 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): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2007
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1750
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 262
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Self managed
  • Management Phone: 000-000-0000X0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger, Other

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5502.71
  • Tax Year: 2022

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 8, 2024
Sold by
Mertel Robyn B and Mertel Clinton L
Bought by
Balaskas Dimitra
Seller's Agent
Katie Jean Colquhoun
Coldwell Banker Realty
Buyer's Agent
James DeMarco
@properties Christie's International Real Estate
List Price
$315,000
Sold Price
$315,000
Views
47
Current Estimated Value
$360,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,024
Avg. Annual Appreciation
8.60%
Original Mortgage
$236,250
Outstanding Balance
$232,223
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$127,801

Purchase Details

Closed on
Oct 26, 2009
Sold by
Gidley Sheila
Bought by
Mertel Robyn B and Smith Clinton L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2002
Sold by
Cervellero Mark K
Bought by
Gidley Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 6, 2000
Sold by
Acen Development Inc
Bought by
Cervellero Mark K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,100
Interest Rate
8.15%
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
Balaskas Dimitra $315,000 Fidelity National Title
Mertel Robyn B $265,000 First American Title
Gidley Sheila $217,500 Ticor Title Insurance
Cervellero Mark K $176,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balaskas Dimitra $236,250
Previous Owner Mertel Robyn B $260,200
Previous Owner Gidley Sheila $155,000
Previous Owner Cervellero Mark K $167,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2024 03/14/24 Sold $315,000 0.0% $180 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $315,000 -- $180 / 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 $5,667 $35,500 $3,389 $32,111
2023 $5,503 $30,080 $2,711 $27,369
2022 $5,503 $30,080 $2,711 $27,369
2021 $5,397 $30,079 $2,711 $27,368
2020 $4,356 $22,587 $1,403 $21,184
2019 $4,411 $25,313 $1,403 $23,910
2018 $4,336 $25,313 $1,403 $23,910
2017 $3,547 $19,800 $1,258 $18,542
2016 $3,477 $19,800 $1,258 $18,542
2015 $3,159 $19,800 $1,258 $18,542
2014 $3,303 $20,308 $1,161 $19,147
2013 $3,227 $20,308 $1,161 $19,147
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Katie Jean Colquhoun

    Coldwell Banker Realty

    (773) 314-3293

    2 in this area

    49 Total Sales

    Katie Jean Colquhoun
    Section Image
  • James DeMarco

    Buyer's Agent in 2024

    James DeMarco

    @ Properties

    (312) 888-6440

    2 in this area

    110 Total Sales

    James DeMarco
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11976963

Midwest Real Estate Data (MRED)

APN: 13-14-208-028-1003

Illinois Cook County Chicago 60625 Albany Park

4632 N Drake Ave Unit 1N, Chicago, IL

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