NOT LISTED FOR SALE

4640 N Drake Ave Unit 3S Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $325,000 - $380,000

2 Beds
2 Baths
1,450 Sq Ft
$259/mo HOA Fee

Last Sold July 22, 2021

Last sale price $315,000 $217 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,469/month

13 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Porch
  • Granite Countertops
  • 1 Car Detached Garage
  • 2-minute walk to Drake Gardens

About This Home

As of July 2021

This bright and airy gut-rehabbed 1917 two bedrooms, two bathrooms condo overlooking a neighborhood botanic garden, boasts tall ceilings, gorgeous hardwood floors, a wood-burning fireplace, granite counters, and more. GE stainless steel appliances, wood blinds, large, sunny, tree height deck. Brick garage. 12X16 basement storage. Top floor, nobody walking on your ceiling. Nobody looking in your windows. Mature trees. Walking distance to rapid transit, Restaurants, Starbucks, Grocery stores, Universities, and more. Did I say location location location? Hot Albany Park neighborhood, halfway between downtown and O'Hare airport. Easy access to highways, bike routes, and the lake. Low assessments.

Last Agent to Sell the Property

Aykut Sinanoglu

Garry Real Estate License #475191282 Listed on: 05/28/2021

Garry Real Estate

Last Buyer's Agent

Gloria Wiekert

Compass License #475174366

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1917 | Remodeled in 1999

Lot Details

  • 7,492

HOA Fees

  • $259 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Haugan Elementary School
  • Roosevelt High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include water, lawn care, scavenger, snow removal
  • 6 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 75 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,181

Year Built

Built in 1917 | Remodeled in 1999

Lot Details

0

HOA Fees

$259 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1917
  • 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: 3
  • Rehab Year: 1999
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 1999

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Drapes/Blinds, Granite Counters
  • LivingArea: 1450
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: East
  • ExteriorFeatures: Patio, Porch
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • 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
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 259
  • Association Amenities: Storage, Intercom
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Water, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Haugan Elementary School
  • High School: Roosevelt High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X125
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 75

Tax Info

  • Tax Annual Amount: 2181.42
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 22, 2021
Sold by
Nicole Kimberly R and The Kimberly R Nicole Trust
Bought by
Hereth Anna C and Hoffman Evan J
Seller's Agent
Aykut Sinanoglu
Garry Real Estate
Buyer's Agent
Gloria Wiekert
Compass
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$352,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,938
Avg. Annual Appreciation
2.67%
Original Mortgage
$252,000
Outstanding Balance
$229,412
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$123,526

Purchase Details

Closed on
Apr 20, 2007
Sold by
Nicole Kimberly R
Bought by
Nicole Kimberly R and The Kimberly R Nicole Trust
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hereth Anna C $315,000 Chicago Title
Nicole Kimberly R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hereth Anna C $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $315,000 0.0% $217 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $315,000 -- $217 / 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 $4,235 $30,780 $4,532 $26,248
2023 $4,128 $20,000 $3,625 $16,375
2022 $4,128 $20,000 $3,625 $16,375
2021 $2,396 $19,999 $3,625 $16,374
2020 $2,334 $16,646 $1,877 $14,769
2019 $2,378 $18,655 $1,877 $16,778
2018 $2,831 $20,469 $1,877 $18,592
2017 $3,491 $19,538 $1,683 $17,855
2016 $4,017 $22,486 $1,683 $20,803
2015 $3,653 $22,486 $1,683 $20,803
2014 $2,984 $18,592 $1,553 $17,039
2013 $2,914 $18,592 $1,553 $17,039
Source: Public Records

Agents Affiliated with this Home

  • Aykut Sinanoglu

    Seller's Agent in 2021

    Aykut Sinanoglu

    Garry Real Estate

    (773) 592-3258

    1 in this area

    9 Total Sales

    Aykut Sinanoglu
    Section Image

  • G

    Buyer's Agent in 2021

    Gloria Wiekert

    Compass

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11103375

Midwest Real Estate Data (MRED)

APN: 13-14-208-027-1005

Illinois Cook County Chicago 60625 Albany Park

4640 N Drake Ave Unit 3S, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes