NOT LISTED FOR SALE

4642 N Drake Ave Unit 3N Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $312,000 - $371,000

2 Beds
2 Baths
1,450 Sq Ft
$258/mo HOA Fee

Last Sold April 01, 2022

Last sale price $295,000 $203 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,393/month

106 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Humidifier
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Drake Gardens

About This Home

As of April 2022

You will love this bright and sunny top-floor condo with treetop views. This 2 bedroom, 2 bath unit features newly refinished gleaming hardwood floors and fresh paint throughout. The modern kitchen includes tons of counter space, new flooring, new appliances and opens to an oversized living room making a great space for entertaining. A primary bedroom with private bath will make the perfect place to unwind. The unit also features a brand new washer and dryer, a private deck and one garage space. Additional huge storage area in the basement. This Albany Park location is ideal and only a few blocks from the Brown Line, restaurants, shopping and nightlife. There is also a neighborhood garden directly across the street with plots available. This is the one you have been waiting for! Schedule your showing today!

Last Agent to Sell the Property

Jeffrey Kaminski

Compass License #471019281 Listed on: 10/28/2021

Compass

Last Buyer's Agent

Melissa Vasic

Coldwell Banker Realty License #475122745

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,028

Year Built

  • Built in 1916 | Remodeled in 2001

Lot Details

  • 7,492

HOA Fees

  • $258 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
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,028

Year Built

Built in 1916 | Remodeled in 2001

Lot Details

0

HOA Fees

$258 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2001
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2001

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1450
  • Other Equipment: Humidifier
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 258
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Unknown
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 3027.61
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Apr 6, 2022
Sold by
Baltrusaitis Paul
Bought by
Roberts Elizabeth A and Roberts Mera E
Seller's Agent
Jeffrey Kaminski
Compass
Buyer's Agent
Melissa Vasic
Coldwell Banker Realty
List Price
$309,000
Sold Price
$295,000
Premium/Discount to List
-$14,000
-4.53%
Current Estimated Value
$338,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,658
Avg. Annual Appreciation
3.93%
Original Mortgage
$236,000
Outstanding Balance
$221,680
Interest Rate
4.25%
Estimated Equity
$116,978

Purchase Details

Listed on
Oct 28, 2021
Closed on
Apr 1, 2022
Sold by
Baltrusaitis Paul
Bought by
Roberts Elizabeth A and Roberts Mera E
Seller's Agent
Jeffrey Kaminski
Compass
Buyer's Agent
Melissa Vasic
Coldwell Banker Realty
List Price
$309,000
Sold Price
$295,000
Premium/Discount to List
-$14,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$221,680
Interest Rate
4.25%
Estimated Equity
$116,978

Purchase Details

Closed on
Feb 26, 2003
Sold by
Savela John L
Bought by
Baltrusaitis Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6%

Purchase Details

Closed on
May 26, 1999
Sold by
Albany Bank & Trust Company Na
Bought by
Savela John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
6.94%
Mortgage Type
Balloon
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
Roberts Elizabeth A $295,000 --
Roberts Elizabeth A $295,000 Prairie Title
Baltrusaitis Paul $200,000 Chicago Title Insurance Co
Savela John L $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Elizabeth A $236,000
Closed Roberts Elizabeth A $236,000
Previous Owner Baltrusaitis Paul $160,000
Previous Owner Savela John L $115,900
Closed Baltrusaitis Paul $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $295,000 -4.5% $203 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
10/28/2021 10/28/21 For Sale $309,000 -- $213 / 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 $3,422 $20,000 $3,625 $16,375
2022 $3,422 $20,000 $3,625 $16,375
2021 $3,363 $19,999 $3,625 $16,374
2020 $3,028 $16,646 $1,877 $14,769
2019 $3,069 $18,655 $1,877 $16,778
2018 $3,376 $20,469 $1,877 $18,592
2017 $3,640 $20,228 $1,683 $18,545
2016 $3,563 $20,228 $1,683 $18,545
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

  • J

    Seller's Agent in 2022

    Jeffrey Kaminski

    Compass

    (630) 861-1800

    2 in this area

    161 Total Sales

    Jeffrey Kaminski
    Section Image
  • Melissa Vasic

    Buyer's Agent in 2022

    Melissa Vasic

    Coldwell Banker Realty

    1 in this area

    117 Total Sales

    Melissa Vasic
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11256111

Midwest Real Estate Data (MRED)

APN: 13-14-208-027-1006

Illinois Cook County Chicago 60625 Albany Park

4642 N Drake Ave Unit 3N, Chicago, IL

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