NOT LISTED FOR SALE

4703 N Drake Ave Unit 1 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $377,000 - $414,918

3 Beds
3 Baths
1,836 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $365,000 $199 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,764/month

5 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Resident Manager or Management On Site
  • Whirlpool Bathtub
  • Patio
  • 1-minute walk to Drake Gardens

About This Home

As of June 2022

Beautiful 3-bedroom, 3-bathroom Duplex Condo located in East Albany Park. This well-maintained unit has a wonderful layout, and it is completely move-in ready! Hardwood flooring on the entire first floor and tasteful finishes throughout. Nice open floorplan in the main living area, recently updated kitchen with 42 in cabinets, granite countertops, stainless steel appliances and spacious island. You will love all the natural light that enters the condo, a cozy but large living space. 3 full bathrooms and the primary bathroom has a jacuzzi tub. The lower level features a large family room area with newer carpet and lots of additional storage. The laundry closet has a side-by-side washer and dryer and additional shelving. Common area outdoor space behind the building is perfect for enjoying the upcoming summer. Garage space currently leased for $120 a month. Active HOA, professionally managed and well-maintained building. Pet friendly, cats and dogs. Close to the Brownline Kimball station, fun restaurants, and close to the Drake Gardens; a community garden where you can peacefully enjoy the shared plants and flowers, rent a plot to grow your own, or bring the family out for monthly themed events.. Pleasant neighborhood, this unit won't last long!

Last Agent to Sell the Property

Mark Keppy

Baird & Warner License #475119708 Listed on: 04/20/2022

Baird & Warner

Co-Listed By

Sinead Jacobs

Baird & Warner License #475191538

Last Buyer's Agent

Vincent Anzalone

Baird & Warner License #475167321

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,603

Year Built

  • Built in 1914

Lot Details

  • 7,362

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Leased Parking

Home Design

  • Half Duplex
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,836 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 14 Units
  • Manager Association, Phone Number (312) 414-1105
  • Property managed by Property Hill Management

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,603

Year Built

Built in 1914

Lot Details

0

HOA Fees

$267 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo,Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex,Condo,Condo-Duplex
  • Year Built: 1914
  • 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
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1836
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 267
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Hill Management
  • Management Contact Name: manager
  • Management Phone: 312-414-1105
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 120
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3602.52
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Feb 28, 2018
Sold by
Howard David G
Bought by
Hartline Eric and Smith Carlene
Seller's Agent
Chester Jakala
Telequest Corp.
Buyer's Agent
Mark Keppy
Baird & Warner
List Price
$265,000
Sold Price
$257,000
Premium/Discount to List
-$8,000
-3.02%
Current Estimated Value
$392,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,980
Avg. Annual Appreciation
5.72%
Original Mortgage
$249,290
Outstanding Balance
$214,225
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$178,755

Purchase Details

Closed on
Jun 27, 2008
Sold by
Drake Avenue Condominiums Llc
Bought by
Howard David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2002
Sold by
Panovich Radovan and Panovich Genevieve
Bought by
Panovich Radovan and Panovich Genevieve
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
Hartline Eric $257,000 Chicago Title
Howard David G $260,000 Multiple
Panovich Radovan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartline Eric $249,290
Previous Owner Howard David G $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $365,000 +12.3% $199 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $325,000 +26.5% $177 / Sq Ft
03/15/2018 03/15/18 Sold $257,000 -3.0% $135 / Sq Ft View Prior Sale
02/03/2018 02/03/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $265,000 -- $139 / 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 $5,230 $29,233 $2,057 $27,176
2023 $4,392 $24,700 $1,646 $23,054
2022 $4,392 $24,700 $1,646 $23,054
2021 $4,311 $24,699 $1,645 $23,054
2020 $3,603 $19,218 $852 $18,366
2019 $4,342 $21,537 $852 $20,685
2018 $4,268 $21,537 $852 $20,685
2017 $4,043 $18,717 $764 $17,953
2016 $3,761 $18,717 $764 $17,953
2015 $3,442 $18,717 $764 $17,953
2014 $2,971 $15,955 $705 $15,250
2013 $2,912 $15,955 $705 $15,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11379836

Midwest Real Estate Data (MRED)

APN: 13-14-201-035-1012