NOT LISTED FOR SALE

4857 N Drake Ave Unit 3 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $273,000 - $308,308

2 Beds
2 Baths
-- Sq Ft
$363/mo HOA Fee

Last Sold December 28, 2023

Last sale price $277,500

Est. 5% increase in value since last sale

Current estimated payment $2,211/month

2 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Soaking Tub
  • Deck
  • Stainless Steel Appliances
  • Intercom

About This Home

As of December 2023

Natural sunlight bathes this top floor, corner 2 bedroom and 2 full bath in prime Albany Park. Only 1 block from the the Lawrence shopping district and 3 blocks to the Kimball Brown line station. The property was re-invented to condominiums in 2007. This sprawling and welcoming floorplan features an open concept kitchen- kitchen flows beautifully into the living room with decorative fireplace mantle and sunroom with West facing, bay windows. Primary bedroom features an expansive walk-in closet, tree top North facing views, and en-suite bath with soaking tub and separate stand in shower. Additional in-home features include central heat and ac, laundry in unit, oak hardwood flooring, kitchen with stainless appliance suite, breakfast bar with generous seating options, vented hood, 2nd full bath with walk-in shower. To complete this beautiful space is your own corner of the back deck (see photos). Owners have lovingly cared for the condo with new AC condenser and water heater (2019), replaced storm door (2019), new refrigerator (2022), new washer/dryer (2023), furnace serviced on-schedule. Street parking is very realistic with options for both zoned parking (733) and free street parking; sellers have two vehicles- each being moved daily and no issues with street parking. Pets are allowed - 2 dogs up to 100lbs combined. Very active and pro-active association. This is the perfect space for your next chapter.

Last Agent to Sell the Property

Adrien Bellagio

Jameson Sotheby's Intl Realty License #475120397 Listed on: 12/03/2023

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Brittany Simon

Compass License #475138382

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,628

Year Built

  • Built in 1924 | Remodeled in 2007

Lot Details

  • 7,928

HOA Fees

  • $363 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

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, scavenger, snow removal
  • 16 Units
  • On Record Association
  • Property managed by Westward 360

Pet Policy

  • Pets up to 100 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,628

Year Built

Built in 1924 | Remodeled in 2007

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2007
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Open Floorplan
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 250000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 363
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360
  • Management Contact Name: On Record
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 3628.49
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 16

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2023
Closed on
Dec 21, 2023
Sold by
Krzyzanowski Bradley and Krzyzanowski Maggie Mae
Bought by
Peakes Isabella and Peakes Andrew
Seller's Agent
Adrien Bellagio
Jameson Sotheby's Intl Realty
Buyer's Agent
Brittany Simon
Compass
List Price
$250,000
Sold Price
$277,500
Premium/Discount to List
$27,500
11%
Views
71
Current Estimated Value
$290,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,077
Avg. Annual Appreciation
2.64%
Original Mortgage
$185,000
Outstanding Balance
$181,291
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
$109,286

Purchase Details

Closed on
Mar 15, 2021
Sold by
Chardell Maggie Mae and Krzyzanowski Bradley
Bought by
Chardell Maggie Mae and Krzyzanowski Bradley

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 23, 2018
Sold by
Bennett Michael C and Husbands Jennifer Leigh
Bought by
Krzyzanowski Bradley and Chardell Maggie M
Seller's Agent
Karen Daly
@properties Christie's International Real Estate
Buyer's Agent
Benjamin Papale
Jameson Sotheby's Intl Realty
List Price
$224,000
Sold Price
$215,000
Premium/Discount to List
-$9,000
-4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$204,250
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2006
Sold by
Albany Bank & Trust Co Na
Bought by
Bennett Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.78%
Mortgage Type
New Conventional
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
Peakes Isabella $277,500 None Listed On Document
Chardell Maggie Mae -- Citywide Title
Krzyzanowski Bradley $215,000 Proper Title Llc
Bennett Michael C $273,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peakes Isabella $185,000
Previous Owner Krzyzanowski Bradley $204,250
Previous Owner Bennett Michael C $218,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2023 12/28/23 Sold $277,500 +11.0% --
12/06/2023 12/06/23 Pending -- -- --
12/03/2023 12/03/23 For Sale $250,000 +16.3% --
11/02/2018 11/02/18 Sold $215,000 -4.0% $195 / Sq Ft View Prior Sale
10/03/2018 10/03/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $224,000 0.0% $204 / Sq Ft
10/01/2016 10/01/16 Rented $1,500 0.0% --
09/20/2016 09/20/16 Under Contract -- -- --
09/15/2016 09/15/16 For Rent $1,500 -- --
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 $3,744 $25,560 $2,015 $23,545
2023 $3,628 $21,000 $1,612 $19,388
2022 $3,628 $21,000 $1,612 $19,388
2021 $3,565 $20,999 $1,611 $19,388
2020 $2,835 $15,786 $834 $14,952
2019 $3,566 $17,690 $834 $16,856
2018 $2,825 $17,690 $834 $16,856
2017 $3,187 $14,757 $748 $14,009
2016 $2,966 $14,757 $748 $14,009
2015 $2,714 $14,757 $748 $14,009
2014 $2,333 $12,528 $690 $11,838
2013 $2,287 $12,528 $690 $11,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11940701

Midwest Real Estate Data (MRED)

APN: 13-11-425-036-1016