NOT LISTED FOR SALE

4900 N Drake Ave Unit 3 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $236,653 - $272,000

2 Beds
1 Bath
1,000 Sq Ft
0.34 Acres

Highlights

  • Formal Dining Room
  • Living Room
  • Dogs and Cats Allowed
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

This spacious 2 bed/1 bath condo offers, in unit laundry, 2 large bedrooms, endless hardwood floors, an updated kitchen with stainless steel appliances, granite counter-tops and beautiful cabinetry! The open floor plan keeps the unit nice and bright while being on the top floor. The space includes an area for an office or extra living room space. Unit includes private balcony in front and a larger shared deck space off of the back. Garage parking INCLUDED a couple of buildings away. Pets welcome on a case by case basis with additional fee, storage included and within walking distance to the El, restaurants, shopping, and more!

Last Agent to Rent the Property

Russell Wedge

Fulton Grace Realty License #473015224 Listed on: 04/01/2022

Fulton Grace Realty

Last Renter's Agent

Aaron Nowak

Fulton Grace Realty License #475193309

Fulton Grace Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,804

Year Built

  • Built in 1920

Lot Details

  • 0.34

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Property Available on 6/1/22
  • Rent includes water

Community Details

Overview

  • Drake Commons Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,804

Year Built

Built in 1920

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2022-06-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1800
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: Drake Commons
  • Year Built: 1920
  • 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: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 1800
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: No
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Rent Includes: Water

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2006
Sold by
4900 Drake Llc
Bought by
Viruet Jose
Current Estimated Value
$261,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$104,850
Interest Rate
6.12%
Mortgage Type
Unknown
Estimated Equity
$156,313
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Viruet Jose $230,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viruet Jose $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Rented $1,800 0.0% --
04/01/2022 04/01/22 For Rent $1,800 +28.6% --
05/13/2020 05/13/20 Rented $1,400 0.0% --
05/08/2020 05/08/20 Under Contract -- -- --
05/01/2020 05/01/20 For Rent $1,400 0.0% --
06/26/2018 06/26/18 Rented $1,400 0.0% --
06/21/2018 06/21/18 Off Market $1,400 -- --
06/14/2018 06/14/18 Price Changed $1,400 -5.1% $2 / Sq Ft
05/30/2018 05/30/18 For Rent $1,475 -- --
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 $2,804 $19,931 $1,784 $18,147
2023 $2,712 $16,560 $1,427 $15,133
2022 $2,712 $16,560 $1,427 $15,133
2021 $2,669 $16,558 $1,426 $15,132
2020 $2,014 $12,113 $738 $11,375
2019 $2,045 $13,573 $738 $12,835
2018 $2,009 $13,573 $738 $12,835
2017 $1,199 $8,927 $662 $8,265
2016 $1,292 $8,927 $662 $8,265
2015 $1,159 $8,927 $662 $8,265
2014 $909 $7,450 $611 $6,839
2013 $880 $7,450 $611 $6,839
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2022

    Russell Wedge

    Fulton Grace Realty

    Section Image

  • A

    Tenant's Agent in 2022

    Aaron Nowak

    Fulton Grace Realty

    (312) 859-0123

    Aaron Nowak
    Section Image
  • Jen Bielarz

    Buyer's Agent in 2020

    Jen Bielarz

    Fulton Grace

    (312) 622-6272

    33 Total Sales

    Jen Bielarz
    Section Image
  • Adam Ballog

    Seller's Agent in 2018

    Adam Ballog

    Fulton Grace Realty

    (773) 301-7438

    Adam Ballog
    Section Image
  • Dan Rankin

    Buyer's Agent in 2018

    Dan Rankin

    Fulton Grace Realty

    (773) 817-1496

    Dan Rankin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11363121

Midwest Real Estate Data (MRED)

APN: 13-11-416-033-1011

Illinois Cook County Chicago 60625 Albany Park

4900 N Drake Ave Unit 3, Chicago, IL

This home is located at 4900 N Drake Ave Unit 3, Chicago, IL 60625 since 01 April 2022 and is currently priced at $261,163. This property was built in 1920. 4900 N Drake Ave Unit 3 is a home located in Cook County with nearby schools including Volta Elementary School, Roosevelt High School, and ASPIRA Haugan Middle School.

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