NOT LISTED FOR SALE

4904 N Drake Ave Unit 2W Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $238,000 - $265,000

2 Beds
1 Bath
1,000 Sq Ft
$265/mo HOA Fee

Last Sold July 22, 2021

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

Est. 23% increase in value since last sale

Current estimated payment $1,806/month

2 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • 1 Car Detached Garage
  • Whirlpool Bathtub
  • Balcony
  • Storage

About This Home

As of July 2021

You won't believe your eyes!!! This beautiful two bedroom, one bath condo, is immaculate and ready for you! Sun drenched, bright and airy, with a large east facing balcony. Awesome floorplan features open entertaining and dining area. The hardwood floors have just been refinished and are gleaming! ALL NEW stainless steel appliances, BRAND NEW washer and dryer, 42" cabinets, granite countertops, custom crown molding, and jacuzzi tub. This unit has it all! Spacious closets are found throughout the unit and an additional private storage room in the basement is a huge bonus. Building amenities include a bike room and wiring for high-speed gigabit internet. Located on a one-way street close to Northeastern Illinois University, North Park University, and several parks along the North Branch. Brown Line train is just a few blocks away! FHA approved, VA Eligible & Investor friendly. Rental garage parking is currently available next door if needed. Perfect in every sense of the word...make your appointment today!

Last Agent to Sell the Property

Eddie Christudhas

Solid Realty Services Inc License #475152249 Listed on: 06/26/2021

Last Buyer's Agent

Kirk Hudson

Baird & Warner License #475165423

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1920 | Remodeled in 2007

Lot Details

  • 0.34

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Leased Parking
  • Off Alley Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

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
  • 30 Units
  • Manager Association, Phone Number (312) 829-8900
  • Drake Commons Subdivision
  • Property managed by First Community Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,108

Year Built

Built in 1920 | Remodeled in 2007

Lot Details

0

HOA Fees

$265 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
  • 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): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1000
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1000
  • Total Sq Ft: 1000
  • Upper Level Sq Ft: 1000

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 203000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management
  • Management Contact Name: Manager
  • Management Phone: 312-829-8900

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Lease Amount: 160
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2107.7
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Jul 15, 2021
Sold by
Morales Christian A and Morales Jenny R
Bought by
Hill Robert
Seller's Agent
Eddie Christudhas
Solid Realty Services Inc
Buyer's Agent
Kirk Hudson
Baird & Warner
List Price
$203,000
Sold Price
$203,000
Current Estimated Value
$249,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,284
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
May 25, 2007
Sold by
4900 Drake Llc
Bought by
Morales Christian A and Morales Jenny D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.22%
Mortgage Type
Unknown
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
Hill Robert $203,000 Chicago Title
Morales Christian A $220,000 M G R Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Christian A $193,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $203,000 0.0% $203 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $203,000 -- $203 / 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 $2,804 $20,389 $1,825 $18,564
2023 $2,712 $16,560 $1,460 $15,100
2022 $2,712 $16,560 $1,460 $15,100
2021 $2,669 $16,558 $1,459 $15,099
2020 $2,076 $12,391 $755 $11,636
2019 $2,108 $13,885 $755 $13,130
2018 $2,071 $13,885 $755 $13,130
2017 $1,243 $9,132 $677 $8,455
2016 $1,333 $9,132 $677 $8,455
2015 $1,197 $9,132 $677 $8,455
2014 $941 $7,621 $625 $6,996
2013 $911 $7,621 $625 $6,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11137408

Midwest Real Estate Data (MRED)

APN: 13-11-416-033-1020