NOT LISTED FOR SALE

4910 N Drake Ave Unit 3 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $309,000 - $349,000

3 Beds
2 Baths
1,400 Sq Ft
$375/mo HOA Fee

Last Sold August 21, 2024

Last sale price $320,000 $229 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,490/month

12 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Balcony
  • Whirlpool Bathtub
  • Fenced Yard
  • Double Pane Windows

About This Home

As of August 2024

Welcome home to this beautifully maintained top-floor, end-unit in a charming classic Chicago courtyard building, just steps from the Brown Line Kimball station. This exquisite unit features diagonal oak flooring with elegant cherry inlays, refinished in 2015, complemented by solid core doors throughout and classic dentil molding. As you enter, you'll be greeted by an open kitchen that's perfect for entertaining, boasting granite countertops, 42" cherry cabinets, a large eat-at island, tile backsplash, and stainless-steel appliances. Natural light floods the space, leading to a sun-filled balcony (rebuilt in 2019), ideal for morning coffee or evening relaxation. The luxurious marble bath features a soothing jacuzzi tub, making it a perfect retreat. This unit has seen recent mechanical improvements, including a tankless water heater (2018), furnace (2017), and AC (2023) with a Nest thermostat, along with an in-unit washer/dryer for added ease and convenience. Storage won't be an issue here, with abundant closet space with organizers and a large walk-in storage room. Enjoy building amenities that include a bike room, wiring for high-speed gigabit internet, and security cameras. As if this home doesn't have enough to offer, you are located on a one-way street, conveniently near to Northeastern Illinois University, North Park University, and several picturesque parks along the North Branch. Don't miss your chance to own this stunning home!

Last Agent to Sell the Property

Eric Basiorka

Realty Executives Elite License #475164738 Listed on: 07/14/2024

Realty Executives Elite

Last Buyer's Agent

Stephanie Rosley

Westward360 RM License #475113407

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,177

Year Built

  • Built in 1922

Lot Details

  • 0.34

HOA Fees

  • $375 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Panel Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Balcony
  • Fenced Yard

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, snow removal
  • 30 Units
  • Caitlyn Association, Phone Number (312) 829-8900
  • Drake Commons Subdivision
  • Property managed by First Community Management

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,177

Year Built

Built in 1922

Lot Details

0

HOA Fees

$375 per month

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: 1922
  • 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): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1400
  • Other Equipment: Ceiling Fan(s), Water Heater-Gas
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Panel Door(s)
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 310000
  • Lot Features: Fenced Yard
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 375
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management
  • Management Contact Name: Caitlyn
  • Management Phone: 312-829-8900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4177
  • Tax Year: 2022

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2024
Closed on
Jul 25, 2024
Sold by
Grosvenor Adrian and Grosvenor Laura
Bought by
Waldorf Joseph
Seller's Agent
Eric Basiorka
Realty Executives Elite
Buyer's Agent
Stephanie Rosley
Westward360 RM
List Price
$310,000
Sold Price
$320,000
Premium/Discount to List
$10,000
3.23%
Views
30
Current Estimated Value
$332,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,565
Avg. Annual Appreciation
3.32%
Original Mortgage
$250,000
Outstanding Balance
$247,116
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$85,449

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 2, 2020
Sold by
Renfeld Derek and Tekippe Abraham
Bought by
Grosvenor Adrian
Seller's Agent
Deborah Hess
Compass
Buyer's Agent
Eric Basiorka
Realty Executives Elite
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$213,750
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2015
Closed on
Apr 10, 2015
Sold by
Blume Christian F
Bought by
Renfeld Derek and Tekippe Abraham
Seller's Agent
Bill Karner
Re/Max Cityview
Buyer's Agent
Veronica Miklusicak
@properties Christie's International Real Estate
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%
Original Mortgage
$199,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2011
Sold by
Ashe Aryel C and Malatesta Kenneth
Bought by
Blume Christian F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
4900 Drake Llc
Bought by
Ashe Aryel C and Malatesta Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
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
Waldorf Joseph $320,000 None Listed On Document
Grosvenor Adrian $225,000 Citywide Title Corporation
Renfeld Derek $210,000 Chicago Title Insurance Co
Blume Christian F $105,000 None Available
Ashe Aryel C $279,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waldorf Joseph $250,000
Previous Owner Grosvenor Adrian $213,750
Previous Owner Renfeld Derek $199,500
Previous Owner Blume Christian F $84,000
Previous Owner Ashe Aryel C $251,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2024 08/21/24 Sold $320,000 +3.2% $229 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/14/2024 07/14/24 Price Changed $310,000 0.0% $221 / Sq Ft
07/04/2024 07/04/24 For Sale $310,000 +37.8% $221 / Sq Ft
12/11/2020 12/11/20 Sold $225,000 0.0% $161 / Sq Ft View Prior Sale
10/30/2020 10/30/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $224,900 +7.1% $161 / Sq Ft
05/05/2015 05/05/15 Sold $210,000 -4.5% $150 / Sq Ft View Prior Sale
02/26/2015 02/26/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $219,900 -- $157 / 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 $4,285 $25,028 $2,240 $22,788
2023 $4,177 $20,240 $1,792 $18,448
2022 $4,177 $20,240 $1,792 $18,448
2021 $4,083 $20,238 $1,791 $18,447
2020 $2,707 $15,211 $927 $14,284
2019 $2,745 $17,045 $927 $16,118
2018 $2,697 $17,045 $927 $16,118
2017 $1,692 $11,209 $831 $10,378
2016 $1,751 $11,209 $831 $10,378
2015 $2,061 $11,209 $831 $10,378
2014 $1,742 $9,355 $767 $8,588
2013 $1,708 $9,355 $767 $8,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12102008

Midwest Real Estate Data (MRED)

APN: 13-11-416-033-1030