516 Drexel Ave Glencoe, IL 60022
Estimated Value: $1,092,000 - $1,474,000
4
Beds
4
Baths
2,483
Sq Ft
$542/Sq Ft
Est. Value
About This Home
This home is located at 516 Drexel Ave, Glencoe, IL 60022 and is currently estimated at $1,345,059, approximately $541 per square foot. 516 Drexel Ave is a home located in Cook County with nearby schools including South Elementary School, Central School, and West School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2002
Sold by
516 Drexel Avenue Corp
Bought by
Petersen Kyle and Petersen Andrea
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$247,628
Interest Rate
7.18%
Estimated Equity
$1,097,431
Purchase Details
Closed on
Nov 9, 2000
Sold by
Facade Builders Inc
Bought by
516 Drexel Avenue Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,200
Interest Rate
10.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 19, 2000
Sold by
Jackson Henderson
Bought by
Facade Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
10%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Petersen Kyle | $969,000 | Chicago Title Insurance Co | |
| 516 Drexel Avenue Corp | -- | -- | |
| Facade Builders Inc | $292,000 | Centennial Title Incorporate |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Petersen Kyle | $600,000 | |
| Previous Owner | 516 Drexel Avenue Corp | $577,200 | |
| Previous Owner | Facade Builders Inc | $261,000 | |
| Closed | Petersen Kyle | $272,100 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $20,936 | $126,500 | $19,600 | $106,900 |
| 2024 | $20,936 | $88,787 | $17,500 | $71,287 |
| 2023 | $20,715 | $88,787 | $17,500 | $71,287 |
| 2022 | $20,715 | $94,000 | $17,500 | $76,500 |
| 2021 | $19,395 | $70,979 | $12,600 | $58,379 |
| 2020 | $18,893 | $70,979 | $12,600 | $58,379 |
| 2019 | $18,232 | $77,152 | $12,600 | $64,552 |
| 2018 | $22,709 | $92,767 | $11,200 | $81,567 |
| 2017 | $22,077 | $92,767 | $11,200 | $81,567 |
| 2016 | $25,695 | $113,307 | $11,200 | $102,107 |
| 2015 | $21,471 | $84,600 | $9,275 | $75,325 |
| 2014 | $20,954 | $84,600 | $9,275 | $75,325 |
| 2013 | $19,973 | $84,600 | $9,275 | $75,325 |
Source: Public Records
Map
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