NOT LISTED FOR SALE

516 Drexel Ave Glencoe, IL 60022

Estimated Value: $1,127,000 - $1,697,000

4 Beds
4 Baths
2,483 Sq Ft
$598/Sq Ft Est. Value

About This Home

This home is located at 516 Drexel Ave, Glencoe, IL 60022 and is currently estimated at $1,484,229, approximately $597 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
$1,484,229

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
Interest Rate
7.18%

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%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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 $105,000
Open Petersen Andrea $721,500
Closed Petersen Kyle $500,000
Closed Petersen Kyle $95,550
Closed Petersen Kyle $600,000
Closed Petersen Kyle $600,000
Closed 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

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 $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

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