NOT LISTED FOR SALE

5227 S Drexel Ave Unit 1 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $207,000 - $313,000

2 Beds
2 Baths
1,200 Sq Ft
$216/Sq Ft Est. Value

Highlights

  • Courtyard
  • Living Room
  • Laundry Room
  • Kenwood Academy High School Rated A-
  • Resident Manager or Management On Site
  • 4-minute walk to Coleman (Bessie) Park

About This Home

As of October 2024

Welcome to Drexel Ave! This stunning 2-bedroom, 2-bathroom apartment is move-in ready and perfectly situated in Chicago's vibrant Hyde Park neighborhood. The freshly painted unit faces west, offering abundant natural light through its windows overlooking the courtyard. Enjoy the elegance of hardwood floors throughout, complemented by granite countertops and stainless steel appliances in the kitchen. The apartment is equipped with central air and heat, and there is washer and dryer in unit for your convenience. The primary bedroom is exceptionally spacious, featuring a large walk-in closet and an en suite bathroom with dual sinks. Additional amenities include access to a storage and bike room. On-street parking is available, and you'll love the close proximity to the Museum of Science and Industry, the University of Chicago, as well as numerous shopping and dining options. Don't miss out on this beautiful apartment-it won't last long! The landlord is open to short-term leases. An application along with a credit and background check is required, and co-signers are welcome. Available now!

Last Agent to Rent the Property

Karina Hiselman

Compass License #475160708 Listed on: 09/05/2024

Compass

Last Renter's Agent

Karina Hiselman

Compass License #475160708 Listed on: 09/05/2024

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,023

Year Built | Renovated

  • 1916 | 2011

Lot Details

  • 0.28

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Kozminski Elementary School Comm
  • Jones College Prep High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Courtyard
  • Lot Dimensions are 115x105

Listing and Financial Details

  • Security Deposit $2,250
  • Property Available on 9/5/24
  • Rent includes water, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Recreation

  • Bike Trail

Pet Policy

  • Dogs Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,023

Year Built | Renovated

1916 | 2011

Lot Details

0

Rental Info

  • Available Date: 2024-09-05
  • Lease Term: 12 Months
  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2100
  • Security Deposit: 2250
  • Fees/Approvals: Credit Report
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Courtyard
  • Property Sub-Type: Attached
  • Age: 41-50 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: 1
  • Rehab Year: 2011
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built (Public Record): 1916
  • Year Renovated: 2011

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Rent Includes: Water, Lawn Care, Snow Removal
  • Management: Manager On-site

Schools

  • Elementary School: Kozminski Elementary School Comm
  • High School: Jones College Prep High School

Lot Info

  • Lot Dimensions: 115X105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2011
Sold by
Drexel Properties Llc
Bought by
Christopher Jessica L
Current Estimated Value
$258,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$74,049
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$184,756
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
Christopher Jessica L $145,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christopher Jessica L $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Rented $2,100 0.0% --
10/22/2024 10/22/24 Under Contract -- -- --
10/15/2024 10/15/24 For Rent $2,100 0.0% --
10/12/2024 10/12/24 Under Contract -- -- --
10/03/2024 10/03/24 Price Changed $2,100 -6.7% $2 / Sq Ft
09/25/2024 09/25/24 For Rent $2,250 0.0% --
09/23/2024 09/23/24 Under Contract -- -- --
09/05/2024 09/05/24 For Rent $2,250 -- --
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 $4,023 $22,499 $4,039 $18,460
2023 $3,908 $19,000 $3,257 $15,743
2022 $3,908 $19,000 $3,257 $15,743
2021 $3,820 $18,998 $3,256 $15,742
2020 $2,925 $13,131 $2,605 $10,526
2019 $2,873 $14,299 $2,605 $11,694
2018 $2,825 $14,299 $2,605 $11,694
2017 $2,678 $12,441 $2,149 $10,292
2016 $2,492 $12,441 $2,149 $10,292
2015 $2,280 $12,441 $2,149 $10,292
2014 $2,377 $12,811 $1,758 $11,053
2013 $2,330 $12,811 $1,758 $11,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12156341

Midwest Real Estate Data (MRED)

APN: 20-11-307-022-1018