NOT LISTED FOR SALE

5412 S Drexel Ave Chicago, IL 60615

Hyde Park Neighborhood
6 Beds
3 Baths
-- Sq Ft
1920 Built

Sale Details

Date Sold: April 16, 2021

Last sale price $630,000

12 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Intercom
  • Kenwood Academy High School Rated A-
  • Porch
  • 3-minute walk to Coleman (Bessie) Park

About This Home

As of April 2021

RARE Hyde Park 3-Flat! Ideally located directly across from lovely Coleman Park, and within walking distance to the University of Chicago, Seven Ten Lanes, 55th restaurants (including Starbucks on 55th Woodlawn) and CTA! Owners will enjoy huge condo-sized units; The top two units are approx. 1600+ SF and offer a beautiful sunroom, separate living and dining rooms, spacious bedrooms, hardwood floors throughout, and rear decks. The first floor unit has been beautifully renovated with new premium tile throughout, new stainless steel appliances, new shower, fresh paint, and offers a huge extra wide primary bedroom. Building amenities include a gated private yard with patio, parking slab for two cars, on-site coin laundry, intercom in each unit, and tankless water heater. Great tenants who have consistently paid on time for years. Beautifully-maintained building with easy to rent apartments. Per seller - Additional building improvements include: ejector pump installation, new tankless water heater in 2019, upgraded building entry door, new rear storm doors on two upper units, parapet wall tuckpointing, updated rear staircase. Please do not disturb tenants.

Last Agent to Sell the Property

Megan Stewart

Baird & Warner License #475116149 Listed on: 11/13/2020

Baird & Warner

Last Buyer's Agent

Seth Captain

Captain Realty LLC License #471005389

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,540

Year Built

  • Built in 1920

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Home Security

  • Intercom
  • Storm Screens

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,540

Year Built

Built in 1920

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: Sun Room
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Fireplace-Artificial,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Fireplace-Artificial,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch, Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: COMMON
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9539.55
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Mar 29, 2021
Sold by
Bought by
Seller's Agent
Megan Stewart
Baird & Warner
Buyer's Agent
Seth Captain
Captain Realty LLC
List Price
$625,000
Sold Price
$630,000
Premium/Discount to List
$5,000
0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,500
Interest Rate
5.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,100
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,100
Interest Rate
5.83%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 Chicago Title
$506,000 Chicago Title Insurance Co
$410,000 First American
-- Chicago Title Co
-- Ticor Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $504,000
Previous Owner $379,500
Previous Owner $240,000
Previous Owner $75,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $630,000 +0.8% --
11/25/2020 11/25/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $625,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,885 $70,000 $19,344 $50,656
2024 $9,885 $70,000 $19,344 $50,656
2023 $9,581 $50,000 $15,600 $34,400
2022 $9,581 $50,000 $15,600 $34,400
2021 $10,055 $50,000 $15,600 $34,400
2020 $9,519 $42,732 $12,480 $30,252
2019 $9,540 $47,481 $12,480 $35,001
2018 $9,379 $47,481 $12,480 $35,001
2017 $9,472 $44,000 $10,296 $33,704
2016 $8,813 $44,000 $10,296 $33,704
2015 $8,063 $44,000 $10,296 $33,704
2014 $6,940 $37,404 $8,424 $28,980
2013 $6,803 $37,404 $8,424 $28,980
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Megan Stewart

    Baird & Warner

    (630) 343-9375

    3 in this area

    28 Total Sales

    Megan Stewart
    Section Image
  • Seth Captain

    Buyer's Agent in 2021

    Seth Captain

    Captain Realty LLC

    (773) 744-5372

    65 Total Sales

    Seth Captain
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10932695

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60615 Hyde Park

5412 S Drexel Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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