NOT LISTED FOR SALE

5418 S Drexel Ave Chicago, IL 60615

Hyde Park Neighborhood
6 Beds
2.5 Baths
3,500 Sq Ft
3,119 Sq Ft Lot

Sale Details

Date Sold: May 27, 2022

Last sale price $480,000 $137 Per Sq Ft

106 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Detached Garage
  • Living Room
  • Kenwood Academy High School Rated A-
  • Patio
  • 3-minute walk to Coleman (Bessie) Park

About This Home

As of May 2022

Currently investment property, set up for rental. 9 rooms. Or buy and convert to luxury single family home. All offers considered. 3 rooms in the basement.

Last Agent to Sell the Property

Jim Fleck

NextHome Best Realty License #471021820 Listed on: 01/11/2022

Last Buyer's Agent

Paul Johnson

Web Property Manager LLC License #471020242

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,420

Year Built

  • Built in 1900 | Remodeled in 2015

Lot Details

  • 3,119 Sq Ft Lot
  • Lot Dimensions are 24x130

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms

Partially Finished Basement

  • English Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Two Cooling Systems Mounted To A Wall/Window
  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • 200+ Amp Service
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,420

Year Built

Built in 1900 | Remodeled in 2015

Lot Details

3,119 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal
  • Basement: English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • LivingArea: 3500
  • Room Type: Bedroom 5, Bedroom 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Window/Wall Unit - 1, Window/Wall Units - 2, Window/Wall Units - 3+
  • Electric: 200+ Amp Service
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.0716
  • Lot Dimensions: 24X130
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11419.6
  • Tax Year: 2020

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
Jan 11, 2022
Closed on
May 27, 2022
Sold by
Bought by
Seller's Agent
Jim Fleck
NextHome Best Realty
Buyer's Agent
Paul Johnson
Web Property Manager LLC
List Price
$649,000
Sold Price
$480,000
Premium/Discount to List
-$169,000
-26.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,500
Interest Rate
0.0511%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2020
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
$372,600
Interest Rate
0.04%

Purchase Details

Closed on
Nov 18, 2019
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
$344,500
Interest Rate
0.0365%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 10, 2014
Closed on
Oct 10, 2014
Sold by
Bought by
Seller's Agent
Vergis Eiland
Coldwell Banker Residential
Buyer's Agent
Wendy Bernat
Berkshire Hathaway HomeServices Starck Real Estate - St Charles
List Price
$449,500
Sold Price
$350,000
Premium/Discount to List
-$99,500
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
0.0475%
Mortgage Type
New Conventional
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
$480,000 Chicago Title
-- --
-- Fidelity National Title
$350,000 Title Resources Guaranty Co
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
Open $305,500
Previous Owner $372,600
Previous Owner $344,500
Previous Owner $280,000
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 Prior Sale
05/27/2022 05/27/22 Sold $480,000 -4.0% $137 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $499,900 -23.0% $143 / Sq Ft
01/11/2022 01/11/22 For Sale $649,000 +85.4% $185 / Sq Ft
10/17/2014 10/17/14 Sold $350,000 0.0% $100 / Sq Ft View Prior Sale
09/03/2014 09/03/14 Pending -- -- --
08/28/2014 08/28/14 Price Changed $349,900 -5.4% $100 / Sq Ft
07/07/2014 07/07/14 Price Changed $369,900 -9.8% $106 / Sq Ft
04/10/2014 04/10/14 Price Changed $409,900 -8.8% $117 / Sq Ft
03/10/2014 03/10/14 For Sale $449,500 -- $128 / Sq Ft
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 $12,281 $62,000 $19,344 $42,656
2024 $12,281 $62,000 $19,344 $42,656
2023 $11,930 $58,000 $15,600 $42,400
2022 $11,930 $58,000 $15,600 $42,400
2021 $11,663 $58,000 $15,600 $42,400
2020 $11,420 $51,262 $12,480 $38,782
2019 $11,195 $55,720 $12,480 $43,240
2018 $11,007 $55,720 $12,480 $43,240
2017 $10,578 $49,138 $10,296 $38,842
2016 $9,842 $49,138 $10,296 $38,842
2015 $9,004 $49,138 $10,296 $38,842
2014 $8,174 $44,056 $8,424 $35,632
2013 $4,510 $44,056 $8,424 $35,632
Source: Public Records

Agents Affiliated with this Home

  • Jim Fleck

    Seller's Agent in 2022

    Jim Fleck

    NextHome Best Realty

    (630) 297-7629

    1 in this area

    16 Total Sales

    Jim Fleck
    Section Image

  • P

    Buyer's Agent in 2022

    Paul Johnson

    Web Property Manager LLC

    (773) 791-2337

    4 in this area

    12 Total Sales

    Paul Johnson
    Section Image

  • V

    Seller's Agent in 2014

    Vergis Eiland

    Coldwell Banker Residential

  • W

    Buyer's Agent in 2014

    Wendy Bernat

    Berkshire Hathaway HomeServices Starck Real Estate - St Charles

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11301775

Midwest Real Estate Data (MRED)

APN: 20-11-326-028

Illinois Cook County Chicago 60615 Hyde Park

5418 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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