NOT LISTED FOR SALE

5510 W Drummond Place Chicago, IL 60639

Cragin Neighborhood

Estimated Value: $206,000 - $369,000

5 Beds
2 Baths
1,724 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $150,000 $87 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,775/month

10 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Den
  • Property is near a park
  • Main Floor Bedroom
  • Sitting Room

About This Home

As of February 2023

*ATTENTION EXPERIENCED INVESTORS & REHABBERS* Property in Need of Repair* 5 Bedrooms & 2 Full Baths. Current Floorplan has Second Floor setup as Related Living, Fenced Backyard & 2 Car Garage. Great Investment Opportunity, Property Sold "AS-IS". Ready For Quick Close!!! Due to the condition, Prior to entry/access all parties must sign a Hold Harmless Agreement * H&B DUE SUNDAY 1/29 @ 5PM *

Last Agent to Sell the Property

Roy Novak

Citywide Realty LLC License #475139119 Listed on: 01/20/2023

Last Buyer's Agent

Juan Espinosa

E-Professional Realty License #471015933

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,421

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 25x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,724 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Second Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Location

  • Property is near a park

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,421

Year Built

Built in 1915

Lot Details

0

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: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Pantry
  • LivingArea: 1724
  • Room Type: Den, Kitchen, Pantry, Foyer, Bedroom 5, Pantry, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access,Bathroom Rough-In
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Bathroom: None
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 150000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3420.99
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 8, 2023
Sold by
Macero Investments Inc
Bought by
Jacome Darwin S
Seller's Agent
Roy Novak
Citywide Realty LLC
Buyer's Agent
Juan Espinosa
E-Professional Realty
List Price
$150,000
Sold Price
$150,000
Views
136
Current Estimated Value
$278,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,195
Avg. Annual Appreciation
30.22%

Purchase Details

Closed on
Dec 1, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Macero Investments Inc

Purchase Details

Closed on
Aug 30, 2005
Sold by
Maslowski Raymond P
Bought by
Harris Trust & Savings Bank and Trust #Hth 2463
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
Jacome Darwin S $150,000 First American Title
Macero Investments Inc $75,500 None Listed On Document
Harris Trust & Savings Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Chicago Title Land Trust Co $30,213
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $150,000 0.0% $87 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $150,000 0.0% $87 / Sq Ft
01/31/2023 01/31/23 Off Market $150,000 -- --
01/26/2023 01/26/23 For Sale $150,000 0.0% $87 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $150,000 -- $87 / Sq Ft
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 $3,589 $34,500 $5,781 $28,719
2023 $3,499 $17,001 $4,688 $12,313
2022 $3,499 $17,001 $4,688 $12,313
2021 $3,421 $17,002 $4,690 $12,312
2020 $4,131 $18,534 $3,906 $14,628
2019 $4,186 $20,825 $3,906 $16,919
2018 $4,116 $20,825 $3,906 $16,919
2017 $4,013 $18,631 $3,437 $15,194
2016 $3,734 $18,631 $3,437 $15,194
2015 $3,416 $18,631 $3,437 $15,194
2014 $3,272 $17,621 $3,125 $14,496
2013 $3,207 $17,621 $3,125 $14,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11704329

Midwest Real Estate Data (MRED)

APN: 13-28-308-039-0000