NOT LISTED FOR SALE

5514 W Drummond Place Chicago, IL 60639

Cragin Neighborhood
5 Beds
4 Baths
2,448 Sq Ft
1914 Built

Sale Details

Date Sold: February 21, 2023

Last sale price $400,000 $163 Per Sq Ft

4 Days on Market

About This Home

As of February 2023

Move in condition, legal 2 flat with 1 in law.

Last Agent to Sell the Property

Mauricio Vides

Hometown Real Estate Group License #475153704 Listed on: 01/13/2023

Hometown Real Estate Group

Last Buyer's Agent

Jose R Segura

HomeSmart Connect LLC License #475154306

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1914 | Remodeled in 2022

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio
  • Lot Dimensions are 25x125

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,288

Year Built

Built in 1914 | Remodeled in 2022

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

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: 3288.05
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 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
Jan 13, 2023
Closed on
Feb 14, 2023
Sold by
Bought by
Seller's Agent
Mauricio Vides
Hometown Real Estate Group
Buyer's Agent
Jose R Segura
HomeSmart Connect LLC
List Price
$400,000
Sold Price
$400,000
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
0.0612%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2016
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
$37,000
Interest Rate
0.036%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 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
$268,000
Interest Rate
0.0699%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2003
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
$165,000
Interest Rate
0.053%
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
$400,000 None Listed On Document
-- Attorney
$70,000 None Available
$61,000 Multiple
-- None Available
$335,000 Heritage Title Company
-- Cst
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 $392,755
Previous Owner $37,000
Previous Owner $268,000
Previous Owner $165,000
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
02/21/2023 02/21/23 Sold $400,000 0.0% $163 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $400,000 -- $163 / 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 $3,596 $42,000 $5,781 $36,219
2024 $3,596 $42,000 $5,781 $36,219
2023 $3,467 $23,001 $4,688 $18,313
2022 $3,467 $23,001 $4,688 $18,313
2021 $3,288 $23,002 $4,690 $18,312
2020 $4,174 $24,310 $3,906 $20,404
2019 $4,442 $28,268 $3,906 $24,362
2018 $5,587 $28,268 $3,906 $24,362
2017 $6,262 $29,071 $3,437 $25,634
2016 $5,826 $29,071 $3,437 $25,634
2015 $5,330 $29,071 $3,437 $25,634
2014 $5,025 $27,062 $3,125 $23,937
2013 $4,926 $27,062 $3,125 $23,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11700567

Midwest Real Estate Data (MRED)
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