NOT LISTED FOR SALE

5520 W Drummond Place Chicago, IL 60639

Cragin Neighborhood

Estimated Value: $279,000 - $350,837

4 Beds
2 Baths
1,053 Sq Ft
$307/Sq Ft Est. Value

Last Sold September 15, 2018

Last sale price $184,600 $175 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,117/month

17 Days on Market

About This Home

As of September 2018

LEGAL BRICK 2 FLAT SOLD IN AS-IS CONDITION. MUST SEE - NOT A SHORT SALE - QUICK RESPONSE ON OFFERS GREAT BLOCK ,SOLD AS IS - NEEDS REHAB - GREAT UPSIDE FULL UNFINISHED ATTIC BRICK GARAGE MAKE OFFERS

Last Agent to Sell the Property

Ronald Ohr

Avenue 1 Realty Group License #471020729 Listed on: 06/25/2018

Last Buyer's Agent

Carlos Cubas

Weichert, Realtors - All Pro License #475151956

Weichert, Realtors - All Pro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,062

Lot Details

  • 3,136

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,062

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 189900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1062
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 10, 2018
Sold by
Karael Llc
Bought by
Tecpa Jhon
Seller's Agent
Ronald Ohr
Avenue 1 Realty Group
Buyer's Agent
Carlos Cubas
Weichert, Realtors - All Pro
List Price
$189,900
Sold Price
$184,600
Premium/Discount to List
-$5,300
-2.79%
Current Estimated Value
$323,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,609
Avg. Annual Appreciation
7.06%
Original Mortgage
$180,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2018
Sold by
Wheeler Robert L
Bought by
Karael Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tecpa Jhon $190,000 Chicago Title
Karael Llc $103,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tecpa Jhon $180,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2018 09/15/18 Sold $184,600 -2.8% $175 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $189,900 -- $180 / 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 $4,434 $32,000 $5,781 $26,219
2023 $4,322 $21,001 $4,688 $16,313
2022 $4,322 $21,001 $4,688 $16,313
2021 $4,226 $21,002 $4,690 $16,312
2020 $4,626 $20,755 $3,906 $16,849
2019 $4,688 $23,321 $3,906 $19,415
2018 $4,609 $23,321 $3,906 $19,415
2017 $644 $21,304 $3,437 $17,867
2016 $1,062 $21,304 $3,437 $17,867
2015 $1,021 $21,304 $3,437 $17,867
2014 $1,012 $19,864 $3,125 $16,739
2013 $1,016 $19,864 $3,125 $16,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09997011

Midwest Real Estate Data (MRED)

APN: 13-28-308-035-0000