NOT LISTED FOR SALE

5538 W Drummond Place Chicago, IL 60639

Cragin Neighborhood
6 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: January 3, 2022

Last sale price $469,000

6 Days on Market

Highlights

  • Deck
  • Community Pool
  • Enclosed Patio or Porch
  • Property is near park
  • 2 Car Detached Garage
  • Garden Bath

About This Home

As of January 2022

This is your opportunity to own a legal 3-flat in Belmont Cragin with low taxes! The building has been nicely updated and well maintained by the long time owners. The first floor features 2 bedrooms, full bath, living room, eat-in kitchen, and bonus room with sliding doors to deck that can double as an office. The second floor boasts hardwood floors throughout. Upstairs you will also find 2 bedrooms, full bath, light filled living room, eat-in kitchen, and den/office. The legal basement apartment is a major selling point and also has two bedrooms. The beautiful brick open front porch is rare for multi-family properties. The rear deck is perfect for entertaining. Updates include: roof (2021), water heater (2016), majority of windows replaced, sidewalk concrete (2021), spot tuckpointing (2021), and updated bathrooms. 2 car garage. Great rental income. Fantastic location near parks, schools, and shopping.

Last Agent to Sell the Property

Isaac Torres

IT Group Real Estate LLC License #471021457 Listed on: 10/07/2021

Last Buyer's Agent

Axel Juarez

Bright Future Realty License #471019476

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,985

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Parking

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

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms
  • Garden Bath

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near park

Utilities

  • Two Heating Systems
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units
  • 3 Flat

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,985

Year Built

Built in 1915

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Garden Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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, Steam, Baseboard, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Pool

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4985.02
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

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
Oct 7, 2021
Closed on
Nov 30, 2021
Sold by
Bought by
Seller's Agent
Isaac Torres
IT Group Real Estate LLC
Buyer's Agent
Axel Juarez
Bright Future Realty
List Price
$469,000
Sold Price
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,347
Interest Rate
0.0305%

Purchase Details

Closed on
Nov 14, 2011
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
$214,423
Interest Rate
0.0312%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 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
$192,000
Interest Rate
0.0603%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 1997
Sold by
Bought by
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
-- --
$220,000 Chicago Title Insurance Co
-- --
-- Chicago Title Insurance 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
Previous Owner $453,347
Previous Owner $214,423
Previous Owner $192,000
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
01/03/2022 01/03/22 Sold $469,000 0.0% --
10/14/2021 10/14/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $469,000 -- --
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 $4,434 $42,000 $5,781 $36,219
2024 $4,434 $42,000 $5,781 $36,219
2023 $4,322 $21,001 $4,688 $16,313
2022 $4,322 $21,001 $4,688 $16,313
2021 $3,556 $21,002 $4,690 $16,312
2020 $4,985 $25,467 $3,906 $21,561
2019 $5,264 $29,613 $3,906 $25,707
2018 $5,174 $29,613 $3,906 $25,707
2017 $5,572 $29,245 $3,437 $25,808
2016 $5,360 $29,245 $3,437 $25,808
2015 $4,881 $29,245 $3,437 $25,808
2014 $3,608 $22,000 $3,125 $18,875
2013 $3,526 $22,000 $3,125 $18,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11240449

Midwest Real Estate Data (MRED)
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