5848 N Drake Ave Chicago, IL 60659
North Park NeighborhoodEstimated payment $3,442/month
Total Views
651
3
Beds
2
Baths
2,000
Sq Ft
$262
Price per Sq Ft
Highlights
- Very Popular Property
- Formal Dining Room
- Living Room
- Wood Flooring
- Patio
- Laundry Room
About This Home
Stunning Newly Renovated Home in Peterson Park Neighborhood! Step into modern elegance with this beautifully updated home, perfectly situated in one of Chicago's most charming neighborhoods. Thoughtfully designed with high-end finishes and contemporary touches, this residence offers the perfect blend of style and comfort. Gourmet Kitchen: Featuring sleek quartz countertops, new cabinetry, and top-of-the-line stainless steel Bosch appliances. Spacious Living Areas: Sun-drenched open-concept layout with hardwood floors and sophisticated lighting throughout. Spa-like primary suite with designer fixtures, walk-in shower, new vanities, and floor to ceiling shower glass. Private backyard and patio, ideal for entertaining or relaxing. Prime Location: Minutes from top restaurants, shopping, parks, and public transportation. Garage is set up for EV charging. This home is truly move-in ready and waiting for its next owner to enjoy everything Chicago's North Side has to offer. Don't miss out on this incredible opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,498
Year Built
- Built in 1961 | Remodeled in 2025
Lot Details
- Lot Dimensions are 30x125
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Off Alley Parking
- Parking Included in Price
Home Design
- Split Level Home
- Tri-Level Property
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,000 Sq Ft Home
- Family Room
- Living Room
- Formal Dining Room
- Wood Flooring
Kitchen
- Gas Oven
- Range with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- ENERGY STAR Qualified Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,498 | $44,000 | $13,125 | $30,875 |
| 2023 | $6,313 | $34,000 | $10,500 | $23,500 |
| 2022 | $6,313 | $34,000 | $10,500 | $23,500 |
| 2021 | $6,188 | $34,003 | $10,503 | $23,500 |
| 2020 | $6,315 | $31,353 | $5,437 | $25,916 |
| 2019 | $6,331 | $34,837 | $5,437 | $29,400 |
| 2018 | $6,223 | $34,837 | $5,437 | $29,400 |
| 2017 | $5,553 | $29,085 | $4,875 | $24,210 |
| 2016 | $5,343 | $29,085 | $4,875 | $24,210 |
| 2015 | $4,866 | $29,085 | $4,875 | $24,210 |
| 2014 | $4,743 | $28,037 | $4,500 | $23,537 |
| 2013 | $4,638 | $28,037 | $4,500 | $23,537 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $525,000 | +28.5% | $263 / Sq Ft |
| 03/27/2025 03/27/25 | Sold | $408,500 | -0.4% | $288 / Sq Ft |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 02/04/2025 02/04/25 | For Sale | $410,000 | 0.0% | $290 / Sq Ft |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- |
| 01/31/2025 01/31/25 | For Sale | $410,000 | 0.0% | $290 / Sq Ft |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | Price Changed | $410,000 | +17.1% | $290 / Sq Ft |
| 01/23/2025 01/23/25 | Price Changed | $350,000 | -17.6% | $247 / Sq Ft |
| 01/10/2025 01/10/25 | For Sale | $425,000 | 0.0% | $300 / Sq Ft |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 11/05/2024 11/05/24 | Price Changed | $425,000 | -3.4% | $300 / Sq Ft |
| 10/04/2024 10/04/24 | For Sale | $440,000 | -- | $311 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $408,500 | None Listed On Document | |
| Trustee Deed | -- | None Listed On Document | |
| Warranty Deed | $390,000 | Bt | |
| Warranty Deed | $390,000 | Bt | |
| Deed | $245,500 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $342,000 | Unknown | |
| Previous Owner | $312,000 | New Conventional | |
| Previous Owner | $58,600 | Credit Line Revolving | |
| Previous Owner | $196,400 | No Value Available | |
| Closed | $39,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12435187
APN: 13-02-409-021-0000
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