5848 N Drake Ave Chicago, IL 60659
North Park Neighborhood
3
Beds
2
Baths
1,416
Sq Ft
1961
Built
Highlights
- Wood Flooring
- Living Room
- Central Air
- Breakfast Room
- Laundry Room
- Family Room
About This Home
As of March 2025Located in the highly sought after Peterson Park community this side entrance split level provides and expansive layout with great upside, value add homes in this area do not hit the market often and this one will not last long! As you walk into this home you will love the open feel with a large sun drenched living room, formal dining that offer gleaming hardwood floors. The kitchen flows into the finished lower level which features a family room, laundry room along with a second bathroom and has exterior access to rear yard! There are three bedrooms on the second level of the home, all bedrooms features hardwood floors along with ample closet space. This home is in the right location, walk to Peterson Park, close to shopping, public transportation and much more! This home will not last long, get inside today to appreciate the equity potential which awaits
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,498
Year Built
- Built in 1961
Lot Details
- Lot Dimensions are 30 x 125
Parking
- 2 Car Garage
Home Design
- Split Level Home
- Brick Exterior Construction
Interior Spaces
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Basement
- English Basement
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2024
Closed on
Mar 25, 2025
Sold by
Rcf 2 Acquisition Trust and Us Bank Trust National Association
Bought by
Donnellan Jeffery
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Jeff Donnellan
HomeSmart Connect LLC
List Price
$410,000
Sold Price
$408,500
Premium/Discount to List
-$1,500
-0.37%
Views
378
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.60%
Purchase Details
Closed on
Apr 24, 2024
Sold by
Judicial Sales Corporation
Bought by
Rcf 2 Acquisition Trust and Us Bank Trust
Purchase Details
Closed on
Feb 9, 2005
Sold by
Cendant Mobility Financial Corp
Bought by
Zulovic Miralem and Zulovic Fatima
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2004
Sold by
Oleary Kevin F and Oleary Elaine M
Bought by
Cendant Mobility Financial Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2000
Sold by
Goldberg Gloria D
Bought by
Oleary Kevin F and Oleary Elaine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,400
Interest Rate
8.12%
Purchase Details
Closed on
Dec 16, 1999
Sold by
Goldberg Jerome H and Goldberg Gloria D
Bought by
Goldberg Jerome H and Jerome H Goldberg Trust #99
Purchase Details
Closed on
Nov 29, 1999
Sold by
Goldberg Jerome H and Goldberg Gloria D
Bought by
Goldberg Gloria D and Gloria D Goldberg Trust #99
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $550,000 | +34.6% | $306 / 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)
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Jeff Donnellan
J
Seller's Agent in 2025
Jeff Donnellan
HomeSmart Connect LLC
1 in this area
16 Total Sales
-
Ryan Smith
Seller's Agent in 2025
Ryan Smith
RE/MAX Premier
(312) 810-9680
2 in this area
811 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12181301
APN: 13-02-409-021-0000
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