NOT LISTED FOR SALE

6505 S Drexel Ave Unit 1 Chicago, IL 60637

Woodlawn Neighborhood

Estimated Value: $427,000 - $664,000

4 Beds
2 Baths
1,852 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $14,000 $8 Per Sq Ft

Est. 3,838% increase in value since last sale

Current estimated payment $3,128/month

54 Days on Market

About This Home

As of June 2014

Wow! Don't miss your chance to view and offer on this property in Chicago! This one is located near all amenities including transportation, school systems, and shopping centers. This could be a great investment opportunity and a chance to own property in Chicago.

Last Agent to Sell the Property

Mark Groble

Team GT PLLC License #471006030 Listed on: 04/16/2014

Last Buyer's Agent

Valerie Wright

RE/MAX Premier License #475148965

RE/MAX Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • 1885

Lot Details

  • 2,091

Home Design

  • Property Attached
  • Masonite

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

1885

Lot Details

2,091 Sq Ft Lot

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1885
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1885

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X11, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 11X11, On Level: Main Level
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X12, On Level: 2nd Level
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level
  • Estimated Sq Ft: 1852

Exterior Features

  • Exterior Building Type: Masonite

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 2104
  • Parcel Identification Number: 20231140020000

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 2

Tax Info

  • Taxes: 2423.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2017
Sold by
Benjamin Jackson & Association Llc
Bought by
Swilley Stephanie A
Current Estimated Value
$551,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,050
Outstanding Balance
$348,667
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$202,632

Purchase Details

Closed on
Jun 5, 2017
Sold by
Greenwood Llc Series 6505 Drexel
Bought by
Benjamin Jackson & Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 2016
Sold by
Rosenberg Robert D
Bought by
6119 Greenwood Llc

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jun 20, 2014
Sold by
Midfirst Bank
Bought by
Rosenberg Robert D
Seller's Agent
Mark Groble
Team GT PLLC
Buyer's Agent
Valerie Wright
RE/MAX Premier
List Price
$14,900
Sold Price
$14,000
Premium/Discount to List
-$900
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.77%

Purchase Details

Closed on
Apr 9, 2012
Sold by
Harris Teresa
Bought by
Midfirst Bank

Purchase Details

Closed on
Jan 11, 1996
Sold by
Weaver Ella H and Harris Eugene
Bought by
Harris Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,300
Interest Rate
7.28%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Swilley Stephanie A $439,000 Attorney
Benjamin Jackson & Associates Llc $135,000 North American Title
6119 Greenwood Llc -- Attorney
Rosenberg Robert D $14,000 First American
Midfirst Bank -- None Available
Harris Teresa $35,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swilley Stephanie A $417,050
Previous Owner Benjamin Jackson & Associates Llc $550,000
Previous Owner Harris Teresa $35,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $14,000 -6.0% $8 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $14,900 -- $8 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $3,109 $49,500 $2,630 $46,870
2024 $3,109 $49,500 $2,630 $46,870
2023 $2,999 $19,869 $2,630 $17,239
2022 $2,999 $19,869 $2,630 $17,239
2021 $2,950 $18,000 $2,630 $15,370
2020 $1,987 $12,020 $2,314 $9,706
2019 $1,965 $13,209 $2,314 $10,895
2018 $4,648 $23,528 $2,314 $21,214
2017 $721 $3,348 $2,104 $1,244
2016 $671 $3,348 $2,104 $1,244
2015 $614 $3,348 $2,104 $1,244
2014 $2,506 $13,507 $1,683 $11,824
2013 $2,457 $13,507 $1,683 $11,824
Source: Public Records

Agents Affiliated with this Home

  • Mark Groble

    Seller's Agent in 2014

    Mark Groble

    Team GT PLLC

    (708) 560-5109

    81 Total Sales

    Mark Groble
    Section Image
  • Valerie Wright

    Buyer's Agent in 2014

    Valerie Wright

    RE/MAX Premier

    (773) 505-3917

    25 Total Sales

    Valerie Wright
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08587523

Midwest Real Estate Data (MRED)

APN: 20-23-114-002-0000

Illinois Cook County Chicago 60637 Woodlawn

6505 S Drexel Ave Unit 1, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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