NOT LISTED FOR SALE

706 N Drake Ave Chicago, IL 60624

Humboldt Park Neighborhood

Estimated Value: $243,066

3 Beds
1 Bath
1,100 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $198,000 $180 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,519/month

15 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • 2 Car Detached Garage
  • Ranch Style House
  • Fenced Yard
  • 1-minute walk to Central Park

About This Home

As of June 2023

Ranch style, brick home, located in a developing West Humboldt Park Neighborhood. Hardwood floors and 3 bedrooms on the main level.

Last Agent to Sell the Property

Jessica Smart

@properties Christie's International Real Estate License #475205185 Listed on: 04/17/2023

@properties Christie's International Real Estate

Last Buyer's Agent

BYRON DUTAN

Solaris Enterprises Inc License #475178881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1960

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Cul-De-Sac
  • Fenced Yard

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,213

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 2005
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator, Range Hood
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Full Bath
  • LivingArea: 1100
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 225000
  • Lot Features: Cul-De-Sac, Fenced Yard
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 30X125
  • Rural (Y/N): N
  • 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: 2212.89
  • Tax Year: 2021
  • Tax Exemptions: Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jun 7, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Medina Fernando Martinez
Seller's Agent
Jessica Smart
@properties Christie's International Real Estate
Buyer's Agent
BYRON DUTAN
Solaris Enterprises Inc
List Price
$225,000
Sold Price
$198,000
Premium/Discount to List
-$27,000
-12%
Total Days on Market
15
Views
35
Current Estimated Value
$243,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,066
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Feb 10, 2022
Sold by
Pernell Lue Ella
Bought by
Chicago Title Land Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.69%

Purchase Details

Closed on
Oct 18, 2021
Sold by
Pernell Lue Ella
Bought by
Chicago Title Land Trust Co

Purchase Details

Closed on
Jun 20, 2014
Sold by
Pernell Johnnie and Pernell Ada B
Bought by
Pernell Lue Ella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2002
Sold by
Mcfadden
Bought by
Pernell Johnnie
Source: Public Records

Range of Values:

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Average Value
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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
Medina Fernando Martinez $198,000 Chicago Title
Chicago Title Land Trust Co -- --
Chicago Title Land Trust Co -- --
Pernell Lue Ella $113,000 Prairie Title
Pernell Johnnie $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pernell Lue Ella $96,000
Previous Owner Pernell Lue Ella $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $198,000 -12.0% $180 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $225,000 -- $205 / 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 $2,335 $17,400 $4,423 $12,977
2023 $2,230 $17,000 $3,584 $13,416
2022 $2,230 $17,000 $3,584 $13,416
2021 $2,213 $16,999 $3,583 $13,416
2020 $1,030 $10,206 $3,583 $6,623
2019 $1,038 $11,340 $3,583 $7,757
2018 $2,240 $11,340 $3,583 $7,757
2017 $909 $11,431 $3,202 $8,229
2016 $1,322 $11,431 $3,202 $8,229
2015 $2,095 $11,431 $3,202 $8,229
2014 $1,395 $10,085 $3,050 $7,035
2013 $1,356 $10,085 $3,050 $7,035
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jessica Smart

    @ Properties

    (312) 254-0200

    1 in this area

    4 Total Sales

    Section Image

  • B

    Buyer's Agent in 2023

    BYRON DUTAN

    Solaris Enterprises Inc

    (773) 312-0871

    5 in this area

    56 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11761058

Midwest Real Estate Data (MRED)

APN: 16-11-200-035-0000

Illinois Cook County Chicago 60624 Humboldt Park

706 N Drake Ave, Chicago, IL

This home is located at 706 N Drake Ave, Chicago, IL 60624 since 17 April 2023 and is currently priced at $243,066, approximately $220 per square foot. This property was built in 1960. 706 N Drake Ave is a home located in Cook County with nearby schools including Ward L Elementary School, Orr Academy High School, and KIPP One Academy.

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