NOT LISTED FOR SALE

740 N Drake Ave Chicago, IL 60624

Humboldt Park Neighborhood

Estimated Value: $320,000 - $443,000

6 Beds
3 Baths
2,400 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $315,000 $131 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,280/month

25 Days on Market

Highlights

  • Deck
  • Central Air
  • 2-minute walk to Central Park
  • Detached Garage

About This Home

As of May 2020

Wow! Stunning, newly remodeled, 6 bedrooms, 3 full bathrooms home* 2 brand new levels of living space*Second floor features master suite* Beautiful new floors* Top of the line finishes* Quartz countertops*Stainless steel appliances*Nice back yard with huge deck*

Last Agent to Sell the Property

Malgorzata Zahradnicek

Happy Homes Realty Inc. License #471020741 Listed on: 03/11/2020

Last Buyer's Agent

Grisell Perez

Coldwell Banker Realty License #475152714

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,597

Year Renovated

  • 2020

Lot Details

  • 3,049

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Utilities

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

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House
  • Deck

Listing and Financial Details

  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,597

Year Renovated

2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 10X10, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: 5th Bedroom, 6th Bedroom
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X12, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2400

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.0728

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 16112000230000

Tax Info

  • Taxes: 2673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 20, 2020
Sold by
Magiera Grzegorz
Bought by
Edmonds Zachary and Edmonds Janice
Seller's Agent
Malgorzata Zahradnicek
Happy Homes Realty Inc.
Buyer's Agent
Grisell Perez
Coldwell Banker Realty
List Price
$309,900
Sold Price
$315,000
Premium/Discount to List
$5,100
1.65%
Current Estimated Value
$377,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,552
Avg. Annual Appreciation
3.39%
Original Mortgage
$303,975
Outstanding Balance
$269,718
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$107,834

Purchase Details

Closed on
Jun 18, 2019
Sold by
Reed Yvonne
Bought by
Magiera Grzegorz

Purchase Details

Closed on
Dec 14, 2011
Sold by
Reed Kenneth W
Bought by
Reed Yvonne
Source: Public Records

Range of Values:

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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
Edmonds Zachary $315,000 Fidelity National Title
Magiera Grzegorz $32,500 Greater Illinois Title
Reed Yvonne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edmonds Zachary $303,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2020 05/20/20 Sold $315,000 +1.6% $131 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $309,900 -- $129 / 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 $3,597 $18,400 $4,599 $13,801
2023 $3,496 $17,000 $3,727 $13,273
2022 $3,496 $17,000 $3,727 $13,273
2021 $3,418 $16,999 $3,727 $13,272
2020 $2,713 $12,178 $3,727 $8,451
2019 $2,719 $13,532 $3,727 $9,805
2018 $2,673 $13,532 $3,727 $9,805
2017 $2,926 $13,590 $3,330 $10,260
2016 $2,722 $13,590 $3,330 $10,260
2015 $2,490 $13,590 $3,330 $10,260
2014 $2,575 $13,876 $3,172 $10,704
2013 $2,524 $13,876 $3,172 $10,704
Source: Public Records

Agents Affiliated with this Home

  • Malgorzata Zahradnicek

    Seller's Agent in 2020

    Malgorzata Zahradnicek

    Happy Homes Realty Inc.

    (708) 655-8655

    120 Total Sales

    Malgorzata Zahradnicek
    Section Image
  • Grisell Perez

    Buyer's Agent in 2020

    Grisell Perez

    Coldwell Banker Realty

    (773) 742-6643

    3 in this area

    26 Total Sales

    Grisell Perez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10663613

Midwest Real Estate Data (MRED)

APN: 16-11-200-023-0000

Illinois Cook County Chicago 60624 Humboldt Park

740 N Drake Ave, Chicago, IL

This home is located at 740 N Drake Ave, Chicago, IL 60624 since 11 March 2020 and is currently estimated at $377,552, approximately $157 per square foot. 740 N Drake Ave is a home located in Cook County with nearby schools including Ward L Elementary School, Orr Academy High School, and Polaris Elementary Charter Academy.

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