NOT LISTED FOR SALE

741 N Drake Ave Chicago, IL 60624

Humboldt Park Neighborhood
4 Beds
2 Baths
-- Sq Ft
1890 Built

Sale Details

Date Sold: July 15, 2014

Last sale price $30,000

143 Days on Market

About This Home

As of July 2014

GREAT OPPORTUNITY 2 FLAT BRICK 2BEDS IN EACH UNIT. NEEDS WORK. PROPERTY IS SOLD "AS IS". TAXES PRORATED 100% PRE-APROVAL/PROOF OF FUNDS MUST ACCOMPANY ALL OFFERS/ EARNEST MONEY MUST BE CERTIFIED FOUNDS. EARNEST MONEY MUST BE 3% OF PURCHASE PRICE OR $1,000 WHICHEVER IS GREATER.

Last Agent to Sell the Property

Juan Peralta

Panamerican Real Estate Inc License #471004801 Listed on: 01/11/2014

Last Buyer's Agent

Adam Meredith

X Plus Real Estate License #475137237

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 1890

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$786

Year Built

Built in 1890

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 785.62
  • Tax Year: 2012
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2026
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 2016
Sold by
Bought by

Purchase Details

Listed on
Jan 11, 2014
Closed on
Jun 24, 2014
Sold by
Bought by
Seller's Agent
Juan Peralta
Panamerican Real Estate Inc
Buyer's Agent
Adam Meredith
X Plus Real Estate
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Purchase Details

Closed on
Feb 18, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2013
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
0.0599%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
0.0762%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
0.0664%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
0.0791%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
-- Chicago Title
$30,000 None Available
-- Ticor Title Insurance Co
-- None Available
-- None Available
$230,000 Stewart Title Of Illinois
-- Chicago Title Insurance Comp
$168,000 --
$66,000 Specialty Title Services Inc
-- First American Title
-- --
$100,000 --
$12,666 --
$15,000 --
$10,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $184,000
Previous Owner $151,200
Previous Owner $105,000
Previous Owner $97,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $30,000 -14.0% --
06/03/2014 06/03/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $34,900 0.0% --
01/14/2014 01/14/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $34,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,809 $22,000 $4,531 $17,469
2024 $3,809 $22,000 $4,531 $17,469
2023 $3,702 $18,000 $3,672 $14,328
2022 $3,702 $18,000 $3,672 $14,328
2021 $3,619 $17,999 $3,671 $14,328
2020 $2,301 $10,327 $3,671 $6,656
2019 $2,385 $11,871 $3,671 $8,200
2018 $2,345 $11,871 $3,671 $8,200
2017 $3,693 $17,153 $3,281 $13,872
2016 $3,840 $19,171 $3,281 $15,890
2015 $3,513 $19,171 $3,281 $15,890
2014 $812 $4,378 $3,125 $1,253
2013 $796 $4,378 $3,125 $1,253
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Juan Peralta

    Panamerican Real Estate Inc

    (312) 593-7272

    12 Total Sales

    Juan Peralta
    Section Image

  • A

    Buyer's Agent in 2014

    Adam Meredith

    X Plus Real Estate

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08514925

Midwest Real Estate Data (MRED)

APN: 16-11-201-011-0000

Illinois Cook County Chicago 60624 Humboldt Park

741 N Drake Ave, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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