NOT LISTED FOR SALE

7638 S Drexel Ave Chicago, IL 60619

Grand Crossing Neighborhood
3 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $79,000

21 Days on Market

Highlights

  • 1 Car Detached Garage
  • Heating System Uses Natural Gas
  • 3-minute walk to Grand Crossing Park
  • Enclosed Patio or Porch

About This Home

As of October 2018

Cash Flow, Cash Flow, Cash Flow! FHA Approved and Section 8 approved! Live on the top floor and be mortgage free! Don't miss out on this well maintained 2 flat in the Greater Grand Crossing neighborhood of Chicago. 1st floor unit is a 2 bed, 1 bath that is currently being rented to a great section 8 tenant at $900 per month. The second floor not occupied and it features 1 bed, 1 bath. Property recently appraised for $90,000 in March of 2018, that's $11,000 in instant equity a new home owner can enjoy! 2 bedroom unit can rent for up to $1,000 per month and the 1 bedroom unit can rent for up to $800 per month! This deal is a no brainier with plenty of equity and cash flow available! ***Seller will provide all new siding with a full price offer!

Last Agent to Sell the Property

Michael Applegate

Straight-A Realty, LLC License #471020131 Listed on: 07/30/2018

Last Buyer's Agent

Michael Applegate

Straight-A Realty, LLC License #471020131 Listed on: 07/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,843

Year Built

  • Built in 1887

Lot Details

  • 3,049

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Partial Basement
  • Enclosed Patio or Porch
  • 3,049 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,843

Year Built

Built in 1887

Lot Details

3,049 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1887
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 3125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2843
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,2 Story Unit/s
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $79,000 0.0% --
08/20/2018 08/20/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $79,000 -- --
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 $7 $10,901 $2,813 $8,088
2024 $7 $10,901 $2,813 $8,088
2023 -- $6,000 $3,906 $2,094
2022 $0 $6,000 $3,906 $2,094
2021 $1,206 $5,999 $3,906 $2,093
2020 $2,397 $10,761 $3,437 $7,324
2019 $2,429 $12,092 $3,437 $8,655
2018 $2,389 $12,092 $3,437 $8,655
2017 $3,056 $14,195 $3,125 $11,070
2016 $2,843 $14,195 $3,125 $11,070
2015 $2,601 $14,195 $3,125 $11,070
2014 $2,087 $11,246 $2,500 $8,746
2013 $2,045 $11,246 $2,500 $8,746
Source: Public Records

Agents Affiliated with this Home

  • Michael Applegate

    Seller's Agent in 2018

    Michael Applegate

    Straight-A Realty, LLC

    (630) 288-2446

    86 Total Sales

    Michael Applegate
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10034792

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60619 Grand Crossing

7638 S Drexel Ave, 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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