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

Sale Details

Date 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

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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

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

Listed on
Jul 30, 2018
Closed on
Oct 19, 2018
Sold by
Bought by
Seller's Agent
Michael Applegate
Straight-A Realty, LLC
Buyer's Agent
Michael Applegate
Straight-A Realty, LLC
List Price
$79,000
Sold Price
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,569
Outstanding Balance
$66,372
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 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
$176,000
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2003
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
$113,900
Interest Rate
5.97%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Grand Crossing, IL

  • Elizabeth Goodchild Real Estate Agent - Realty of America

    Elizabeth Goodchild

    Realty of America

    (224) 479-1826

    485 Total Sales

    1 in Grand Crossing

    $399,900 Price

    Elizabeth Goodchild
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  • Shaunda Brown Real Estate Agent - Bradley Myles Realty INC

    Shaunda Brown

    Responds Quickly

    Bradley Myles Realty INC

    (877) 559-8451

    30 Total Sales

    1 in Grand Crossing

    $33,000 Price

    Shaunda Brown
     Section Image
  • Don Robinson Real Estate Agent - ABS Property Consulting

    Don Robinson

    ABS Property Consulting

    (866) 346-9374

    46 Total Sales

    2 in Grand Crossing

    $170K - $247K Price Range

    Don Robinson
     Section Image
  • LaShonda Williams Real Estate Agent - Living Well Realty Co.

    LaShonda Williams

    Living Well Realty Co.

    (708) 340-6460

    70 Total Sales

    1 in Grand Crossing

    $265,000 Price

    LaShonda Williams
     Section Image
  • Karina Hiselman Real Estate Agent - Berkshire Hathaway HomeServices Starck Real Estate

    Karina Hiselman

    Berkshire Hathaway HomeServices Starck Real Estate

    (872) 217-9978

    76 Total Sales

    1 in Grand Crossing

    $315,000 Price

    Karina Hiselman
     Section Image
  • Shirley Walker Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Shirley Walker

    Berkshire Hathaway HomeServices Chicago

    (773) 365-9968

    17 Total Sales

    1 in Grand Crossing

    $525,000 Price

    Shirley Walker
     Section Image
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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
$79,000 Attorney
$220,000 Residential Title Services
$120,000 --
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
Open $77,569
Previous Owner $176,000
Previous Owner $113,900
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
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

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 $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 Real Estate Agent - Straight-A Realty, LLC

    Seller's Agent in 2018

    Michael Applegate

    Straight-A Realty, LLC

    (630) 288-2446

    85 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

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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