NOT LISTED FOR SALE

8130 S Drexel Ave Chicago, IL 60619

Grand Crossing Neighborhood
12 Beds
6 Baths
-- Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: October 31, 2018

Last sale price $270,000 $0 Per Sq Ft

61 Days on Market

About This Home

As of October 2018

Beautiful, Well-Kept Vintage, Charming 6-Unit property with Parking Garage and 6-Assigned Tenant Garage Parking Slots. Four Leased Unite, 2 Vacant; Current Monthly Rental Income: $3,780. Each Apartment has Hardwood Floors, Modern Appliances, etc. This One Is A MUST-SEE. Showing By Appmt Only. Vacant Apts Will Be Shown initially. Showings/Q-A, Contact Listing Broker's Cell# Directly. Showing Confirmations for "Documented" Financially Qualified Buyers Only.

Last Agent to Sell the Property

Faye Washington

Real People Realty License #471018471 Listed on: 04/12/2018

Real People Realty

Last Buyer's Agent

Marjorie Tatum

Keller Williams ONEChicago License #475142731

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Year Built

  • 1928

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Unfinished Basement

  • Exterior Basement Entry

Community Details

  • Fuel Expense $7,200
  • Insurance Expense $4,000

Listing and Financial Details

  • Tenant pays for electric
  • $2 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1928

Lot Details

0.25 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 29385
  • Outdoor Parking: Common Parking
  • Repairs Decor Expense: 1200
  • Scavenger Expense: 2400
  • Total Annual Exp: 15975
  • Total Annual Income: 45360
  • Total Monthly Income: 3780
  • Number of Ranges: 4
  • Number Of Refrigs: 4
  • Number Of Stories: 3
  • Estimated Year Built: 1928
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1928

Interior Features

  • Basement: Unfinished, Exterior Access

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.25
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: Assigned Spaces, Detached, Secured
  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Hot Water
  • Water Expense: 3600

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Heat, Water, Scavenger

Fee Information

  • Electricity Expense: 2400
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 1200

Lot Info

  • Lot Dimensions: .25
  • Lot Sq Ft: 7440
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Security Entrance, Sidewalks, Cable Ready
  • Parcel Identification Number: 20351150180000

Rental Info

  • Gross Rental Income: 45360
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 7200
  • Insurance Expense: 4000
  • Other Expenses: 1000

Tax Info

  • Taxes: 5775

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
Apr 12, 2018
Closed on
Oct 29, 2018
Sold by
Bought by
Seller's Agent
Faye Washington
Real People Realty
Buyer's Agent
Marjorie Tatum
Keller Williams ONEChicago
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,086
Interest Rate
0.0612%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 1994
Sold by
Bought by

Purchase Details

Closed on
May 6, 1994
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$270,000 Greater Illinois
$103,000 First American Title Insuran
$115,000 --
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 $20,686
Open $420,086
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 $270,000 -3.2% --
06/12/2018 06/12/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $279,000 -- --
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 $3,165 $29,000 $5,580 $23,420
2024 $3,165 $29,000 $5,580 $23,420
2023 $3,085 $15,000 $9,300 $5,700
2022 $3,085 $15,000 $9,300 $5,700
2021 $3,016 $15,000 $9,300 $5,700
2020 $3,540 $15,892 $6,696 $9,196
2019 $3,628 $18,060 $6,696 $11,364
2018 $3,567 $18,060 $6,696 $11,364
2017 $5,514 $25,612 $5,952 $19,660
2016 $5,130 $25,612 $5,952 $19,660
2015 $4,693 $25,612 $5,952 $19,660
2014 $5,775 $31,123 $5,208 $25,915
2013 $5,661 $31,123 $5,208 $25,915
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Faye Washington

    Real People Realty

    (312) 718-6774

    5 Total Sales

    Faye Washington
    Section Image
  • Marjorie Tatum

    Buyer's Agent in 2018

    Marjorie Tatum

    Keller Williams ONEChicago

    (312) 369-0986

    6 in this area

    24 Total Sales

    Marjorie Tatum
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09914351

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

8130 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.