NOT LISTED FOR SALE

8148 S Drexel Ave Unit 1 Chicago, IL 60619

Grand Crossing Neighborhood

Estimated Value: $47,000 - $60,000

2 Beds
1 Bath
900 Sq Ft
$152/mo HOA Fee

Last Sold December 05, 2014

Last sale price $12,500 $14 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $485/month

49 Days on Market

About This Home

As of December 2014

Nice condo in move in condition. Bring your decorating ideas.

Last Agent to Sell the Property

Ramiz Sweiss

City Suburban Real Estate of IL, Inc. License #471011350 Listed on: 07/29/2014

Co-Listed By

Susan Fidler

City Suburban Real Estate of IL, Inc. License #475146593

Last Buyer's Agent

Tia Dudley

CIT Property Group,Inc. License #471012008

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $422

Lot Details

  • 0.39

HOA Fees

  • $152 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Property Details

Home Type

Condominium

Est. Annual Taxes

$422

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 18X13, On Level: Main Level
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Equipment: Intercom
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level
  • Estimated Sq Ft: 900

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Special Assessments: Y
  • Assessment Association Fees: 152
  • Management Contact Name: Secretary
  • Management Phone: 773-285-9501

Fee Information

  • Management Company: New Begininigs Condo Assoc

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20351150231002

Multi Family

  • Total Number Unitsin Building: 28
  • Number Stories: 3

Tax Info

  • Taxes: 1425.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2014
Closed on
Dec 5, 2014
Sold by
Erinle Olufemi
Bought by
The Handyman Rental Properties Llc
Seller's Agent
Ramiz Sweiss
City Suburban Real Estate of IL, Inc.
Buyer's Agent
Tia Dudley
CIT Property Group,Inc.
List Price
$22,500
Sold Price
$12,500
Premium/Discount to List
-$10,000
-44.44%
Current Estimated Value
$55,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,415
Avg. Annual Appreciation
14.82%

Purchase Details

Closed on
Oct 21, 2005
Sold by
Drexel Investment Group Llc
Bought by
Erinle Olufemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
8.11%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
The Handyman Rental Properties Llc $12,500 Multiple
Erinle Olufemi $95,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erinle Olufemi $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $12,500 0.0% $14 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
09/03/2014 09/03/14 Price Changed $12,500 -44.4% $14 / Sq Ft
07/29/2014 07/29/14 For Sale $22,500 -- $25 / 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 $422 $5,138 $311 $4,827
2023 $411 $2,000 $518 $1,482
2022 $411 $2,000 $518 $1,482
2021 $402 $1,999 $517 $1,482
2020 $721 $3,235 $372 $2,863
2019 $719 $3,579 $372 $3,207
2018 $1,190 $6,025 $372 $5,653
2017 $1,252 $5,818 $331 $5,487
2016 $1,165 $5,818 $331 $5,487
2015 $1,066 $5,818 $331 $5,487
2014 $962 $5,183 $310 $4,873
2013 $726 $3,990 $310 $3,680
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ramiz Sweiss

    City Suburban Real Estate of IL, Inc.

    (708) 692-1192

    11 Total Sales

    Ramiz Sweiss
    Section Image

  • S

    Seller Co-Listing Agent in 2014

    Susan Fidler

    City Suburban Real Estate of IL, Inc.

    Section Image

  • T

    Buyer's Agent in 2014

    Tia Dudley

    CIT Property Group,Inc.

    (773) 819-0059

    3 in this area

    20 Total Sales

    Tia Dudley
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08687581

Midwest Real Estate Data (MRED)

APN: 20-35-115-023-1002

Illinois Cook County Chicago 60619 Grand Crossing

8148 S Drexel Ave Unit 1, Chicago, IL

This home is located at 8148 S Drexel Ave Unit 1, Chicago, IL 60619 since 29 July 2014 and is currently estimated at $55,915, approximately $62 per square foot. 8148 S Drexel Ave Unit 1 is a home located in Cook County with nearby schools including Ashe Elementary School, Emil G. Hirsch Metropolitan High School, and Betty Shabazz Academy.

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