NOT LISTED FOR SALE

8156 S Drexel Ave Unit 2 Chicago, IL 60619

Grand Crossing Neighborhood

Estimated Value: $50,504 - $55,000

1 Bed
1 Bath
-- Sq Ft
$251/mo HOA Fee

Last Sold August 16, 2023

Last sale price $49,000

Est. 7% increase in value since last sale

Current estimated payment $569/month

44 Days on Market

Highlights

  • Wood Flooring
  • Resident Manager or Management On Site
  • Forced Air Heating and Cooling System
  • Living Room
  • Laundry Room
  • Dining Room

About This Home

As of August 2023

Great opportunity to own an affordable, condo with plenty of space in Chatham. This unit has recently been updated and has a great floor plan. Perfect for a 1st time homebuyer or a person looking to downsize.

Last Agent to Sell the Property

Iris McBride

Keller Williams ONEChicago License #475174137 Listed on: 06/10/2023

Keller Williams ONEChicago

Last Buyer's Agent

Alvaro Oliveros

Oliveros Realty Company License #475201337

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $221

Year Renovated

  • 2023

Lot Details

  • 0.39

HOA Fees

  • $251 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 4-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 43 Units
  • Izabella Bielinska Association, Phone Number (312) 678-5122
  • Chatham Court Condos Subdivision
  • Property managed by CHATHAM COMMONS CONDO ASSOCIATION

Pet Policy

  • Pet Deposit Required
  • Dogs Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$221

Year Renovated

2023

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Chatham Court Condos
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2023

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 49000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Deposit Required, Dogs OK
  • Association Fee: 251
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: CHATHAM COMMONS CONDO ASSOCIATION
  • Management Contact Name: Izabella Bielinska
  • Management Phone: 312-678-5122
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 221.07
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 43

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Aug 14, 2023
Sold by
C & H Roots Llc
Bought by
Bermeo Luz Manna Cuervo
Seller's Agent
Iris McBride
Keller Williams ONEChicago
Buyer's Agent
Alvaro Oliveros
Oliveros Realty Company
List Price
$49,000
Sold Price
$49,000
Views
177
Current Estimated Value
$52,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,501
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Sep 15, 2010
Sold by
Bank Of America National Association
Bought by
C & H Roots Llc

Purchase Details

Closed on
Jul 1, 2010
Sold by
Bailey Veola
Bought by
Bank Of America National Association

Purchase Details

Closed on
Apr 10, 2006
Sold by
Drexel Investment Group Llc
Bought by
Bailey Veola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Bermeo Luz Manna Cuervo $49,000 Chicago Title
C & H Roots Llc $13,000 Forum Title Insurance Co
Bank Of America National Association -- None Available
Bailey Veola $75,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Veola $60,000
Previous Owner Bailey Veola $11,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $49,000 0.0% --
07/25/2023 07/25/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $49,000 0.0% --
06/16/2023 06/16/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $49,000 -- --
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 $3,764 $228 $3,536
2023 $411 $2,000 $379 $1,621
2022 $411 $2,000 $379 $1,621
2021 $402 $1,999 $379 $1,620
2020 $528 $2,370 $273 $2,097
2019 $527 $2,622 $273 $2,349
2018 $872 $4,414 $273 $4,141
2017 $917 $4,261 $242 $4,019
2016 $853 $4,261 $242 $4,019
2015 $781 $4,261 $242 $4,019
2014 $1,079 $5,817 $227 $5,590
2013 $532 $2,923 $227 $2,696
Source: Public Records

Agents Affiliated with this Home

  • Iris McBride

    Seller's Agent in 2023

    Iris McBride

    Keller Williams ONEChicago

    (312) 622-5105

    7 in this area

    53 Total Sales

    Iris McBride
    Section Image

  • A

    Buyer's Agent in 2023

    Alvaro Oliveros

    Oliveros Realty Company

    (331) 803-1130

    2 in this area

    80 Total Sales

    Alvaro Oliveros
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11804880

Midwest Real Estate Data (MRED)

APN: 20-35-115-023-1023

Illinois Cook County Chicago 60619 Grand Crossing

8156 S Drexel Ave Unit 2, Chicago, IL

This home is located at 8156 S Drexel Ave Unit 2, Chicago, IL 60619 since 10 June 2023 and is currently estimated at $52,501. 8156 S Drexel Ave Unit 2 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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