NOT LISTED FOR SALE

8158 S Drexel Ave Unit 2 Chicago, IL 60619

Grand Crossing Neighborhood

Estimated Value: $66,000 - $78,078

2 Beds
1 Bath
1,027 Sq Ft
$363/mo HOA Fee

Last Sold February 13, 2024

Last sale price $60,500 $59 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $805/month

15 Days on Market

About This Home

As of February 2024

Buyer's financing fell through so we're back on the market. Well maintained 2 bedroom, 1 bath unit that is welcoming as soon as you enter. This unit features beautiful well kept hardwood floors throughout, except for the ceramic flooring in the bathroom, lots of natural light throughout the unit, front and back door access, recessed lighting, in unit furnace and AC, along with an in unit stackable washer and dryer housed in their own closet. The bedrooms are nice sized with ample closet space and are on opposite sides of the unit which would prove useful for roommates. Kitchen is fully updated with nice fixtures and stainless steel appliances. Gated building with security features including security cameras and an intercom system providing entry into the well maintained courtyard and the building. Roof is 7 years old and other capital improvements have been completed over the last few years without special assessments being required. The building is pet friendly with weight limitations so bring your fur baby. The unit is in close proximity to public transportation, schools, shopping, parks and other amenities. THIS UNIT CAN NOT BE RENTED, IT MUST BE OWNER OCCUPIED. Additionally, this home is not FHA/VA approved.

Last Agent to Sell the Property

Ethel Turner

Habloft LLC License #471005795 Listed on: 01/18/2024

Last Buyer's Agent

Michael Daniels

Coldwell Banker Realty License #475206356

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $221

Year Built

  • Built in 1924

Lot Details

  • 0.39

HOA Fees

  • $363 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,027 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 28 Units
  • Izabella Association, Phone Number (312) 678-5122
  • Property managed by Chatham Commons Condo Association

Pet Policy

  • Pets up to 30 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$221

Year Built

Built in 1924

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1027
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 63500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 363
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Chatham Commons Condo Association
  • Management Contact Name: Izabella
  • Management Phone: 312-678-5122
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 221.07
  • Tax Year: 2022

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 12, 2024
Sold by
Lavender Zachary W
Bought by
Simmons Eldridge
Seller's Agent
Ethel Turner
Habloft LLC
Buyer's Agent
Michael Daniels
Coldwell Banker Realty
List Price
$64,500
Sold Price
$60,500
Premium/Discount to List
-$4,000
-6.2%
Views
60
Current Estimated Value
$69,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,520
Avg. Annual Appreciation
8.75%

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 3, 2021
Sold by
Graffiti Enterprises Llc
Bought by
Lavender Zachary
Seller's Agent
Linda Ross
Baird & Warner
Buyer's Agent
Cedrick Hunter
Hunter's Realty, Inc.
List Price
$65,000
Sold Price
$46,000
Premium/Discount to List
-$19,000
-29.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$46,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2017
Sold by
Community Initiatives Inc
Bought by
Graffiti Entrprises Llc

Purchase Details

Closed on
Feb 21, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Community Initiatives Inc

Purchase Details

Closed on
Jul 20, 2015
Sold by
Dixon Arielle C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 1, 2005
Sold by
Drexel Investment Group Llc
Bought by
Dixon Arielle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,589
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Simmons Eldridge $60,500 Citywide Title
Lavender Zachary $46,000 Chicago Title
Graffiti Entrprises Llc $15,000 First American Title
Community Initiatives Inc $21,000 First American Title
Federal Home Loan Mortgage Corporation -- Attorney
Dixon Arielle C $104,000 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavender Zachary W $46,000
Previous Owner Dixon Arielle C $92,500
Previous Owner Dixon Arielle C $100,589
Previous Owner Drexel Investment Group Llc $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $60,500 -4.7% $59 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $63,500 -1.6% $62 / Sq Ft
01/18/2024 01/18/24 For Sale $64,500 +40.2% $63 / Sq Ft
05/05/2021 05/05/21 Sold $46,000 -29.2% $44 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $65,000 -- $62 / 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 -- $5,434 $329 $5,105
2023 -- $2,000 $548 $1,452
2022 $0 $2,000 $548 $1,452
2021 $402 $1,999 $547 $1,452
2020 $762 $3,422 $394 $3,028
2019 $760 $3,785 $394 $3,391
2018 $1,259 $6,373 $394 $5,979
2017 $598 $6,153 $350 $5,803
2016 $732 $6,153 $350 $5,803
2015 $647 $6,153 $350 $5,803
2014 $302 $4,198 $328 $3,870
2013 $285 $4,198 $328 $3,870
Source: Public Records

Agents Affiliated with this Home

  • Ethel Turner

    Seller's Agent in 2024

    Ethel Turner

    Habloft LLC

    (708) 997-0125

    2 in this area

    17 Total Sales

    Ethel Turner
    Section Image
  • Michael Daniels

    Buyer's Agent in 2024

    Michael Daniels

    Coldwell Banker Realty

    (773) 263-5128

    1 in this area

    23 Total Sales

    Michael Daniels
    Section Image
  • Linda Ross

    Seller's Agent in 2021

    Linda Ross

    Baird Warner

    (708) 525-1951

    2 in this area

    48 Total Sales

    Linda Ross
    Section Image
  • Cedrick Hunter

    Buyer's Agent in 2021

    Cedrick Hunter

    Hunter's Realty, Inc.

    (708) 628-2900

    1 in this area

    155 Total Sales

    Cedrick Hunter
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11963404

Midwest Real Estate Data (MRED)

APN: 20-35-115-023-1027

Illinois Cook County Chicago 60619 Grand Crossing

8158 S Drexel Ave Unit 2, Chicago, IL

This home is located at 8158 S Drexel Ave Unit 2, Chicago, IL 60619 since 18 January 2024 and is currently estimated at $69,020, approximately $67 per square foot. This property was built in 1924. 8158 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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