NOT LISTED FOR SALE

839 E Drexel Square Chicago, IL 60615

Hyde Park Neighborhood
7 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: November 17, 2021

Last sale price $740,000

31 Days on Market

Highlights

  • Rowhouse Architecture
  • Forced Air Heating System
  • 1-minute walk to Coleman (Bessie) Park
  • Kenwood Academy High School Rated A-
  • Ceiling Fan

About This Home

As of November 2021

Own this rare, magnificent three unit in Hyde Park as an investment, or live in it with income! With its tall, carved limestone facade, this turn of the century three unit offers sweeping views of the Boulevard from each floor. Perfectly situated, a short walk to the U of C, the Lakefront, Hyde Park shopping and entertainment, Green Line & Metra Trains and the mansion lined streets of Kenwood, this three unit building has a duplex down on the main level (vacant 8/30/21), with 3 Bedrooms/2 Full Baths. The second and third floor units are both 2 Bedroom/1 Bath apartments, and are leased. All units feature separate HVAC, central A/C and seperate utilities. In the rear, there's a recent new porch with decks, a gated yard and parking of the alley. Drexel Square is a short one block section of Boulevard lined with trees and stately turn of the century homes & flats, with wonderful greenspace, in a very low traffic setting, a rare opportunity to own with income in Hyde Park.

Last Agent to Sell the Property

Wayne Beals

Exit Strategy Realty / EMA Management License #471018068 Listed on: 07/22/2021

Last Buyer's Agent

Rocio Calderon

Neighborhood Assistance Corp. License #475152397

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,414

Year Built

  • Built in 1892

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 20x145

Home Design

  • Rowhouse Architecture
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,414

Year Built

Built in 1892

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Row House
  • New Construction: No
  • Year Built: 1892
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 20X145
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 58800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 9413.88
  • Tax Year: 2019
  • Tax Exemptions: None

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 22, 2021
Closed on
Oct 6, 2021
Sold by
Bought by
Seller's Agent
Wayne Beals
Exit Strategy Realty / EMA Management
Buyer's Agent
Rocio Calderon
Neighborhood Assistance Corp.
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
0.0187%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2013
Closed on
Dec 19, 2013
Sold by
Bought by
Seller's Agent
Wayne Beals
Exit Strategy Realty / EMA Management
Buyer's Agent
Lorena Verdin
Verdin Real Estate Group
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$319,200
Interest Rate
0.0362%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 1995
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 1994
Sold by
Bought by
Source: Public Records
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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
$740,000 Heritage Title Company
$399,000 Chicago Title Land Trust Co
$249,000 1St American Title
-- --
$105,000 --
$135,000 --
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
Previous Owner $740,000
Previous Owner $319,200
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 Prior Sale
11/17/2021 11/17/21 Sold $740,000 -1.2% --
08/23/2021 08/23/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $749,000 +87.3% --
12/19/2013 12/19/13 Sold $399,900 0.0% -- View Prior Sale
11/17/2013 11/17/13 Pending -- -- --
11/13/2013 11/13/13 For Sale $399,900 0.0% --
11/06/2013 11/06/13 Pending -- -- --
10/31/2013 10/31/13 Price Changed $399,900 -4.6% --
10/12/2013 10/12/13 For Sale $419,000 -- --
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 $10,097 $65,000 $17,856 $47,144
2024 $10,097 $65,000 $17,856 $47,144
2023 $9,786 $51,000 $14,400 $36,600
2022 $9,786 $51,000 $14,400 $36,600
2021 $9,586 $51,000 $14,400 $36,600
2020 $9,391 $45,256 $11,520 $33,736
2019 $9,414 $50,285 $11,520 $38,765
2018 $9,733 $52,707 $11,520 $41,187
2017 $9,658 $48,242 $9,504 $38,738
2016 $9,662 $48,242 $9,504 $38,738
2015 $8,840 $48,242 $9,504 $38,738
2014 $7,528 $40,573 $7,776 $32,797
2013 $7,379 $40,573 $7,776 $32,797
Source: Public Records

Agents Affiliated with this Home

  • Wayne Beals

    Seller's Agent in 2021

    Wayne Beals

    Exit Strategy Realty / EMA Management

    (312) 772-3257

    5 in this area

    132 Total Sales

    Wayne Beals
    Section Image

  • R

    Buyer's Agent in 2021

    Rocio Calderon

    Neighborhood Assistance Corp.

    Section Image
  • Lorena Verdin

    Buyer's Agent in 2013

    Lorena Verdin

    Verdin Real Estate Group

    (708) 878-2896

    47 Total Sales

    Lorena Verdin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11137543

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60615 Hyde Park

839 E Drexel Square, 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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