NOT LISTED FOR SALE

8424 S Drexel Ave Chicago, IL 60619

Grand Crossing Neighborhood
6 Beds
3 Baths
4,338 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: July 15, 2022

Last sale price $350,000 $81 Per Sq Ft

4 Days on Market

About This Home

As of July 2022

Look no further...This Beautiful brick 3 flat located on a quiet tree lined street in Chatham is the perfect addition to your investor portfolio or home for the owner occupant. Each unit features 2 bed, 1 bath, separate living & dining room, hardwood flooring, granite countertops, stainless steel appliances, individual furnaces(tenant responsible for gas & electric) and enclosed back porch for additional space. The building has been carefully maintained with long term tenants. There is a 2 car brick garage to the rear. In addition, the entire building has been approved by Sec 8. The spacious basement is equipped with washer/dryer hook ups, laundry sink, an additional bathroom and plenty of storage. Schedule your showing today!

Last Agent to Sell the Property

Christopher Shaw

Coldwell Banker Realty License #475177570 Listed on: 05/25/2022

Coldwell Banker Realty

Last Buyer's Agent

Lovise Jiles

MNK Realty Professionals LLC License #471018708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,657

Year Built

  • Built in 1924 | Remodeled in 2017

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,657

Year Built

Built in 1924 | Remodeled in 2017

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Range Hood,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3656.54
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

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
May 25, 2022
Closed on
Aug 9, 2022
Sold by
Bought by
Seller's Agent
Christopher Shaw
Coldwell Banker Realty
Buyer's Agent
Lovise Jiles
MNK Realty Professionals LLC
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
0.055%
Mortgage Type
FHA

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 15, 2022
Sold by
Bought by
Seller's Agent
Christopher Shaw
Coldwell Banker Realty
Buyer's Agent
Lovise Jiles
MNK Realty Professionals LLC
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
0.055%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 22, 2018
Closed on
Mar 22, 2018
Sold by
Bought by
Seller's Agent
Denai Parker
Real People Realty, Inc.
Buyer's Agent
Christopher Shaw
Coldwell Banker Realty
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$247,000
Interest Rate
0.0512%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,060
Interest Rate
0.0687%
Mortgage Type
FHA
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
-- Chicago Title
$350,000 None Listed On Document
$260,000 Chicago Title
$65,000 Attorney
-- None Available
$210,000 Stewart Title
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 $343,660
Previous Owner $247,000
Previous Owner $207,060
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
07/15/2022 07/15/22 Sold $350,000 +1.4% $81 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $345,000 +32.7% $80 / Sq Ft
03/23/2018 03/23/18 Sold $260,000 -3.7% $60 / Sq Ft View Prior Sale
02/07/2018 02/07/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $269,900 -- $62 / Sq Ft
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 $3,798 $26,401 $2,363 $24,038
2024 $3,798 $26,401 $2,363 $24,038
2023 $3,702 $18,001 $3,938 $14,063
2022 $3,702 $18,001 $3,938 $14,063
2021 $3,619 $17,999 $3,937 $14,062
2020 $3,657 $16,414 $2,835 $13,579
2019 $3,748 $18,653 $2,835 $15,818
2018 $3,685 $18,653 $2,835 $15,818
2017 $4,405 $20,463 $2,520 $17,943
2016 $4,099 $20,463 $2,520 $17,943
2015 $3,750 $20,463 $2,520 $17,943
2014 $2,828 $17,810 $2,205 $15,605
2013 $2,761 $17,810 $2,205 $15,605
Source: Public Records

Agents Affiliated with this Home

  • Christopher Shaw

    Seller's Agent in 2022

    Christopher Shaw

    Coldwell Banker Realty

    (312) 385-9933

    2 in this area

    22 Total Sales

    Christopher Shaw
    Section Image
  • Lovise Jiles

    Buyer's Agent in 2022

    Lovise Jiles

    MNK Realty Professionals LLC

    (630) 544-1611

    1 in this area

    13 Total Sales

    Lovise Jiles
    Section Image

  • D

    Seller's Agent in 2018

    Denai Parker

    Real People Realty, Inc.

    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Philip Parker

    Real People Realty, Inc.

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11414841

Midwest Real Estate Data (MRED)

APN: 20353050320000

Illinois Cook County Chicago 60619 Grand Crossing

8424 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

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