NOT LISTED FOR SALE

851 E Drexel Square Unit 1A Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $344,000 - $404,000

4 Beds
2 Baths
2,400 Sq Ft
$599/mo HOA Fee

Last Sold May 14, 2024

Last sale price $380,000 $158 Per Sq Ft

Current estimated payment $2,885/month

4 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Corner Lot
  • Kenwood Academy High School Rated A-
  • Sun or Florida Room
  • Formal Dining Room

About This Home

As of May 2024

THIS BEAUTIFUL NATIONAL LANDMARKED CONDO BUILDING IS LOCATED IN HYDE PARK'S HISTORIC DREXEL SQUARE NEIGHBORHOOD & DIRECTLY ACROSS THE STREET FROM THE DREXEL SQUARE PARKWAY. VIRTUALLY EVERY INCH OF THIS LARGE 4 BED/2 BATH HOME WAS LOVINGLY RESTORED STARTING IN 2017 BY ITS CURRENT OWNERS W/ RENOVATIONS/RESTORATIONS CONTINUING FOR SEVERAL YEARS THEREAFTER. PLEASE NOTE: IN UNIT WASHER/DRYER CAN EASILY BE ADDED INTO THE UNIT. AN INVITING FOYER W/ COVED CEILING DETAIL, ORIGINAL CROWN MOLDING/TRIM, REORGANIZED DUAL CLOSETS & TASTEFUL NEWER WALLPAPER WELCOMES YOU. THE SPACIOUS LIVING ROOM HAS A BEAUTIFUL CHANDELIER & GRAND FIREPLACE. NEW MILLWORK WAS INSTALLED IN THE LIVING ROOM REPLACING ORIGINAL WOODWORK THAT HAD BEEN REMOVED & NOW MATCHES EXISTING MILLWORK FOUND THROUGHOUT THE REST OF THE HOME. A NEW FIREPLACE MANTLE WAS BUILT OUT & NEW TASTEFUL TILE WORK NOW FLANKS THE FIREPLACE. THE ROOM'S TRANSOM WINDOWS WERE REPAIRED/RESTORED & CEILING TRIM ADDED TO ACCENTUATE THE ROOM'S COVED CEILING. THE GRAND DINING ROOM HAS MORRIS & COMPANY WALLPAPER APPLIED TO ITS COLUMNS, A COVED CEILING, BEAUTIFUL CHANDELIER, ORIGINAL WOODWORK, REPAIRED/RESTORED TRANSOM WINDOW PLUS OTHER ORIGINAL WINDOWS REPAIRED & RE-GLAZED. ABUNDANT NATURAL SUNLIGHT FLOWS INTO THE ADJOINING SUN ROOM W/ ATTRACTIVE VIEWS OF DREXEL SQUARE'S LUSH PUBLIC GREEN SPACE. THE SUN ROOM'S HAND-PAINTED FLOOR TILE WAS PAINSTAKINGLY REPAIRED & ITS TRANSOM WINDOWS RESTORED. SUN ROOM ALSO HAS AN ATTRACTIVE CHANDELIER. KITCHEN WAS TAKEN DOWN TO THE STUDS, REBUILT/RENOVATED W/ ORIGINAL BUTLER'S PANTRY REMOVED CREATING A LARGER MORE FUNCTIONAL LAYOUT. SHIPLAP WALL DETAIL WAS ADDED ALONG W/ NEWER CABINETRY, OPEN SHELVING, BUTLER BLOCK COUNTERTOPS & MATCHING DUAL CHANDELIERS. HALLWAY LINKING THE MORE PRIVATE BEDROOM WING TO THE HOME'S MORE PUBLIC SPACES SAW ITS ORIGINAL BUILT-IN LINEN CLOSET REFINISHED W/ ADDITIONAL SHELVING ADDED. PRIMARY BEDROOM HAS TASTEFUL WALLPAPER, ITS TRIM WORK REPAIRED, CLOSETS ORGANIZED/OUTFITTED W/ CEDAR SHELVING, ORIGINAL DOORS & MIRRORS REPAIRED/RESTORED. THE PRIMARY BATHROOM WAS TAKEN DOWN TO THE STUDS W/ NEW COPPER PLUMBING & WIRING ADDED, NEW TILE WORK DETAIL, NEW SINK, NEW SHOWER, NEW TOILET, NEW VENTS & NEW LIGHTING ADDED PLUS ORIGINAL TILE FLOORING RESTORED. SECOND BEDROOM HAD ITS CLOSETS RE-DRYWALLED & ORGANIZED WHILE THIRD & FORTH BEDROOMS HAD THEIR CLOSETS REORGANIZED W/ CEDAR SHELVING. A SECOND FULL BATHROOM HAD ITS ORIGINAL TILE WORK REPAIRED PLUS NEW TOILET & NEW SINK INSTALLED. A NEW ZONED MITSUBISHI HEATING & COOLING SYSTEMS WAS RECENTLY ADDED INTO THE HOME, HARDWOOD FLOORING SANDED & RE-STAINED, PLUS ELECTRICAL & PLUMBING UPDATED. THE BUILDING IS 100 PERCENT OWNER OCCUPIED & THE HOA PROACTIVE HAVING COMPLETED SEVERAL RECENT EXTERIOR IMPROVEMENTS INCLUDING: BRICK WORK TUCK POINTED, TERRA COTTA DETAILING REPAIRED, LINTELS REPLACED, GABLED ROOF REPLACED, HALF OF SEWER LINE REPLACED, GUTTER SYSTEM RE-WORKED/REPAIRED, & ROOF UNDERGOING REGULAR ROUTINE MAINTENANCE. INSIDE OF THE BUILDING THE HOA PUT IN A NEWER CENTRAL BOILER & HAD HORIZONTAL PLUMBING RISERS REPLACED. LOCATION IS IDEAL. TWO GROCERY OPTIONS (THE HYDE PARK FARMER'S MARKET & WHOLE FOODS) ARE BOTH LESS THAN A MILE AWAY. ONE BLOCK AWAY IS WASHINGTON PARK & LESS THAN A MILE AWAY CHICAGO'S WORLD-RENOWN LAKEFRONT. DRIVERS ENJOY EASY ACCESS TO/FROM LAKE SHORE DRIVE. PUBLIC TRANSIT RIDER OPTIONS ABUNDANT W/ THE 2 HYDE PARK EXPRESS, 4 COTTAGE GROVE, 172 U OF C/KENWOOD, 15 JEFFREY LOCAL & 4 COTTAGE GROVE EXPRESS BUSES ALL LESS THAN .2 OF A MILE AWAY. CTA GREEN LINE TRAINS & METRA COMMUTER TRAINS ARE LESS THAN A MILE AWAY. A WIDE ARRAY OF SHOPPING & DINING OPTIONS CAN BE FOUND THROUGHOUT THE HYDE PAPK COMMUNITY. EASY STREET PARKING IS READILY AVAILABLE.

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 03/11/2024

Compass

Co-Listed By

Peter Xantheas

Compass License #475153280

Last Buyer's Agent

Anne Rosen

Keller Williams Infinity License #475128277

Keller Williams Infinity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1910 | Remodeled in 2017

Lot Details

  • 10,585

HOA Fees

  • $599 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Historic or Period Millwork
  • Coffered Ceiling
  • Decorative Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Zoned Cooling
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Coin Laundry

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,382

Year Built

Built in 1910 | Remodeled in 2017

Lot Details

0

HOA Fees

$599 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: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Coffered Ceiling(s), Historic/Period Mlwk, Special Millwork, Separate Dining Room
  • LivingArea: 2400
  • Other Equipment: Intercom, CO Detectors
  • Room Type: Sun Room, Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 384500
  • Lot Features: Common Grounds, Corner Lot
  • Roof: Rubber, Slate
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Zoned
  • Heating: Radiant
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 599
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: SELF MANAGED
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2381.56
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 8, 2024
Sold by
Moline Scott and Tabor-Moline Jayne
Bought by
Sherman Karen
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Anne Rosen
Keller Williams Infinity
List Price
$384,500
Sold Price
$380,000
Premium/Discount to List
-$4,500
-1.17%
Views
41
Current Estimated Value
$381,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,657
Avg. Annual Appreciation
0.53%

Purchase Details

Listed on
Sep 13, 2016
Closed on
Nov 30, 2016
Sold by
Sampson Wilson Michael O and Sampson Wilson Myra
Bought by
Moline Margaret and Moline Scott
Seller's Agent
Imani Khayyuh
Mark Allen Realty ERA Powered
Buyer's Agent
Mario Greco
Compass
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
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
Sherman Karen $380,000 Lincoln Title Company
Moline Margaret $140,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moline Margaret $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $380,000 -1.2% $158 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $384,500 +174.6% $160 / Sq Ft
12/01/2016 12/01/16 Sold $140,000 -6.6% $64 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $149,900 -- $68 / 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 $2,474 $33,140 $6,530 $26,610
2023 $2,382 $15,000 $5,266 $9,734
2022 $2,382 $15,000 $5,266 $9,734
2021 $2,346 $14,999 $5,265 $9,734
2020 $3,315 $17,983 $4,212 $13,771
2019 $3,246 $19,584 $4,212 $15,372
2018 $3,190 $19,584 $4,212 $15,372
2017 $3,268 $15,182 $3,475 $11,707
2016 $2,541 $15,182 $3,475 $11,707
2015 $2,301 $15,182 $3,475 $11,707
2014 $2,664 $16,925 $2,843 $14,082
2013 $2,600 $16,925 $2,843 $14,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12000451

Midwest Real Estate Data (MRED)

APN: 20-11-300-032-1001