Check Availability
$450,000 - $548,000
House - In Contract

1055 N Drake Avenue

Chicago, IL 60651
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2576 Sqft
Sold Apr 12, 2021
$160,000

About This Property

NEW PROPERTY ALERT! Walk 6 city blocks to the 606! Property will be ready for delivery very soon! The home has custom 4" wide-plank hardwood floors throughout and quartz countertops! This is a 3-story single family home with 5 bedrooms and 4 full bathrooms, a main level office with glass French doors, and an additional family room for the perfect home theatre space in the lower level. The main level has an open concept living space with a quartz waterfall kitchen peninsula bar overlooking the dining and living room.  Oversized rear deck that serves as an extension of the open concept kitchen! Amazing place to create new memories! Drive by and call me to schedule your private tour today!  This property qualifies for a $12,000 Down Payment Assistance Program.

The manager has listed the unit size as 2576 square feet.
Unit Size
2,576Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$194
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1914
Listed By

Price History

Date / Event Date Event Price
Jan 22, 2024 In contract -
In contract
Jan 6, 2024 No longer available -
No longer available
Jan 4, 2024 Listed $499,900
Listed
Dec 15, 2023 No longer available -
No longer available
Dec 13, 2023 Listed $499,900
Listed
AMAZING PROPERTY!! This property qualifies for a $10,000 Down Payment Assistance Program!! Drive by and call me to schedule your private tour! Walk 6 city blocks to the 606! Property will be ready for delivery soon! The home has custom 5" wide-plank hardwood floors throughout, quartz countertops, and custom marble bathrooms! This is a 3-story home with 5 bedrooms and 4 full bathrooms, a main level office with solid glass French doors, and a custom family room for the perfect home theatre…
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Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,663
  • Gross Building Area: 1,663
  • Building Area: 1,663
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,663
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DICKEYS FOURTH ADD
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF BLK 3 IN DICKEYS FOURTH ADD TO CHICA GO SUB OF PT NW SE SEC 02-39-13

Ownership

  • Current Owner : GARFIAS ALEJANDRO ESPINO
  • Previous Owner : MCCOLLUM CHRISTOPHER C
  • Previous Owner 2: MCCOLLUM SHARLISS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 231100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-02-405-002-0000
  • Block: 3
  • Lot: 39
  • Meridian: SEC 02 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9007
  • Longitude: -87.715

    Address

  • Full Address: 1055 N Drake Ave
  • Address - House Number: 1055
  • Street Direction: N
  • Address - Street Name: Drake
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 4013
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,908
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77052

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 477,332
  • High Value: 525,594
  • Low Value: 429,070

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $56,250
  • Market Improvement Value: $133,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $5,625
  • Assessed Improvements Value: $13,375

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Transaction ID: 11830438882
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2110201176

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,049 ft²
$151/ft²
$460,000 Jul 14, 2023
-
$318/mo
Multifamily
5 Beds
-
-
$425,000 Nov 29, 2023
-
$369/mo
House
3 Beds
2.5 Baths
-
$479,974 Dec 22, 2023
-
$446/mo
Multifamily
4 Beds
-
-
$439,000 Jan 3, 2024
-
$177/mo
Multifamily
6 Beds
-
-
$405,000 May 9, 2023
-
$335/mo
Multifamily
8 Beds
-
-
$415,000 Oct 20, 2023
-
$170/mo

About Northwest Side


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Frequently Asked Questions

When was property at 1055 North Drake Avenue built and last sold?
The property at 1055 North Drake Avenue was built in 1914 and last sold on Jan 4, 2021 for $160,000.
How much is this home worth?
The estimated value of the home located at 1055 North Drake Avenue is $504,899.
What are some comparable homes to 1055 North Drake Avenue?
Homes that are comparable to 1055 North Drake Avenue include a house property at 645 North Spaulding Avenue, a multifamily property at 604 North Kedzie Avenue, 642 North Central Park Avenue.

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