Check Availability
Chicago 60614 DePaul
1233 W Draper Street
$930,000
Land - For Sale

1233 W Draper Street

Chicago, IL 60614
bedrooms
Studio
bathrooms
0 Bath
$5,344
Estimated Monthly
$0
HOA / Fees
0.06%
Cap Rate

About This Property

Incredible opportunity in prime Lincoln Park Neighborhood! Oscar Mayer school district.  Building sits on a double lot that is an excellent candidate for redevelopment or a creative add on as an investment property. Draper Street has multiple newer construction homes and the street is a cul de sac with no alley, making it ideal for families. A small park is at the end of the street.  The existing building has 2 units, each has 2 bedrooms and 1 bath. Bring your ideas, this is the last double lot available in this unique and quiet Lincoln Park neighborhood.
Unit Size
-
Days on Market
53 days
Land Size
0.03 acres
Price per sqft
-
Property Type
Land
Property Taxes
$777
HOA Dues
-
Year Built
1890
Listed By
Last updated: 2 months ago (MREDIL #11996370)

Price History

Date / Event Date Event Price
Mar 5, 2024 Listed by Dream Town Realty $930,000
Listed by Dream Town Realty
Incredible opportunity in prime Lincoln Park Neighborhood and Oscar Mayer school district! Building sits on a double lot that is an excellent candidate for redevelopment. Curb cut is allowed! Build a new building on the side lot and keep the existing building, expand on the existing building and convert to a single family, or tear down existing building and build your dream home. Draper Street has multiple newer construction homes and the street is a cul de sac with no alley, making it…
Oct 31, 2023 No longer available -
No longer available
Aug 3, 2023 Price Decreased $964,500
↓ $15K (1.5%)
Price Decreased
Jul 7, 2023 Price Decreased $979,000
↓ $20K (2%)
Price Decreased
Jun 23, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,500
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: COUNTY CLERKS DIVN OF OUTLT43 IN SHE
  • Land Acres: 0.034
  • Legal Description 1: (COUNTY) (CLERKS) DIVN OF OUTLT43 IN SHEFFIELDS ADD T O CHGO IN SEC 29-40-14

Ownership

  • Current Owner : CIORTAN JAMES
  • Previous Owner : WALSH RYAN
  • Previous Owner 2: WALSH DIANA
  • Owner Before Previous Owner: GIBBONS CONSTRUCTION LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jul 02, 2009
  • District: 73
  • Parcel: 14-29-315-060-0000
  • Block: 43
  • Lot: 2
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9281
  • Longitude: -87.6599

    Address

  • Full Address: 1233 W Draper St
  • Address - House Number: 1233
  • Street Direction: W
  • Address - Street Name: Draper
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C052
  • 4-Digit Zip Code: 7343
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,537
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 488,183
  • High Value: 612,923
  • Low Value: 363,442

    Market Valuation

  • Market Total Value: $463,680
  • Market Land Value: $225,000
  • Market Improvement Value: $238,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,368
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $23,868

    Sales

  • Current Sale Contract Date: Sep 20, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11795081932
  • Current Sale Price: $827,500
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2029946204
  • Previous Sale Recording Date: Nov 07, 2017
  • Previous Sale Contract Date: Nov 03, 2017
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $607,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: BAXTER CU
  • Previous Mortgage Transaction Date: Nov 07, 2017
  • Previous Mortgage Loan Amount: $538,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Oct 01, 2047

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,600 ft²
$578/ft²
$925,000 Feb 19, 2024
-
$1,337/mo
House
3 Beds
3 Baths
2,210 ft²
$425/ft²
$939,000 Apr 4, 2023
-
$531/mo
Townhouse
4 Beds
3.5 Baths
-
$925,000 Feb 7, 2024
-
$1,261/mo
House
3 Beds
2 Baths
-
$929,999 Feb 7, 2024
-
$1,445/mo
Townhouse
5 Beds
4.5 Baths
3,362 ft²
$283/ft²
$950,000 Mar 5, 2024
-
$1,807/mo
House
3 Beds
3 Baths
2,210 ft²
$407/ft²
$899,000 Oct 5, 2023
-
$524/mo
House
3 Beds
2.5 Baths
2,700 ft²
$324/ft²
$874,999 Feb 21, 2024
-
$1,360/mo
House
3 Beds
3 Baths
2,110 ft²
$417/ft²
$880,000 Sep 8, 2023
-
$485/mo
House
3 Beds
3 Baths
2,114 ft²
$414/ft²
$874,900 Jan 26, 2024
-
$675/mo
Multifamily
4 Beds
2.5 Baths
2,811 ft²
$356/ft²
$999,900 Feb 13, 2024
-
$1,809/mo
Townhouse
3 Beds
3 Baths
-
$849,000 Jan 10, 2024
-
$1,218/mo
House
3 Beds
2.5 Baths
-
$844,900 Jan 3, 2024
-
$358/mo

About North Side


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Frequently Asked Questions

When was property at 1233 West Draper Street built and last sold?
The property at 1233 West Draper Street was built in 1890 and last sold on Sep 20, 2020 for $827,500.
How much is this home worth?
The estimated value of the home located at 1233 West Draper Street is $939,300.
What are some comparable homes to 1233 West Draper Street?
Homes that are comparable to 1233 West Draper Street include a townhouse property at 1713 West Schubert Avenue, a house property at 1701 West Webster Avenue, a multifamily property at 2439 North Clybourn Avenue.

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