When was property at 265 Drake Lane built and last sold?

The property at 265 Drake Lane was built in 1959 and last sold on May 21, 2001 for $230,000.

How much is this home worth?

The estimated value of the home located at 265 Drake Lane is $0.

What are some comparable homes to 265 Drake Lane?

There are currently no comparable homes to 265 Drake Lane.

Des Plaines

60016

265 Drake Lane

$408,000

● House - Off Market

265 Drake Lane

Des Plaines, IL 60016

3 Beds

2 Baths

1,500 Ft²

$2,585

Est. Monthly

About This Property

Welcome home to this move-in ready 3 bedroom, 2 bath brick split-level in the desirable Cumberland neighborhood of Des Plaines. From the moment you arrive, you'll appreciate the great curb appeal, oversized 2.5-car garage, and expansive yard with a deck and outdoor gas line-perfect for summer gatherings and entertaining. Inside, the home shines with thoughtful updates: refinished hardwood floors (2025), fresh paint (2025), updated bedroom flooring (2023), modernized electrical (2024), newer hot water tank (2019), furnace and AC (2016), and gutter guards (2015). The fully finished basement, completed in 2011, offers additional living space ideal for a family room, home office, or play area. Practical upgrades also include a newer extra-thick 5" concrete pad in the backyard designed to support an RV-a rare find! With a long list of improvements already done, this home gives you peace of mind and the freedom to move right in. All of this in an unbeatable location-just blocks from the Metra station, schools, parks, and all the conveniences of Des Plaines. This one checks every box-don't miss it!

Unit Size

1,500 Ft²

Days on Market

Land Size

Price per sqft

$273

Property Type

House

Property Taxes

$572

HOA Dues

Year Built

1959

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Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1959

Effective Year Built: 1959
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 41
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,520

Total Building Area: 1,040
Gross Building Area: 1,040
Building Area: 1,040
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,040
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CUMBERLAND VILLAGE UNIT2
Land Acres: 0000000196
Standard Land Use Code: 1001
County Land Use Code: 2-34
Legal Description 1: (CUMBERLAND) VILLAGE (UNIT2) SUB LT C IN CUMBERLAND V ILLAGE UNIT1 SUB PT OF SW SEC 07-41-12

Neighborhood

School District Name: Des Plaines Community Consolidated School District 62

Census Tract: 806103

Geography

District: 22

Parcel: 09-07-310-016-0000
Lot: C
Meridian: SEC 07 TWN 41N RNG 12E
Municipality: MAINE
Latitude: 42.0557
Longitude: -87.9165

Address

Full Address: 265 Drake Ln

Legal Unit: 2
Address - House Number: 265
Address - Street Name: Drake
Address - Suffix Type: Ln
State: IL
City Name: Des Plaines
Carrier Code: C022
4-Digit Zip Code: 2156
Zip Code: 60016

Valuation

Tax

Tax Year: 2022

Tax Amount: $666,333
Tax Rate Code Area: 22028

Appraisal Valuation

Standard Deviation: 0.2268

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 358,131
High Value: 439,366
Low Value: 276,896

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $300,000

Market Land Value: $72,420
Market Improvement Value: $227,580

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $30,000
Assessed Land Value: $7,242
Assessed Improvements Value: $22,758

Sales

Current Sale Contract Date: May 21, 2001

Current Sale Recording Date: May 29, 2001
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 0010451774

Last Sale Mortgage

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1645 ft²

Average Home Age

52.3 years

Currently For Sale

110 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,440 /mo

1 Bed
1 Bath
630 ft²

11 W Prospect Avenue #206, Mount Prospect, IL, 60056 Listing by Lauren Evett

Unit for rent at 320 Main Street, Mount Prospect, IL, 60056

$3,400 /mo

3 Beds
1 Bath
1,526 ft²

320 Main Street, Mount Prospect, IL, 60056 Listing by Jen Ortman

Unit for rent at 1337 Henry Street, Des Plaines, IL, 60016

$2,150 /mo

1 Bed
1 Bath
1,000 ft²

1337 Henry Street #CH, Des Plaines, IL, 60016 Listing by Amy Ruminski

Rentals Near You

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Listed by: Teresa Stultz, Premier Living Properties
Data Source: MRED, MLS# MRD12484260

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

265 Drake Lane

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Des Plaines

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions