5042 South Drexel Boulevard

5042 South Drexel Boulevard in Chicago, IL was first built in 1989 and is 35 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. In total, the area measurement of the land is 30,331 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5042 South Drexel Boulevard was last sold in Sep 13, 2019 for $4,425,000. According to our calculations, that's $155.81 per sqft. Current property owners are expected to pay $94,033 in taxes per year. The property on 5042 South Drexel Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $397,415. To break that down further, the land itself was valued at $68,245. While improvements to the property were assessed at a total of $329,170. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.