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1024 N Drake Ave; Chicago, IL Property Details

1024 N Drake Ave, Chicago, IL is a Single Family that was built in 1914. This property is currently a cash purchase and is not for sale. Our records show that 1024 N Drake Ave has 2 bedrooms, and 1 bathroom, and a total of 924 square feet. The lot size of 1024 N Drake Ave is 3,750 square feet.

Off market
1024 N Drake Ave Chicago, IL 60651
$20,001 Estimated Value
2 Beds
1 Baths
924 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1914
  • Purchase Price: $95,000
  • Est. Equity / %: $262,000 / 100%
  • Gross Yield: 9.078%
  • APN: 16-02-404-032-0000
  • Situs County: Cook
  • Length Of Ownership: 24 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 924/SqFt
  • Lot: 3,750/SqFt
  • Gross: 924/SqFt
  • Living: 924/SqFt
  • Building: 924/SqFt
  • Ground: 924/SqFt
  • Price Per Square Foot: $102.81

Legal Description

  • Description: (DICKEYS)(FOURTH) ADD TO (CHICAGO) SUB OF PT NW SE SEC 02-39-13
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.899895 / -87.715515
  • Subdivision: Dickeys Fourth Add To Chicago
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-02

Amenities

  • Plus Four: 4012
  • Cooling: Yes
  • Garage: None
  • Heating: Yes

Ownership Info

1024 N Drake Ave has no associated ownership info
1024 N Drake Ave has no associated ownership info.

Taxes

1024 N Drake Ave has 10 associated Taxes items

1024 N Drake Ave, Chicago, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $20,001. The APN we've located for 1024 N Drake Ave is 16-02-404-032-0000.

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Taxes
  • Assessed Value:  $20,001
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  16-02-404-032-0000
  • Assessed Land Value:  6938
  • Market Land Value:  69380
  • Tax Amount:  2726
  • Tax Year:  2023
  • Market Value:  200010
  • Market Year:  2025

Tax History

1024 N Drake Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,001 Land Value $6,938 Improvement Value $13,063 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $20,001 Land Value $6,938 Improvement Value $13,063 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $2,726 Change Rate -0.019978% Assessed CR Tax Rate
Year 2022 Assessed Value $16,944 Land Value $5,625 Improvement Value $11,319 Tax Amount $2,781.57 Change Rate -0.057082% Assessed CR Tax Rate +0.164163%
Year 2021 Assessed Value $18,000 Land Value $5,625 Improvement Value $12,375 Tax Amount $2,949.96 Change Rate +0.501091% Assessed CR Tax Rate +0.163887%
Year 2020 Assessed Value $11,924 Land Value $4,406 Improvement Value $7,518 Tax Amount $1,965.21 Change Rate -0.003888% Assessed CR Tax Rate +0.164811%
Year 2019 Assessed Value $13,249 Land Value $4,406 Improvement Value $8,843 Tax Amount $1,972.88 Change Rate -0.061713% Assessed CR Tax Rate +0.148908%
Year 2018 Assessed Value $14,080 Land Value $4,406 Improvement Value $9,674 Tax Amount $2,102.64 Change Rate +0.059772% Assessed CR Tax Rate +0.149335%
Year 2017 Assessed Value $12,592 Land Value $3,937 Improvement Value $8,655 Tax Amount $1,984.05 Change Rate -0.213315% Assessed CR Tax Rate +0.157564%
Year 2016 Assessed Value $12,592 Land Value $3,937 Improvement Value $8,655 Tax Amount $2,522.04 Change Rate +0.092999% Assessed CR Tax Rate +0.200289%
Year 2015 Assessed Value $12,592 Land Value $3,937 Improvement Value $8,655 Tax Amount $2,307.45 Change Rate +0.077135% Assessed CR Tax Rate +0.183247%
Year 2014 Assessed Value $11,546 Land Value $3,750 Improvement Value $7,796 Tax Amount $2,142.21 Change Rate +0.020124% Assessed CR Tax Rate +0.185537%
Year 2013 Assessed Value $11,546 Land Value $3,750 Improvement Value $7,796 Tax Amount $2,099.95 Change Rate Assessed CR Tax Rate +0.181877%