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1029 N Drake Ave; Chicago, IL Property Details

1029 N Drake Ave, Chicago, IL is a Single Family that was built in 1912. This property is currently a cash purchase and is not for sale. Our records show that 1029 N Drake Ave has 2 bedrooms, and 1 bathroom, and a total of 924 square feet. The lot size of 1029 N Drake Ave is 3,750 square feet.

Off market
1029 N Drake Ave Chicago, IL 60651
$238,000 Listing Price
2 Beds
1 Baths
924 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1912
  • Purchase Price: $238,000
  • Open Loans / Balance: 1 / $212,855
  • Est. Equity / %: $94,145 / 30.67%
  • Gross Yield: 7.349%
  • APN: 16-02-405-011-0000
  • Situs County: Cook
  • Length Of Ownership: 4 years, 5 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • 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: $257.58
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: 41.899994 / -87.71496
  • Subdivision: Dickeys 04 Add/Chicago
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-02

Amenities

  • Plus Four: 4013
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1029 N Drake Ave has no associated ownership info
1029 N Drake Ave has no associated ownership info.

Taxes

1029 N Drake Ave has 10 associated Taxes items

1029 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 $18,700. The APN we've located for 1029 N Drake Ave is 16-02-405-011-0000.

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Taxes
  • Assessed Value:  $18,700
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  16-02-405-011-0000
  • Assessed Land Value:  6938
  • Market Land Value:  69380
  • Tax Amount:  4021
  • Tax Year:  2023
  • Market Value:  187000
  • Market Year:  2025

Tax History

1029 N Drake Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,700 Land Value $6,938 Improvement Value $11,762 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $18,700 Land Value $6,938 Improvement Value $11,762 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $4,021 Change Rate +0.254821% Assessed CR Tax Rate
Year 2022 Assessed Value $19,000 Land Value $5,625 Improvement Value $13,375 Tax Amount $3,204.44 Change Rate +0.016956% Assessed CR Tax Rate +0.168655%
Year 2021 Assessed Value $19,000 Land Value $5,625 Improvement Value $13,375 Tax Amount $3,151.01 Change Rate +0.475917% Assessed CR Tax Rate +0.165843%
Year 2020 Assessed Value $12,686 Land Value $4,406 Improvement Value $8,280 Tax Amount $2,134.95 Change Rate -0.003789% Assessed CR Tax Rate +0.168292%
Year 2019 Assessed Value $14,096 Land Value $4,406 Improvement Value $9,690 Tax Amount $2,143.07 Change Rate +0.017684% Assessed CR Tax Rate +0.152034%
Year 2018 Assessed Value $14,096 Land Value $4,406 Improvement Value $9,690 Tax Amount $2,105.83 Change Rate +0.26703% Assessed CR Tax Rate +0.149392%
Year 2017 Assessed Value $11,096 Land Value $3,937 Improvement Value $7,159 Tax Amount $1,662.02 Change Rate -0.03496% Assessed CR Tax Rate +0.149786%
Year 2016 Assessed Value $11,096 Land Value $3,937 Improvement Value $7,159 Tax Amount $1,722.23 Change Rate +0.109234% Assessed CR Tax Rate +0.155212%
Year 2015 Assessed Value $11,096 Land Value $3,937 Improvement Value $7,159 Tax Amount $1,552.63 Change Rate -0.067355% Assessed CR Tax Rate +0.139927%
Year 2014 Assessed Value $11,541 Land Value $3,750 Improvement Value $7,791 Tax Amount $1,664.76 Change Rate +0.027148% Assessed CR Tax Rate +0.144247%
Year 2013 Assessed Value $11,541 Land Value $3,750 Improvement Value $7,791 Tax Amount $1,620.76 Change Rate Assessed CR Tax Rate +0.140435%