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1031 N Drake Ave; Chicago, IL Property Details

1031 N Drake Ave, Chicago, IL is a Duplex 2 Units that was built in 1910. This property is currently Financed and is not for sale. Our records show that 1031 N Drake Ave has 5 bedrooms, and 2 bathrooms, and a total of 2,306 square feet. The lot size of 1031 N Drake Ave is 3,750 square feet.

Off market
1031 N Drake Ave Chicago, IL 60651
$507,500 Listing Price
5 Beds
2 Baths
2,306 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $507,500
  • Open Loans / Balance: 1 / $479,034
  • Est. Equity / %: $56,966 / 10.63%
  • APN: 16-02-405-010-0000
  • Situs County: Cook
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 11

Structure

  • Building Style: Masonry
  • Stories: 2
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 2,306/SqFt
  • Lot: 3,750/SqFt
  • Gross: 2,306/SqFt
  • Living: 2,306/SqFt
  • Building: 2,306/SqFt
  • Price Per Square Foot: $220.08

Legal Description

  • Description: (SUBDIVISION) OF BLK 3 IN DICKEYS FOURTH ADD TO CHICA GO SUB OF PT NW SE SEC 02-39-13
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.900074 / -87.7149
  • Subdivision: Dickeys Fourth Add
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-11

Amenities

  • Plus Four: 4013
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

1031 N Drake Ave has no associated ownership info
1031 N Drake Ave has no associated ownership info.

Taxes

1031 N Drake Ave has 10 associated Taxes items

1031 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 $32,001. The APN we've located for 1031 N Drake Ave is 16-02-405-010-0000.

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Taxes
  • Assessed Value:  $32,001
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  16-02-405-010-0000
  • Assessed Land Value:  6938
  • Market Land Value:  69380
  • Tax Amount:  5012
  • Tax Year:  2023
  • Market Value:  320010
  • Market Year:  2025

Tax History

1031 N Drake Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,001 Land Value $6,938 Improvement Value $25,063 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $32,001 Land Value $6,938 Improvement Value $25,063 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $5,012 Change Rate +0.033417% Assessed CR Tax Rate
Year 2022 Assessed Value $27,000 Land Value $5,625 Improvement Value $21,375 Tax Amount $4,849.93 Change Rate +0.018944% Assessed CR Tax Rate +0.179627%
Year 2021 Assessed Value $27,000 Land Value $5,625 Improvement Value $21,375 Tax Amount $4,759.76 Change Rate +0.384227% Assessed CR Tax Rate +0.176287%
Year 2020 Assessed Value $18,538 Land Value $4,406 Improvement Value $14,132 Tax Amount $3,438.57 Change Rate -0.042722% Assessed CR Tax Rate +0.185488%
Year 2019 Assessed Value $21,308 Land Value $4,406 Improvement Value $16,902 Tax Amount $3,592.03 Change Rate +0.017451% Assessed CR Tax Rate +0.168577%
Year 2018 Assessed Value $21,308 Land Value $4,406 Improvement Value $16,902 Tax Amount $3,530.42 Change Rate -0.095949% Assessed CR Tax Rate +0.165685%
Year 2017 Assessed Value $21,516 Land Value $3,937 Improvement Value $17,579 Tax Amount $3,905.11 Change Rate +0.025154% Assessed CR Tax Rate +0.181498%
Year 2016 Assessed Value $21,516 Land Value $3,937 Improvement Value $17,579 Tax Amount $3,809.29 Change Rate +0.100315% Assessed CR Tax Rate +0.177045%
Year 2015 Assessed Value $21,516 Land Value $3,937 Improvement Value $17,579 Tax Amount $3,462 Change Rate +0.127287% Assessed CR Tax Rate +0.160904%
Year 2014 Assessed Value $19,121 Land Value $3,750 Improvement Value $15,371 Tax Amount $3,071.09 Change Rate +0.023908% Assessed CR Tax Rate +0.160613%
Year 2013 Assessed Value $19,121 Land Value $3,750 Improvement Value $15,371 Tax Amount $2,999.38 Change Rate Assessed CR Tax Rate +0.156863%