- 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
1031 N Drake Ave; Chicago, IL Property Details
Off market
1031 N Drake Ave Chicago, IL 60651
$507,500 Listing Price
5 Beds
2 Baths
2,306 SqFt
Property Type
Duplex 2 UnitsProperty 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.
Unlock the full reportTaxes
Tax History
1031 N Drake Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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% |