Taxes
- Assessed Value: $22,001
- Assessed Year: 2025
- Assessed County: Cook
- APN: 16-02-404-027-0000
- Assessed Land Value: 6938
- Market Land Value: 69380
- Tax Amount: 3319
- Tax Year: 2023
- Market Value: 220010
- Market Year: 2025
1040 N Drake Ave; Chicago, IL Property Details
Off market
1040 N Drake Ave Chicago, IL 60651
$300,000 Listing Price
3 Beds
1.5 Baths
1,307 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1912
- Purchase Price: $300,000
- Est. Equity / %: $408,000 / 100%
- Gross Yield: 6.547%
- APN: 16-02-404-027-0000
- Situs County: Cook
- Length Of Ownership: 4 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Building Style: Masonry
- Stories: 1.5
- Exterior Wall Type: Masonry
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Water Source: Municipal
Measurements
- Total: 1,307/SqFt
- Lot: 3,750/SqFt
- Gross: 1,307/SqFt
- Living: 1,307/SqFt
- Building: 1,307/SqFt
- Price Per Square Foot: $229.53
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: 41.90033 / -87.7155
- Subdivision: Dickeys Fourth Add To Chicago
- Property Class: Residential
- Zoning: RS-3
- County Use Code: 2-03
Amenities
- Plus Four: 4012
- Cooling: Yes
- Garage: Detached Garage
- Heating: Yes
- Parking: 1
Ownership Info
1040 N Drake Ave has no associated ownership info
1040 N Drake Ave has no associated ownership info.
Taxes
1040 N Drake Ave has 10 associated Taxes items
1040 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 $22,001. The APN we've located for 1040 N Drake Ave is 16-02-404-027-0000.
Unlock the full reportTax History
1040 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 $22,001 | Land Value $6,938 | Improvement Value $15,063 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $22,001 | Land Value $6,938 | Improvement Value $15,063 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,319 | Change Rate +0.03575% | 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 +0.195285% | Assessed CR | Tax Rate +0.165843% |
| Year 2020 | Assessed Value $14,936 | Land Value $4,406 | Improvement Value $10,530 | Tax Amount $2,636.2 | Change Rate -0.003459% | Assessed CR | Tax Rate +0.1765% |
| Year 2019 | Assessed Value $16,596 | Land Value $4,406 | Improvement Value $12,190 | Tax Amount $2,645.35 | Change Rate +0.017579% | Assessed CR | Tax Rate +0.159397% |
| Year 2018 | Assessed Value $16,596 | Land Value $4,406 | Improvement Value $12,190 | Tax Amount $2,599.65 | Change Rate +0.21348% | Assessed CR | Tax Rate +0.156643% |
| Year 2017 | Assessed Value $13,327 | Land Value $3,937 | Improvement Value $9,390 | Tax Amount $2,142.31 | Change Rate -0.012342% | Assessed CR | Tax Rate +0.16075% |
| Year 2016 | Assessed Value $13,327 | Land Value $3,937 | Improvement Value $9,390 | Tax Amount $2,169.08 | Change Rate +0.105872% | Assessed CR | Tax Rate +0.162758% |
| Year 2015 | Assessed Value $13,327 | Land Value $3,937 | Improvement Value $9,390 | Tax Amount $1,961.42 | Change Rate +0.089327% | Assessed CR | Tax Rate +0.147176% |
| Year 2014 | Assessed Value $12,273 | Land Value $3,750 | Improvement Value $8,523 | Tax Amount $1,800.58 | Change Rate +0.026609% | Assessed CR | Tax Rate +0.146711% |
| Year 2013 | Assessed Value $12,273 | Land Value $3,750 | Improvement Value $8,523 | Tax Amount $1,753.91 | Change Rate | Assessed CR | Tax Rate +0.142908% |