Taxes
- Assessed Value: $70,000
- Assessed Year: 2025
- Assessed County: Cook
- APN: 16-02-405-007-0000
- Assessed Land Value: 6943
- Market Land Value: 69430
- Market Value: 700000
- Market Year: 2025
1041 N Drake Ave; Chicago, IL Property Details
Off market
1041 N Drake Ave Chicago, IL 60651
$715,000 Listing Price
5 Beds
5.5 Baths
2,186 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 2024
- Purchase Price: $715,000
- Open Loans / Balance: 1 / $563,040
- Est. Equity / %: $237,960 / 29.71%
- Gross Yield: 10.725%
- APN: 16-02-405-007-0000
- Situs County: Cook
- Length Of Ownership: 1 year, 9 months
Rooms
- Bedrooms: 5
- Bathrooms: 5.5
- Full Bathrooms: 5
- Total Rooms: 8
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Masonry
- Building Quality: C
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,186/SqFt
- Lot: 3,753/SqFt
- Gross: 2,186/SqFt
- Living: 2,186/SqFt
- Building: 2,186/SqFt
- Price Per Square Foot: $327.08
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: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Chicago Public School District 299
- Lat / Lon: 41.900322 / -87.715004
- Subdivision: Dickeys Fourth Add
- Property Class: Residential
- Zoning: RS-3
- County Use Code: 2-78
Amenities
- Plus Four: 4013
- Cooling: Central
- Heating: Yes
- Parking: 2
Ownership Info
1041 N Drake Ave has no associated ownership info
1041 N Drake Ave has no associated ownership info.
Taxes
1041 N Drake Ave has 8 associated Taxes items
1041 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 $70,000. The APN we've located for 1041 N Drake Ave is 16-02-405-007-0000.
Unlock the full reportTax History
1041 N Drake Ave has 10 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $70,000 | Land Value $6,943 | Improvement Value $63,057 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $5,629 | Land Value $5,629 | Improvement Value | Tax Amount $1,131.93 | Change Rate +0.152455% | Assessed CR | Tax Rate +0.201089% |
| Year 2020 | Assessed Value $4,409 | Land Value $4,409 | Improvement Value | Tax Amount $982.19 | Change Rate +0.108754% | Assessed CR | Tax Rate +0.222769% |
| Year 2019 | Assessed Value $4,409 | Land Value $4,409 | Improvement Value | Tax Amount $885.85 | Change Rate +0.017143% | Assessed CR | Tax Rate +0.200919% |
| Year 2018 | Assessed Value $4,409 | Land Value $4,409 | Improvement Value | Tax Amount $870.92 | Change Rate +0.026835% | Assessed CR | Tax Rate +0.197532% |
| Year 2017 | Assessed Value $3,940 | Land Value $3,940 | Improvement Value | Tax Amount $848.16 | Change Rate +0.074749% | Assessed CR | Tax Rate +0.215269% |
| Year 2016 | Assessed Value $3,940 | Land Value $3,940 | Improvement Value | Tax Amount $789.17 | Change Rate +0.093033% | Assessed CR | Tax Rate +0.200297% |
| Year 2015 | Assessed Value $3,940 | Land Value $3,940 | Improvement Value | Tax Amount $722 | Change Rate +0.03688% | Assessed CR | Tax Rate +0.183249% |
| Year 2014 | Assessed Value $3,753 | Land Value $3,753 | Improvement Value | Tax Amount $696.32 | Change Rate +0.020115% | Assessed CR | Tax Rate +0.185537% |
| Year 2013 | Assessed Value $3,753 | Land Value $3,753 | Improvement Value | Tax Amount $682.59 | Change Rate | Assessed CR | Tax Rate +0.181878% |