Property Report for 2501 N Drake Ave, Chicago, IL 60647

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2501 N Drake Ave, Chicago, IL 60647
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2501 N Drake Ave, Chicago, IL 60647
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Property Details
  • Property Address 2501 N Drake Ave, Chicago, IL 60647
  • County Cook
  • Parcel ID 13-26-417-024
  • Legal description J W (KIMBELLS) SUB OF THE EH OF LT 11 IN KIMBELLS SUB OF THE EH SW & WH SE OF SEC 26 EX 25 ACS IN THE NE CORNER SH SEC 26-40-
  • School district Chicago Public School District 299
  • Acreage 0.11
  • Property class Multi 5+
  • Zoning Subscribe
  • Square footage 6,095
  • Year built 1914
  • Bedrooms 15
  • Bathrooms 5

About the Property

2501 N Drake Ave is a multi 5+ in the city of Chicago, IL 60647. Located in the Chicago Public School District 299, which resides in Cook County, IL and built in 1914. This Multi 5+ sits on a 4,658 sq ft lot and features 15 bedrooms, 5 bathrooms and 6,095 sq ft of living space.

The most recent property tax for 2501 N Drake Ave was $19,908. This property was last sold on June 05, 2023 for $1,075,000.

Property Info

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Flood

Ownership

Land
  • Acres 0.11
  • Square Feet 4,658
Building
  • Units 5
  • Year Built 1914
  • Effective Year Built N/A
  • Stories 3
  • # Fireplaces N/A
  • Garage/Carport N/A
Utilities
  • Cooling Yes
  • Heating None
Interior
  • Square Footage
  • Living Area 6,095
  • Total Rooms N/A
  • Bedrooms 15
  • Total Bathrooms 5
  • Full Bathrooms 5
Your Property Report will also include the following information:

Chicago Residential Market Stats

Median Sale Price $319,000 +14.6% YoY
Median Price/sq ft. $230
Cook County Median Sale Price $319,000 +14.6% YoY

See more Real Estate Trends for Chicago including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 2501 N Drake Ave, Chicago

Tax YearTaxesTax Assesed ValueExemptions
2021$19,908 (+27.7%) $102,004 (+40.1%)

2020$15,586 (-3.7%) $72,816 (-13%)

2019$16,185 (+2.1%) $83,697

2018

2017

2016

2015

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Sales History for 2501 N Drake Ave, Chicago

The most recent sale on 2501 N Drake Ave took place on May 30, 2023 and recorded on Jun 05, 2023 for $1,075,000. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
2428 N LINCOLN AVE 3.37 mi4,90502/14/2024$1,000,000$204
1875 N DAYTON ST 3.48 mi6,64202/14/2024$1,725,000$260
2624 N LINCOLN AVE 3.13 mi6,91202/07/2024$2,375,000$344
Active Mortgages and Equity Analysis
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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.