Commercial > Multi-family / Apartments
Sold
09/20/2021
Sold Price
$4,000,000$--/ft²
5600 Drexel Ave
Chicago, IL 60637
- -Bed
- -Bath
- -Living Area
- 6,110ft²Lot Size
- -Pool
- -Car
- 1903Year Built
- -DOM
- 3Permits
5600 Drexel Ave, Chicago, IL 60637 is a multi-family/apartments property built in 1903 on a 0.140 acre lot with 3 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2021 for $4,000,000.
Permits
5600 Drexel Ave has 3 permit records of total value of $208,500.
Permit History
3
Permits
$208,500
Total Permit Value
September 7, 2022
Description: Wreck and remove a three story residential building to foundation (5600-5602)Job Value: $175,000Status: issuedType: Wrecking/demolitionBusiness Name: American Demolition Corporatio; Chicago Building Consulting SEApplicant: the University of Chicago Medical CenterFees: $2,500Effective Date: 2022-09-07Permit Number: 100961795
May 11, 2018
Description: Replace flat roof (tear off) (no mep)(no structural work)- all work same as existing; subject to field inspectionsJob Value: $26,000Status: issuedType: Easy permit processApplicant: Edward J LinFees: $525Effective Date: 2018-05-11Permit Number: 100761757
January 9, 2007
Description: Repair existing 3 story center wood open porch and replace existing 3 story westerly open wood porch to match previous size and location. Misc. Facade repair work and interior repairsJob Value: $7,500Status: issuedType: Renovation/alterationBusiness Name: Batiste Masonry; Heusdens Leigh ANN; William D WareApplicant: Ed LinFees: $160Effective Date: 2007-01-09Permit Number: 100153734
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$28,641.80From latest Total Assessed Value20.11%Total Assessed Value$142,432=Land+
Assessed Value$18,330Additions
Assessed Value$124,102
In 2021, taxes billed for 5600 Drexel Ave were $28,641.8, which is 20.11% from latest Total Assessed Value of $142,432.
Property History
5600 Drexel Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 5600 Drexel Ave
Hazard Risks
Tornado220Wind142Particulates135Hail130Weather110Air Pollution102Nat'l Avg100Carb Mono100Ozone100Lead58Earthquake46Hurricane13
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5600 Drexel Ave.
Walkability Index
14 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5600 Drexel Ave has a walkability score of 14 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
20°F
High
34°F
Summer
Average
Low
63°F
High
81°F
In the winter at 5600 Drexel Ave, temperatures range from 20.19°F to 34.21°F with an average of 27.2°F. In the summer, the temperature ranges from 62.66°F to 80.98°F with and average of 71.82°F.
School Information
Public/private schools serving 5600 Drexel Ave
Public Schools
Kenwood Academy High School
Grades: 9-12
1.04 mi
A-
Ray Elementary School
Grades: PK-8
0.50 mi
C
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 5600 Drexel Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Hyde Park, Chicago, IL 60637.
Seasonal Housing units 60637
2%of housing is for seasonal rent.
Daytime Population for 60637
-13%of people during work hours.
Boundary map of Hyde Park.
Crime Index for 60637
170
170
The crime index in 60637 is 170, which is 1.7 times higher than national average.
Market Trends
Historical market data near 5600 Drexel Ave over selected time period.
Nearby Properties on Drexel Ave
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- 8414 S Drexel Ave, Chicago, IL 60619 (Chatham) is a 864 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1922 and has an estimate of $150,698 with a price per ft² of $174.
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- 8551 S Drexel Ave, Chicago, IL 60619 (Chatham) is a 1,224 square foot, 3 bedroom, 2.25 bathroom, 0.05 acre property. It was built in 1956 and has an estimate of $153,874 with a price per ft² of $126.
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- 9853 S Drexel Ave, Chicago, IL 60628 (Pullman) is a 1,110 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1945 and has an estimate of $110,000 with a price per ft² of $99.
- 9846 S Drexel Ave, Chicago, IL 60628 (Pullman) is a 1,080 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1925 and has an estimate of $218,000 with a price per ft² of $202.
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