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4703 Drake Ave

Chicago, IL 60625

3 bd 3 ba 1,836 sqft Built 1914 condos
Most recent sale
$365,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $365,000 MLS #11379836
Apr 20, 2022 Listed $325,000 MLS #11379836
Mar 15, 2018 Sold $257,000 MLS #09840422
Jan 24, 2018 Listing removed $275,000 MRED
Jan 24, 2018 Listed $265,000 MLS #09840422
Jan 8, 2018 Listed $275,000 MLS #09828644
Jul 8, 2008 Sold $260,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $23,054 $1,645 $24,699 $5,229
2022 $23,054 $1,645 $24,699 $4,392
2021 $23,054 $1,645 $24,699 $4,311
2020 $18,366 $852 $19,218 $3,602
2019 $20,685 $852 $21,537 $4,341
2018 $20,685 $852 $21,537 $4,268
2017 $17,953 $764 $18,717 $4,042
2016 $17,953 $764 $18,717 $3,761
2015 $17,953 $764 $18,717 $3,441
2014 $15,250 $705 $15,955 $2,971
2013 $15,250 $705 $15,955 $2,912
2012 $18,052 $705 $18,757 $3,365
2011 $21,807 $940 $22,747 $3,686
2010 $21,807 $940 $22,747 $3,701
2009 $21,807 $940 $22,747 $3,547

Property facts

Year built
1914
Property type
condos
Stories
3
Beds
3
Baths
3
Living area
1,836 sqft
Lot size
ZIP code
60625
City
Chicago
Street
Drake Ave
Coordinates
41.96672, -87.71663

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,305
Gross rental yield
10.87%
Implied cap rate
7.06%
Trend-extrapolated value

Frequently asked questions

When did 4703 Drake Ave last sell?
4703 Drake Ave most recently sold on Jun 13, 2022 for $365,000.
What is the current tax assessment for 4703 Drake Ave?
The most recent total assessment for 4703 Drake Ave (year 2023) is $24,699 with $5,229 in property tax.
How does 4703 Drake Ave's assessment compare to its last sale price?
The current assessment is 93.2% below the last sale price of $365,000.
When was 4703 Drake Ave built?
4703 Drake Ave was built in 1914.
How does 4703 Drake Ave compare to others on Drake Ave?
We track 8 other properties on Drake Ave. Browse the list under "Other properties on Drake Ave" to compare beds, baths, and sale history.
What are the property facts for 4703 Drake Ave?
4703 Drake Ave is a 3 bed, 3 bath, 1,836 sqft condos.
Is 4703 Drake Ave a flip candidate?
No — 4703 Drake Ave does not appear in our flips dataset.
Is 4703 Drake Ave a tax-appeal candidate?
No — 4703 Drake Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.7%
Implied 1-yr
-10.7%
2026 Q3
$465.8K
2026 Q4
$450.7K
ZIP 60625 — Median Price History + Forecast

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