new - 6 days on rocket

265 Drake Ln, Des Plaines, IL, 60016

$369,900

Home List Price

$4,393*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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265 Drake Ln, Des Plaines$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1958
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #12197272
StatusActive

About 265 Drake Ln

Welcome home to this updated 3 bed / 2 bath brick split level in the Cumberland Subdivision of Des Plaines. What a great location and great curb appeal. Many updates on the home already done. New flooring in the bedrooms (2023), Painted hallways, living room, and bedrooms (2023), updated electrical (2024), Hot Water tank (2019), Furnace and AC (2016), gutter guards (2015), and many other improvements. Oversized 2.5 car garage. Newer concrete pad with extra thick concrete (5") in the back to support an RV. Huge yard with deck. Outdoor gas line. Basement was fully refinished in 2011. This property is just a few blocks from the Metra station. Take a look today for your private showing before this one gets away!

Property Details

Property Features

Property Information:

  • Year Built: 1958

Listing Office:

  • Office Name: Real Home Realty
  • Office Phone: (773) 370-6781
  • Listing Agent: James Zonsius

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Maine West High School, Public District Grades 9-12
  • Chippewa Middle School, Public District Grades 6-8
  • Iroquois Community School, Public District Grades KG-8
  • Cumberland Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Mt. Prospect Rd n of Northwest Hwy to Cranbrook, to Drake

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900

Tax Information:

  • Annual Amount: $6,990
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Des Plaines, IL.

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Des Plaines, IL

City

Med. Sold Price

$312.5K

Med. Price/SqFt

$217

Avg. Days On Market

19

# of Sold Homes

62

265 Drake Ln vs Des Plaines

6 DAYS ON ROCKET

-13 Days

$369,900

+$57.3K More

KEY TAKEAWAY

This property is $57.3K more than the Median Sold Price in Des Plaines, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12197272

Listing Office:

  • Office Name: Real Home Realty
  • Office Phone: (773) 370-6781
  • Listing Agent: James Zonsius

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 12:45:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 29, 2001Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2019$6,990$30,089
2018$5,831$23,621
2017$5,947$23,621

History based on county public records data.

Payment Calculator

$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-996231
8
/10

  • Cumberland Elementary School

  • 700 E Golf Rd

  • 0.53 miles

  • Public District Grades PK-5

Middle School

school-card-donut-996232
5
/10

  • Chippewa Middle School

  • 123 N 8th Ave

  • 0.40 miles

  • Public District Grades 6-8

school-card-donut-996233
7
/10

  • Iroquois Community School

  • 1836 E Touhy Ave

  • 3.68 miles

  • Public District Grades KG-8

High School

school-card-donut-996234
6
/10

  • Maine West High School

  • 1755 S Wolf Rd

  • 2.48 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,625. The most common annual income of people living in Des Plaines, IL is between $100k-200k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 265 Drake Ln

What is the listing price of this property?

The listing price of 265 Drake Ln property is $369,900.

What type of property is this?

The property 265 Drake Ln is a house located in Des Plaines, Illinois, 60016.

Is this property for sale now?

Active Listing: 265 Drake Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 265 Drake Ln are:
Cumberland Elementary School: GreatSchools Rating 8/10
Chippewa Middle School: GreatSchools Rating 5/10
Iroquois Community School: GreatSchools Rating 7/10
Maine West High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $6,990 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 29, 2001 for $230,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 265 Drake Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 265 Drake Ln is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 265 Drake Ln is 1958.

Rocket Homes›Illinois›Cook County›Des Plaines›60016›265 Drake Ln

This home is located at 265 Drake Ln in Des Plaines, IL and zip code 60016 in the Cumberland Village neighborhood. This home was built in 1958. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $369,900.

In September 2024 more than 28 listings in Des Plaines, IL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 26 were sold below. Between August 2024 and September 2024, Des Plaines, IL real estate market has seen increase in the number of listings by 6.6%. Listings spent 19 days on the market in September 2024, and had a median list price of $312,531 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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