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4518 S Drexel Blvd, Chicago, IL, 60653

$1,750,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
7,000 SqFt
$250/SqFt
House

Location

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4518 S Drexel Blvd, Chicago$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage4 spaces
Year Built1895
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air, Zoned
BasementYes
WaterfrontFencing
FireplaceWood Burning, Gas Log, Gas Starter, Ventless
MLS #12182694
Lot Size0.17 Acres
StatusActive

About 4518 S Drexel Blvd

Named BEST RENOVATION IN CHICAGO by Curbed Magazine! The magnificent Krause Mansion was designed during the Gilded Age by famed architect Horatio Wilson. Meticulously restored in 2013, The home features 12ft ceilings, 6 large bedrooms and 4.5 luxurious baths! Enjoy a modern chef's kitchen with SubZero/Viking appliances, 5 fireplaces, a 2-story family room, a custom-built home theater with stadium seating and a temperature-controlled wine cellar perfect for the most discerning wine aficionados. Meticulously maintained with new HVAC, new electric and new plumbing. All the updates today's buyer demands along with all the character you would desire from a home of this era. **PLUS! A remodeled 3BR/1BA coach house perfect for guests or rental!**

Property Details

Property Features

Property Information:

  • Architectural Style: Greystone
  • Year Built: 1895
  • Living Area: 7,000 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (773) 482-1917
  • Listing Agent: Jeni Nelson

Interior Features

Interior Information:

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s), Wine Cooler, Cooktop
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Heated Floors, In-Law Arrangement, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Bookcases, Historic/Period Mlwk, Beamed Ceilings, Special Millwork
  • Fireplace: Wood Burning, Gas Log, Gas Starter, Ventless

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Balcony, Deck, Brick Paver Patio

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing, Landscaped
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Lake Shore Drive to 47th Street Exit, West to Drexel, North to Address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $250/SqFt

Tax Information:

  • Annual Amount: $18,146
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

4518 S Drexel Blvd vs Chicago

47 DAYS ON ROCKET

+15 Days

$1,750,000

+$1.3M More

$250/SqFt

-$10 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $10/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12182694

Listing Office:

  • Office Name: Compass
  • Office Phone: (773) 482-1917
  • Listing Agent: Jeni Nelson

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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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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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: 11/23/2024, 5:15:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 16, 2015Home Sold
$1,060,000
Jun 23, 2010Home Sold
$301,000
Aug 28, 2002Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2019$18,146$93,745
2018$17,839$93,745
2017$13,947$68,164

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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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.

Nearby Schools

school-card-donut-938628
4
/10

  • Univ of Chicago Charter-Nth Kenwood

  • 1119 E 46th St

  • 0.37 miles

  • Public Charter Grades PK-5

school-card-donut-938629
5
/10

  • Robinson Elementary School

  • 4225 S Lake Park Ave

  • 0.46 miles

  • Public District Grades PK-3

school-card-donut-938630
5
/10

  • Shoesmith Elementary School

  • 1330 E 50th St

  • 0.77 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,037. Most Chicago, IL residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4518 S Drexel Blvd

What is the listing price of this property?

The listing price of 4518 S Drexel Blvd property is $1,750,000.

What type of property is this?

The property 4518 S Drexel Blvd is a house located in Chicago, Illinois, 60653.

Is this property for sale now?

Active Listing: 4518 S Drexel Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $18,146 (source: MLS/based on county public records data).

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

The last sale was on October 16, 2015 for $1,060,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4518 S Drexel Blvd has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 4518 S Drexel Blvd is 7,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4518 S Drexel Blvd is 1895.

Rocket Homes›Illinois›Cook County›Chicago›60653›4518 S Drexel Blvd

This home is located at 4518 S Drexel Blvd in Chicago, IL and zip code 60653 in the Kenwood neighborhood. This 7,000 square foot home, which was built in 1895, sits on a 0.17 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $1,750,000.

In October 2024 more than 539 listings in Chicago, IL were sold above the asking price. During the same period more than 337 listings were sold at asking price, while more than 919 were sold below. The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. Listings spent 32 days on the market in October 2024, and had a median list price of $360,336 during the same period.

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

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