Chicago  »  60615  »  Hyde Park

5049 South Drexel Avenue, Chicago, IL 60615

Hyde Park, Far South Chicago, Chicago
Building in Hyde Park
3 Stories
Built in 1913
5049 S. Drexel Ave - Photo 1
5049 S. Drexel Ave
Hyde Park, Far South Chicago, Chicago
$1,195
|
1 Bed
|
1 Bath
By
Welcome to 5049 South Drexel Avenue, a building located in Hyde Park, Far South Chicago, Chicago in Chicago, IL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1913. There are a total of 3 floors. Finally, 5049 South Drexel Avenue was most recently sold on Oct 5, 2010 for $950,000. The market value for the land that the building sits on has been listed at $217,400. In addition, improvements upon the building have an added value of $1,883,840. In total, the total market value of the property as a whole is $2,101,240. According to local assessors, the total value of the building is currently valued at $210,124. Specifically, the value of the land that the property sits on has been assessed at $21,740. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1913
Effective Year Built
1913
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
Multifamily
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
3
Living Units
12
Business/Commerical Units Count
9
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
KUSELS SUB
Land Acres
0.333
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
C H (KUSELS) SUB OF LT 4 IN M M WALKER SUB OF 5-10 OF BLK 8 IN DREXEL & SMITHS SUB OF WH OF NW & WH OF WH OF SW OF WH WH SEC
Ownership
Current Owner
5049 S DREXEL LLC
Current Owner's Name
5049 S DREXEL LLC
Previous Owner
CHICAGO TITLE LAND TRUST COMPANY
Owner Address - City
ENGLEWOOD
Owner Address - State
NJ
Owner Address - ZIP Code
07631
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Chicago Public School District 299
Census Tract
390400
Census Block Code
1002
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17031
Census - Full FIPS
170318363001002
Census - Metropolitan Division - Area Code
16974
Census - Metropolitan Division - Area Name
Chicago-Naperville-Arlington Heights, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1714000
Census Source
US Census Bureau
Census State FIPS
17
Census Tract Code
836300
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1709930
School District - Unified - Name
Chicago Public School District 299
Zoning
Zoning
RM-5
Geography
Assessors Map Reference
014-69-02
District
70
Parcel
20-11-114-018-0000
Block
8
Lot
4
Lot Code
unknown
Meridian
SEC 11 TWN 38N RNG 01E
Municipality
HYDE PARK
Latitude
41.8026
Longitude
-87.6034
FIPS
17031
Mailing Carrier Code
C009
Mailing Street Direction
N
Mailing Full Street Address
32 N DEAN ST
Mailing House Number
32
Mailing Street Mode
ST
Mailing Street
DEAN
Mailing 4-Digit Zip Code
2807
Old APN
20-11-114-018-0000
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-04-01 17:27:53
UCID Flag
C
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 5049 South Drexel Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Hyde Park area have a median price of $2,050. Those in the 25th percentile, have a price around $1,613. While those in the 75th percentile, have a price around $2,859. Typically, the buildings in this area have a median sqft of 1,000. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $3. As a breakdown, we've included the following stats:

  • There are currently a total of 8 studio listings. The median price for these types of listings is $1,200. That's $3.24 price per sqft.

  • There are currently a total of 11 one bedroom listings. The median price for these types of listings is $1,500. That's $2.49 price per sqft.

  • There are currently a total of 18 two bedroom listings. The median price for these types of listings is $1,870. That's $2.08 price per sqft.

  • There are currently a total of 18 three bedroom listings. The median price for these types of listings is $2,698. That's $2.27 price per sqft.

  • There are currently a total of 15 four bedroom listings. The median price for these types of listings is $3,095. That's $1.98 price per sqft.
About The Area
5049 South Drexel Avenue is located in 60637. There are 49,158 people living here. There are 18,877 households. Most of these households have an average family size of 3.44 people. According to the census, 74% are currently renting while 26% own their homes. The median age of this population is around 30.3 years old. On average, most folks in the zipcode are unmarried. About 10% of folks speak a language other than English in this area. The area's employment rate is currently around 43.6%. Speaking of employment, the median income is $27,091. Most folks will commute by car for around 34.4 minutes. Finally, we know that 21% of residents in the area have graduated with their high school degree. Additionally, 14% and 18% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Cook County, Illinois has a population of 5,227,575 people. Based on census records, there are 1,951,606 registered households. Families in this area are on average made up of 3.43 people per household. Most folks are unmarried. They are also typically around 36.1 years old. Does diversity matter to you? Right now, 35% of folks speak a language other than English here. About 43% rent while 57% purchased their homes. Right now, the community is made up of 24% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 15% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $56,902. If you move here, you can expect to commute mostly by car for around 32.6 minutes.

Finally, let's take a look at the stats related to Chicago, IL - IN Urban Area. The urban area is home to 8,672,319 people. A total of 3,153,810 households are registered here. With average family sizes being listed at 3.4 people. About 24% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 14% have their Master's degree. Folks speaking a language other than English, make up about 30% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 31.5 minutes. Speaking of your commute, 61.2% of people in this area are employed. The recorded median income is currently at $63,064 per year. The median population age has been listed at 36.6 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 37% of the population while homeowners are at about 63% of the population.
$1,200
Studio Median Rent
$1,500
1BR Median Rent
$1,870
2BR Median Rent
$2,698
3BR Median Rent
PUBLIC TRANSIT
15
51st Street & Drexel Square (Under 500 ft - 3 min walk)
Chicago Transit Authority
15
E Hyde Park & Drexel (Under 500 ft - 3 min walk)
Chicago Transit Authority
15
2
E Hyde Park & Drexel (Under 500 ft - 3 min walk)
Chicago Transit Authority
2
Payne & Cottage Grove (Under 500 ft - 3 min walk)
Chicago Transit Authority
15
2
E Hyde Park & Ellis (590 ft - 3 min walk)
Chicago Transit Authority

Nearby Schools

(within attendance boundary)
834 E 50th St, Chicago, IL 60615
Public  •  Elementary  •  Grades PK to 8
Chicago Public School District 299
Univ of Chicago Chtr - Woodson  •  0.81 mi  
Charter
4444 S Evans Ave, Chicago, IL 60653
Public  •  Middle School  •  Grades 8
Chicago Public School District 299
Kenwood Academy High School  •  1.73 mi
5015 S Blackstone Av, Chicago, IL 60615
Public  •  High School  •  Grades 7 to 12
Chicago Public School District 299
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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