2112 S Drake Ave, Chicago, IL 60623 Property Records

Cook County property record for 2112 S Drake Ave, Chicago, IL 60623

Property Summary

Property Type	Apartments (5+ Units)
Details	4 bd · 2 ba · 2,050 sqft · built 1920
Lot Size	0.084 acres (3,650 sqft)
Owner	Company Name on Record
Last Sale	$115,000 (Oct 2025)
Tax Bill	$3,744 (2023)
Deeds & Mortgages	Feb 2022 Mortgage Oct 2025 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`16-23-415-040`

Property Details

APN / Parcel Number

Primary APN	`16-23-415-040`
Alternative APN	`16-23-415-040-0000`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Total Rooms	10 Rooms
Units	2 Units
Stories	2 Stories
Building Area	2,050 sqft Living Area

Exterior

Year Built	Built 1920
Effective Year Built	Effective 1922
Architectural Style	Multi-Family
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Roof Material	Tar & Gravel
Lot Area	3,650 sqft (0.084 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Hot Water

Location & Zoning

Street Address	2112 S DRAKE AVE
City	CHICAGO
State	IL
Zip	60623-3117
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RT-4
Legal Description	(RACE) & (PEARSONS) SUB OF W 15 ACS OF PT LYING S OF WESTERN AVE OR OGDEN AVE RUNNING TO CENTER OF STREET OR AVENUES WH SE SE
Legal Range	13E
Legal Township	39N
Legal Section	23
Legal Subdivision	RACE & PEARSONS
Legal Block	2
Legal Lot Number	62
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	2
Census Block	2015
Census Tract	844700

Owner

Source: Cook County records, as of October 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	16W603 3RD AVE, BENSENVILLE, IL 60106-2327
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 14, 2022	Deed of Trust, Mortgage · Conventional Mortgage DREI LLC
Oct 17, 2025	Warranty Deed, Transfer · Commercial Mortgage KIAVI FUNDING INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 17, 2025 · Amount on Record
Deed Sale	Oct 17, 2025 · Amount on Record
Prior Sale	Oct 8, 1998 · Amount on Record
Deed Document Number	202523093
Prior Transfer Date	Sep 30, 1998
Prior Transfer Doc	0000000962
Record Updated	Oct 29, 2026

February 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	2112 S DRAKE AVE, CHICAGO, IL 60623-3117
Transaction Type	Mortgage
Record Updated	Jun 9, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0004512240
Date	Feb 14, 2022
Instrument	2204512240

Lender

Name	DREI LLC
Type	Non-Lending Institution
Address	LONG BEACH, CA 90809

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Mar 1, 2037

Interest

Rate Type	Fixed Rate
Rate	29.9%

October 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Oct 17, 2025
Property Address	2112 S DRAKE AVE, CHICAGO, IL 60623-3117
Document Number	0029023093
Instrument Date	Oct 7, 2025
Instrument	2529023093
Transaction Type	Transfer
Record Updated	Apr 2, 2026
Title Company	INVESTOR TITLE SERVICES, INVESTORS TITLE SERVICES LLC

Transaction

Amount	Amount Recorded
Tax	$115.00
Amount Accuracy	Rounded by County
Additional	Notice of Foreclosure Sale Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	16W 3RD AVE # 603, 603, BENSENVILLE, IL 60106-3195
Investor	Possibly a Property Investor

Mortgage

Document Number	0029023094
Date	Oct 17, 2025
Instrument	2529023094

Lender

Name	KIAVI FUNDING INC
Type	Mortgage Company

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	343 Months
Due	May 1, 2054

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
Municipality	Chicago City
Unified School District	Chicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$20,001 (-4.75%) Land $5,293 Building $14,708	$200,010 (-4.75%) Land $52,930 Building $147,080
2023	$3,744.00 (+3.23%) Homeowner's exemption	$20,999 (-) Land $4,288 Building $16,711	$209,990 (-) Land $42,880 Building $167,110
2022	$3,627.00 Homeowner's exemption	$20,999 Land $4,288 Building $16,711	$209,990 Land $42,880 Building $167,110

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 11, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CHICAGO serves 2,721,308 people · EPA ID IL0316000
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	6 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	8 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 875 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
T-Mobile Fixed Wireless	100 / 20
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

May also be available: Verizon.

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