Chicago · Commercial sale
Apartment building at 5229 S Drexel Ave in Chicago sells for $2.1 million
An apartment building at 5229 S Drexel Ave, Chicago sold for $2,100,000 on August 6, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $2,100,000
- Sold
- August 6, 2026
- Property type
- Apartment building
- Lot size
- 5,767 sq ft
The apartment building at 5229 S Drexel Ave in Chicago sold for $2,100,000 on August 6, 2026, according to the Cook County Assessor's sales records. The price was 95% above its recorded market value.
The Assessor's records list a 5,767-square-foot lot and a market value of $1,079,000. The last sale on record before this one was $525,000 in 2010. The latest price is 4 times that amount.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Cook County?
By our estimate, the seller's two largest charges, not counting prorations, were $6,300 for the chicago transfer tax (CTA portion) and $5,675 for the owner's title insurance policy. Who pays what follows Cook County custom.
How much did the seller net?
By our estimate, the seller netted about $2,034,955. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $2,068,687 at closing. That covers the full price and closing costs.
Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2622325087. Property details: Cook County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
