Large Location Icon

1029 N Lorel Ave; Chicago, IL Property Details

1029 N Lorel Ave, Chicago, IL is a Single Family that was built in 1916. This property is currently Financed,Bank Sale and is not for sale. Our records show that 1029 N Lorel Ave has 3 bedrooms, and 1 bathroom, and a total of 2,039 square feet. The lot size of 1029 N Lorel Ave is 4,466 square feet.

Off market
1029 N Lorel Ave Chicago, IL 60651
$20,000 Estimated Value
3 Beds
1 Baths
2,039 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1916
  • Purchase Price: $100,000
  • Open Loans / Balance: 1 / $96,282
  • Est. Equity / %: $212,718 / 68.84%
  • Gross Yield: 6.551%
  • APN: 16-04-313-010-0000
  • Situs County: Cook
  • Length Of Ownership: 17 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Stories: 1.5
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Water Source: Municipal

Measurements

  • Total: 2,039/SqFt
  • Lot: 4,466/SqFt
  • Gross: 2,039/SqFt
  • Living: 2,039/SqFt
  • Building: 2,039/SqFt
  • Price Per Square Foot: $49.04

Legal Description

  • Description: (HOGENSONS) (FIRST) ADD SUB OF SH WH NE SW EX E 175FT & ALL OF SH NW SW LYING E OF W 1290.2FT SEC 04-39-13
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.89943 / -87.75915
  • Subdivision: Hogensons First
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-04

Amenities

  • Plus Four: 2843
  • Cooling: Yes
  • Garage: None
  • Heating: Yes

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

1029 N Lorel Ave has no associated ownership info
1029 N Lorel Ave has no associated ownership info.

Taxes

1029 N Lorel Ave has 10 associated Taxes items

1029 N Lorel Ave, Chicago, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $20,000. The APN we've located for 1029 N Lorel Ave is 16-04-313-010-0000.

Unlock the full report
Taxes
  • Assessed Value:  $20,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  16-04-313-010-0000
  • Assessed Land Value:  5359
  • Market Land Value:  53590
  • Tax Amount:  3309
  • Tax Year:  2023
  • Market Value:  200000
  • Market Year:  2025

Tax History

1029 N Lorel Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,000 Land Value $5,359 Improvement Value $14,641 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $20,000 Land Value $5,359 Improvement Value $14,641 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $3,309 Change Rate +0.032697% Assessed CR Tax Rate
Year 2022 Assessed Value $19,000 Land Value $4,243 Improvement Value $14,757 Tax Amount $3,204.23 Change Rate +0.016958% Assessed CR Tax Rate +0.168644%
Year 2021 Assessed Value $18,999 Land Value $4,242 Improvement Value $14,757 Tax Amount $3,150.8 Change Rate -0.139709% Assessed CR Tax Rate +0.16584%
Year 2020 Assessed Value $19,543 Land Value $3,796 Improvement Value $15,747 Tax Amount $3,662.48 Change Rate -0.003087% Assessed CR Tax Rate +0.187406%
Year 2019 Assessed Value $21,715 Land Value $3,796 Improvement Value $17,919 Tax Amount $3,673.82 Change Rate +0.017445% Assessed CR Tax Rate +0.169184%
Year 2018 Assessed Value $21,715 Land Value $3,796 Improvement Value $17,919 Tax Amount $3,610.83 Change Rate +0.402624% Assessed CR Tax Rate +0.166283%
Year 2017 Assessed Value $15,334 Land Value $3,349 Improvement Value $11,985 Tax Amount $2,574.34 Change Rate +0.001276% Assessed CR Tax Rate +0.167884%
Year 2016 Assessed Value $15,334 Land Value $3,349 Improvement Value $11,985 Tax Amount $2,571.06 Change Rate +0.103829% Assessed CR Tax Rate +0.167671%
Year 2015 Assessed Value $15,334 Land Value $3,349 Improvement Value $11,985 Tax Amount $2,329.22 Change Rate +0.041332% Assessed CR Tax Rate +0.151899%
Year 2014 Assessed Value $14,624 Land Value $3,126 Improvement Value $11,498 Tax Amount $2,236.77 Change Rate +0.025322% Assessed CR Tax Rate +0.152952%
Year 2013 Assessed Value $14,624 Land Value $3,126 Improvement Value $11,498 Tax Amount $2,181.53 Change Rate Assessed CR Tax Rate +0.149175%