Taxes
- Assessed Value: $16,000
- Assessed Year: 2025
- Assessed County: Cook
- APN: 16-04-312-024-0000
- Assessed Land Value: 5599
- Market Land Value: 55990
- Tax Amount: 3309
- Tax Year: 2023
- Market Value: 160000
- Market Year: 2025
1040 N Lorel Ave; Chicago, IL Property Details
Off market
1040 N Lorel Ave Chicago, IL 60651
$16,000 Estimated Value
3 Beds
1.5 Baths
1,192 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1913
- Purchase Price: $160,000
- Open Loans / Balance: 1 / $76,553
- Est. Equity / %: $133,447 / 63.55%
- Gross Yield: 7.423%
- APN: 16-04-312-024-0000
- Situs County: Cook
- Length Of Ownership: 21 years, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Stories: 1.5
- Exterior Wall Type: Stucco
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Water Source: Municipal
Measurements
- Total: 1,192/SqFt
- Lot: 4,666/SqFt
- Gross: 1,192/SqFt
- Living: 1,192/SqFt
- Building: 1,192/SqFt
- Price Per Square Foot: $134.23
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: 41.899788 / -87.759735
- Subdivision: Hogensons First
- Property Class: Residential
- Zoning: RS-2
- County Use Code: 2-03
Amenities
- Plus Four: 2842
- 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
1040 N Lorel Ave has no associated ownership info
1040 N Lorel Ave has no associated ownership info.
Taxes
1040 N Lorel Ave has 10 associated Taxes items
1040 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 $16,000. The APN we've located for 1040 N Lorel Ave is 16-04-312-024-0000.
Unlock the full reportTax History
1040 N Lorel Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $16,000 | Land Value $5,599 | Improvement Value $10,401 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $16,000 | Land Value $5,599 | Improvement Value $10,401 | 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 $4,433 | Improvement Value $14,567 | Tax Amount $3,204.23 | Change Rate +0.016958% | Assessed CR | Tax Rate +0.168644% |
| Year 2021 | Assessed Value $18,999 | Land Value $4,432 | Improvement Value $14,567 | Tax Amount $3,150.8 | Change Rate +0.12632% | Assessed CR | Tax Rate +0.16584% |
| Year 2020 | Assessed Value $15,660 | Land Value $3,966 | Improvement Value $11,694 | Tax Amount $2,797.43 | Change Rate -0.003427% | Assessed CR | Tax Rate +0.178635% |
| Year 2019 | Assessed Value $17,401 | Land Value $3,966 | Improvement Value $13,435 | Tax Amount $2,807.05 | Change Rate +0.017523% | Assessed CR | Tax Rate +0.161315% |
| Year 2018 | Assessed Value $17,401 | Land Value $3,966 | Improvement Value $13,435 | Tax Amount $2,758.71 | Change Rate +0.336643% | Assessed CR | Tax Rate +0.158537% |
| Year 2017 | Assessed Value $12,963 | Land Value $3,499 | Improvement Value $9,464 | Tax Amount $2,063.91 | Change Rate -0.015404% | Assessed CR | Tax Rate +0.159215% |
| Year 2016 | Assessed Value $12,963 | Land Value $3,499 | Improvement Value $9,464 | Tax Amount $2,096.2 | Change Rate +0.106326% | Assessed CR | Tax Rate +0.161706% |
| Year 2015 | Assessed Value $12,963 | Land Value $3,499 | Improvement Value $9,464 | Tax Amount $1,894.74 | Change Rate +0.008667% | Assessed CR | Tax Rate +0.146165% |
| Year 2014 | Assessed Value $12,693 | Land Value $3,266 | Improvement Value $9,427 | Tax Amount $1,878.46 | Change Rate +0.026318% | Assessed CR | Tax Rate +0.147992% |
| Year 2013 | Assessed Value $12,693 | Land Value $3,266 | Improvement Value $9,427 | Tax Amount $1,830.29 | Change Rate | Assessed CR | Tax Rate +0.144197% |