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1048 N Lorel Ave; Chicago, IL Property Details

1048 N Lorel Ave, Chicago, IL is a Single Family that was built in 1913. This property is currently Financed and is not for sale. Our records show that 1048 N Lorel Ave has 2 bedrooms, and 1 bathroom, and a total of 1,020 square feet. The lot size of 1048 N Lorel Ave is 4,666 square feet.

Off market
1048 N Lorel Ave Chicago, IL 60651
$279,900 Listing Price
2 Beds
1 Baths
1,020 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1913
  • Purchase Price: $288,000
  • Open Loans / Balance: 1 / $251,731
  • Est. Equity / %: $177,269 / 41.32%
  • Gross Yield: 3.989%
  • APN: 16-04-312-022-0000
  • Situs County: Cook
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Water Source: Municipal

Measurements

  • Total: 1,020/SqFt
  • Lot: 4,666/SqFt
  • Gross: 1,020/SqFt
  • Living: 1,020/SqFt
  • Building: 1,020/SqFt
  • Ground: 1,020/SqFt
  • Price Per Square Foot: $282.35

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: 41.89997 / -87.75975
  • 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

1048 N Lorel Ave has no associated ownership info
1048 N Lorel Ave has no associated ownership info.

Taxes

1048 N Lorel Ave has 10 associated Taxes items

1048 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 $18,400. The APN we've located for 1048 N Lorel Ave is 16-04-312-022-0000.

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Taxes
  • Assessed Value:  $18,400
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  16-04-312-022-0000
  • Assessed Land Value:  5599
  • Market Land Value:  55990
  • Tax Amount:  3376
  • Tax Year:  2023
  • Market Value:  184000
  • Market Year:  2025

Tax History

1048 N Lorel Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,400 Land Value $5,599 Improvement Value $12,801 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $18,400 Land Value $5,599 Improvement Value $12,801 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $3,376 Change Rate +0.025925% Assessed CR Tax Rate
Year 2022 Assessed Value $16,000 Land Value $4,433 Improvement Value $11,567 Tax Amount $3,290.69 Change Rate +0.02283% Assessed CR Tax Rate +0.205668%
Year 2021 Assessed Value $15,999 Land Value $4,432 Improvement Value $11,567 Tax Amount $3,217.24 Change Rate +0.324469% Assessed CR Tax Rate +0.20109%
Year 2020 Assessed Value $10,904 Land Value $3,966 Improvement Value $6,938 Tax Amount $2,429.08 Change Rate -0.00212% Assessed CR Tax Rate +0.22277%
Year 2019 Assessed Value $12,116 Land Value $3,966 Improvement Value $8,150 Tax Amount $2,434.24 Change Rate +0.01711% Assessed CR Tax Rate +0.200911%
Year 2018 Assessed Value $12,116 Land Value $3,966 Improvement Value $8,150 Tax Amount $2,393.29 Change Rate -0.058075% Assessed CR Tax Rate +0.197531%
Year 2017 Assessed Value $11,803 Land Value $3,499 Improvement Value $8,304 Tax Amount $2,540.85 Change Rate +0.074814% Assessed CR Tax Rate +0.215272%
Year 2016 Assessed Value $11,803 Land Value $3,499 Improvement Value $8,304 Tax Amount $2,363.99 Change Rate +0.093008% Assessed CR Tax Rate +0.200287%
Year 2015 Assessed Value $11,803 Land Value $3,499 Improvement Value $8,304 Tax Amount $2,162.83 Change Rate +0.101293% Assessed CR Tax Rate +0.183244%
Year 2014 Assessed Value $10,585 Land Value $3,266 Improvement Value $7,319 Tax Amount $1,963.9 Change Rate +0.020144% Assessed CR Tax Rate +0.185536%
Year 2013 Assessed Value $10,585 Land Value $3,266 Improvement Value $7,319 Tax Amount $1,925.12 Change Rate Assessed CR Tax Rate +0.181872%