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1050 N Lorel Ave; Chicago, IL Property Details

1050 N Lorel Ave, Chicago, IL is a Single Family that was built in 1913. This property is currently a cash purchase and is not for sale. Our records show that 1050 N Lorel Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 2,786 square feet. The lot size of 1050 N Lorel Ave is 4,666 square feet.

Off market
1050 N Lorel Ave Chicago, IL 60651
$300,000 Listing Price
4 Beds
2.5 Baths
2,786 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1913
  • Purchase Price: $300,000
  • Open Loans / Balance: 2 / $499,536
  • Est. Equity / %: $-109,536 / -28.09%
  • Gross Yield: 5.917%
  • APN: 16-04-312-021-0000
  • Situs County: Cook
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,786/SqFt
  • Lot: 4,666/SqFt
  • Gross: 2,786/SqFt
  • Living: 2,786/SqFt
  • Building: 2,786/SqFt
  • Price Per Square Foot: $107.68

Legal Description

  • Description: SOUTH2 NW4 SW4 SEC04
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: 41.900063 / -87.759766
  • Subdivision: Hogensons First Add Sub Of Sh Wh Ne
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-06

Amenities

  • Plus Four: 2842
  • Cooling: Yes
  • Garage: None
  • Heating: Hot Water

Ownership Info

1050 N Lorel Ave has no associated ownership info
1050 N Lorel Ave has no associated ownership info.

Taxes

1050 N Lorel Ave has 10 associated Taxes items

1050 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 $22,000. The APN we've located for 1050 N Lorel Ave is 16-04-312-021-0000.

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Taxes
  • Assessed Value:  $22,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  16-04-312-021-0000
  • Assessed Land Value:  5599
  • Market Land Value:  55990
  • Tax Amount:  5064
  • Tax Year:  2023
  • Market Value:  220000
  • Market Year:  2025

Tax History

1050 N Lorel Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $22,000 Land Value $5,599 Improvement Value $16,401 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $22,000 Land Value $5,599 Improvement Value $16,401 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $5,064 Change Rate +0.025895% Assessed CR Tax Rate
Year 2022 Assessed Value $24,000 Land Value $4,433 Improvement Value $19,567 Tax Amount $4,936.18 Change Rate +0.022833% Assessed CR Tax Rate +0.205674%
Year 2021 Assessed Value $23,999 Land Value $4,432 Improvement Value $19,567 Tax Amount $4,825.99 Change Rate -0.142921% Assessed CR Tax Rate +0.201091%
Year 2020 Assessed Value $25,276 Land Value $3,966 Improvement Value $21,310 Tax Amount $5,630.74 Change Rate -0.002107% Assessed CR Tax Rate +0.22277%
Year 2019 Assessed Value $28,085 Land Value $3,966 Improvement Value $24,119 Tax Amount $5,642.63 Change Rate +0.158851% Assessed CR Tax Rate +0.200913%
Year 2018 Assessed Value $28,085 Land Value $3,966 Improvement Value $24,119 Tax Amount $4,869.16 Change Rate +0.560183% Assessed CR Tax Rate +0.173372%
Year 2017 Assessed Value $17,873 Land Value $3,499 Improvement Value $14,374 Tax Amount $3,120.89 Change Rate -0.128192% Assessed CR Tax Rate +0.174615%
Year 2016 Assessed Value $17,873 Land Value $3,499 Improvement Value $14,374 Tax Amount $3,579.79 Change Rate +0.460477% Assessed CR Tax Rate +0.20029%
Year 2015 Assessed Value $17,873 Land Value $3,499 Improvement Value $14,374 Tax Amount $2,451.11 Change Rate -0.180719% Assessed CR Tax Rate +0.13714%
Year 2014 Assessed Value $16,125 Land Value $3,266 Improvement Value $12,859 Tax Amount $2,991.78 Change Rate Assessed CR Tax Rate +0.185537%
Year 2013 Assessed Value $16,125 Land Value $3,266 Improvement Value $12,859 Tax Amount Change Rate Assessed CR Tax Rate