Large Location Icon

1055 N Lorel Ave; Chicago, IL Property Details

1055 N Lorel Ave, Chicago, IL is a Single Family that was built in 1912. This property is currently a cash purchase and is not for sale. Our records show that 1055 N Lorel Ave has 5 bedrooms, and 2.5 bathrooms, and a total of 2,325 square feet. The lot size of 1055 N Lorel Ave is 4,466 square feet.

Off market
1055 N Lorel Ave Chicago, IL 60651
$130,000 Listing Price
5 Beds
2.5 Baths
2,325 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1912
  • Purchase Price: $130,000
  • Open Loans / Balance: 1 / $112,080
  • Est. Equity / %: $283,920 / 71.7%
  • Gross Yield: 4.576%
  • APN: 16-04-313-002-0000
  • Situs County: Cook
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,325/SqFt
  • Lot: 4,466/SqFt
  • Gross: 2,325/SqFt
  • Living: 2,325/SqFt
  • Building: 2,325/SqFt
  • Price Per Square Foot: $55.91

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: 41.900158 / -87.75919
  • Subdivision: Hogensons First
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-06

Amenities

  • Plus Four: 2843
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Hot Water
  • Parking: 2

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

1055 N Lorel Ave has no associated ownership info
1055 N Lorel Ave has no associated ownership info.

Taxes

1055 N Lorel Ave has 10 associated Taxes items

1055 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 $19,700. The APN we've located for 1055 N Lorel Ave is 16-04-313-002-0000.

Unlock the full report
Taxes
  • Assessed Value:  $19,700
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  16-04-313-002-0000
  • Assessed Land Value:  5359
  • Market Land Value:  53590
  • Tax Amount:  1621
  • Tax Year:  2023
  • Market Value:  197000
  • Market Year:  2025

Tax History

1055 N Lorel Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,700 Land Value $5,359 Improvement Value $14,341 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $19,700 Land Value $5,359 Improvement Value $14,341 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $1,621 Change Rate +0.039889% Assessed CR Tax Rate
Year 2022 Assessed Value $11,000 Land Value $4,243 Improvement Value $6,757 Tax Amount $1,558.82 Change Rate +0.010829% Assessed CR Tax Rate +0.141711%
Year 2021 Assessed Value $10,999 Land Value $4,242 Improvement Value $6,757 Tax Amount $1,542.12 Change Rate -0.663429% Assessed CR Tax Rate +0.140205%
Year 2020 Assessed Value $23,670 Land Value $3,796 Improvement Value $19,874 Tax Amount $4,581.85 Change Rate -0.002864% Assessed CR Tax Rate +0.193572%
Year 2019 Assessed Value $26,300 Land Value $3,796 Improvement Value $22,504 Tax Amount $4,595.01 Change Rate +0.017369% Assessed CR Tax Rate +0.174715%
Year 2018 Assessed Value $26,300 Land Value $3,796 Improvement Value $22,504 Tax Amount $4,516.56 Change Rate +0.452817% Assessed CR Tax Rate +0.171732%
Year 2017 Assessed Value $17,817 Land Value $3,349 Improvement Value $14,468 Tax Amount $3,108.83 Change Rate +0.01317% Assessed CR Tax Rate +0.174487%
Year 2016 Assessed Value $17,817 Land Value $3,349 Improvement Value $14,468 Tax Amount $3,068.42 Change Rate +0.102071% Assessed CR Tax Rate +0.172219%
Year 2015 Assessed Value $17,817 Land Value $3,349 Improvement Value $14,468 Tax Amount $2,784.23 Change Rate +0.157852% Assessed CR Tax Rate +0.156268%
Year 2014 Assessed Value $15,529 Land Value $3,126 Improvement Value $12,403 Tax Amount $2,404.65 Change Rate Assessed CR Tax Rate +0.154849%
Year 2013 Assessed Value $15,529 Land Value $3,126 Improvement Value $12,403 Tax Amount Change Rate Assessed CR Tax Rate