Taxes
- Assessed Value: $23,800
- Assessed Year: 2025
- Assessed County: Cook
- APN: 16-09-317-023-0000
- Assessed Land Value: 6300
- Market Land Value: 63000
- Tax Amount: 1265
- Tax Year: 2023
- Market Value: 238000
- Market Year: 2025
118 N Lorel Ave; Chicago, IL Property Details
Off market
118 N Lorel Ave Chicago, IL 60644
$269,000 Listing Price
5 Beds
2 Baths
1,440 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1898
- Purchase Price: $269,000
- Open Loans / Balance: 2 / $312,762
- Est. Equity / %: $91,238 / 22.58%
- Gross Yield: 6.187%
- APN: 16-09-317-023-0000
- Situs County: Cook
- Length Of Ownership: 5 years, 4 months
Rooms
- Bedrooms: 5
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 8
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Wood
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
Measurements
- Total: 1,440/SqFt
- Lot: 5,250/SqFt
- Gross: 1,440/SqFt
- Living: 1,440/SqFt
- Building: 1,440/SqFt
- Price Per Square Foot: $186.81
Legal Description
- Description: F A (HILLS)(MADISON) ST ADD SUB WH EX W 136.9FT N 270 FT & ALL PT SW SW LYING E OF E LINE OF WILLOW AVE EX N 270 FT WH SE SW
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: 41.88296 / -87.759125
- Subdivision: Hills Madison
- Property Class: Residential
- Zoning: RS-3
- County Use Code: 2-05
Amenities
- Plus Four: 3303
- Cooling: Central
- Garage: Detached Garage
- Heating: Yes
- Parking: 2
Ownership Info
118 N Lorel Ave has no associated ownership info
118 N Lorel Ave has no associated ownership info.
Taxes
118 N Lorel Ave has 10 associated Taxes items
118 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 $23,800. The APN we've located for 118 N Lorel Ave is 16-09-317-023-0000.
Unlock the full reportTax History
118 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 $23,800 | Land Value $6,300 | Improvement Value $17,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $23,800 | Land Value $6,300 | Improvement Value $17,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,265 | Change Rate +0.025579% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $6,000 | Land Value $3,000 | Improvement Value $3,000 | Tax Amount $1,233.45 | Change Rate +0.022821% | Assessed CR | Tax Rate +0.205575% |
| Year 2021 | Assessed Value $5,997 | Land Value $2,997 | Improvement Value $3,000 | Tax Amount $1,205.93 | Change Rate -0.610938% | Assessed CR | Tax Rate +0.201089% |
| Year 2020 | Assessed Value $13,914 | Land Value $4,462 | Improvement Value $9,452 | Tax Amount $3,099.58 | Change Rate +0.282365% | Assessed CR | Tax Rate +0.222767% |
| Year 2019 | Assessed Value $15,460 | Land Value $4,462 | Improvement Value $10,998 | Tax Amount $2,417.08 | Change Rate +0.017589% | Assessed CR | Tax Rate +0.156344% |
| Year 2018 | Assessed Value $15,460 | Land Value $4,462 | Improvement Value $10,998 | Tax Amount $2,375.3 | Change Rate +0.101251% | Assessed CR | Tax Rate +0.153642% |
| Year 2017 | Assessed Value $13,395 | Land Value $3,937 | Improvement Value $9,458 | Tax Amount $2,156.91 | Change Rate -0.011829% | Assessed CR | Tax Rate +0.161024% |
| Year 2016 | Assessed Value $13,395 | Land Value $3,937 | Improvement Value $9,458 | Tax Amount $2,182.73 | Change Rate +0.105784% | Assessed CR | Tax Rate +0.162951% |
| Year 2015 | Assessed Value $13,395 | Land Value $3,937 | Improvement Value $9,458 | Tax Amount $1,973.92 | Change Rate +0.055098% | Assessed CR | Tax Rate +0.147362% |
| Year 2014 | Assessed Value $12,652 | Land Value $3,675 | Improvement Value $8,977 | Tax Amount $1,870.84 | Change Rate +0.026327% | Assessed CR | Tax Rate +0.147869% |
| Year 2013 | Assessed Value $12,652 | Land Value $3,675 | Improvement Value $8,977 | Tax Amount $1,822.85 | Change Rate | Assessed CR | Tax Rate +0.144076% |