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1314 N Lorel Ave; Chicago, IL Property Details

1314 N Lorel Ave, Chicago, IL is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 1314 N Lorel Ave has 4 bedrooms, and 1.5 bathrooms, and a total of 1,354 square feet. The lot size of 1314 N Lorel Ave is 4,488 square feet.

Off market
1314 N Lorel Ave Chicago, IL 60651
$320,000 Listing Price
4 Beds
1.5 Baths
1,354 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1925
  • Purchase Price: $320,000
  • Open Loans / Balance: 1 / $223,375
  • Est. Equity / %: $110,625 / 33.12%
  • Gross Yield: 8.835%
  • APN: 16-04-118-030-0000
  • Situs County: Cook
  • Length Of Ownership: 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 1.5
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,354/SqFt
  • Lot: 4,488/SqFt
  • Gross: 1,354/SqFt
  • Living: 1,354/SqFt
  • Building: 1,354/SqFt
  • Price Per Square Foot: $236.34

Legal Description

  • Description: (COLLINS) (GAUNTLETT) & (DUNAS) (AUSTIN) MANOR SUB OF LTS2-4,6 IN PARTN OF W10.728ACS OF E42.912ACS OF SH NW 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: 41.90451 / -87.76009
  • Subdivision: Collins Gauntlett & Dunas Austin
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-03

Amenities

  • Plus Four: 1366
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Hot Water
  • Parking: 2

Ownership Info

1314 N Lorel Ave has no associated ownership info
1314 N Lorel Ave has no associated ownership info.

Taxes

1314 N Lorel Ave has 10 associated Taxes items

1314 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 $26,000. The APN we've located for 1314 N Lorel Ave is 16-04-118-030-0000.

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Taxes
  • Assessed Value:  $26,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  16-04-118-030-0000
  • Assessed Land Value:  5610
  • Market Land Value:  56100
  • Tax Amount:  4227
  • Tax Year:  2023
  • Market Value:  260000
  • Market Year:  2025

Tax History

1314 N Lorel Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,000 Land Value $5,610 Improvement Value $20,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $26,000 Land Value $5,610 Improvement Value $20,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $4,227 Change Rate +1.838761% Assessed CR Tax Rate
Year 2022 Assessed Value $26,000 Land Value $4,488 Improvement Value $21,512 Tax Amount $1,489.03 Change Rate +0.050469% Assessed CR Tax Rate +0.05727%
Year 2021 Assessed Value $26,000 Land Value $4,488 Improvement Value $21,512 Tax Amount $1,417.49 Change Rate -0.030962% Assessed CR Tax Rate +0.054519%
Year 2020 Assessed Value $16,195 Land Value $4,375 Improvement Value $11,820 Tax Amount $1,462.78 Change Rate +0.003045% Assessed CR Tax Rate +0.090323%
Year 2019 Assessed Value $17,995 Land Value $4,375 Improvement Value $13,620 Tax Amount $1,458.34 Change Rate +0.015331% Assessed CR Tax Rate +0.081041%
Year 2018 Assessed Value $17,995 Land Value $4,375 Improvement Value $13,620 Tax Amount $1,436.32 Change Rate -0.066063% Assessed CR Tax Rate +0.079818%
Year 2017 Assessed Value $14,677 Land Value $3,814 Improvement Value $10,863 Tax Amount $1,537.92 Change Rate -0.261421% Assessed CR Tax Rate +0.104784%
Year 2016 Assessed Value $14,677 Land Value $3,814 Improvement Value $10,863 Tax Amount $2,082.27 Change Rate -0.057302% Assessed CR Tax Rate +0.141873%
Year 2015 Assessed Value $14,677 Land Value $3,814 Improvement Value $10,863 Tax Amount $2,208.84 Change Rate -0.10768% Assessed CR Tax Rate +0.150497%
Year 2014 Assessed Value $15,910 Land Value $3,590 Improvement Value $12,320 Tax Amount $2,475.39 Change Rate +0.024841% Assessed CR Tax Rate +0.155587%
Year 2013 Assessed Value $15,910 Land Value $3,590 Improvement Value $12,320 Tax Amount $2,415.39 Change Rate Assessed CR Tax Rate +0.151816%