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1501 W Olive Ave; Chicago, IL Property Details

1501 W Olive Ave, Chicago, IL is a Duplex 2 Units that was built in 1908. This property is currently Financed and is not for sale. Our records show that 1501 W Olive Ave has 4 bedrooms, and 2 bathrooms, and a total of 2,400 square feet. The lot size of 1501 W Olive Ave is 4,080 square feet.

For Rent
1501 W Olive Ave #1 Chicago, IL 60660
$2,300 Listing Price
4 Beds
2 Baths
2,400 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1908
  • Purchase Price: $700,000
  • Open Loans / Balance: 2 / $974,384
  • Est. Equity / %: $-80,384 / -8.99%
  • APN: 14-05-330-011-0000
  • Situs County: Cook
  • Length Of Ownership: 13 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Building Style: Masonry
  • Stories: 2
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Tar & Gravel
  • Sewer Type: Septic
  • Water Source: Municipal

Measurements

  • Total: 2,400/SqFt
  • Lot: 4,080/SqFt
  • Gross: 2,400/SqFt
  • Living: 2,400/SqFt
  • Building: 2,400/SqFt
  • Price Per Square Foot: $291.67

Legal Description

  • Description: (BRYN)(MAWR) ADD TO (EDGEWATER) SEC 05-40-14
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.984245 / -87.66758
  • Subdivision: Bryn Mawr Add To Edgewater
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-11

Amenities

  • Plus Four: 4230
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Hot Water
  • Parking: 2

Ownership Info

1501 W Olive Ave #1 has no associated ownership info
1501 W Olive Ave #1 has no associated ownership info.

Taxes

1501 W Olive Ave #1 has 10 associated Taxes items

1501 W Olive 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 $58,000. The APN we've located for 1501 W Olive Ave is 14-05-330-011-0000.

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Taxes
  • Assessed Value:  $58,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  14-05-330-011-0000
  • Assessed Land Value:  32999
  • Market Land Value:  329990
  • Tax Amount:  10864
  • Tax Year:  2023
  • Market Value:  580000
  • Market Year:  2025

Tax History

1501 W Olive Ave #1 has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $58,000 Land Value $32,999 Improvement Value $25,001 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $58,000 Land Value $32,999 Improvement Value $25,001 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $10,864 Change Rate +0.027902% Assessed CR Tax Rate
Year 2022 Assessed Value $54,806 Land Value $32,640 Improvement Value $22,166 Tax Amount $10,569.1 Change Rate +0.021042% Assessed CR Tax Rate +0.192846%
Year 2021 Assessed Value $54,806 Land Value $32,640 Improvement Value $22,166 Tax Amount $10,351.29 Change Rate +0.132868% Assessed CR Tax Rate +0.188871%
Year 2020 Assessed Value $44,119 Land Value $18,768 Improvement Value $25,351 Tax Amount $9,137.24 Change Rate -0.026293% Assessed CR Tax Rate +0.207104%
Year 2019 Assessed Value $50,136 Land Value $18,768 Improvement Value $31,368 Tax Amount $9,383.97 Change Rate -0.030115% Assessed CR Tax Rate +0.18717%
Year 2018 Assessed Value $52,416 Land Value $18,768 Improvement Value $33,648 Tax Amount $9,675.34 Change Rate +0.157884% Assessed CR Tax Rate +0.184588%
Year 2017 Assessed Value $42,192 Land Value $16,320 Improvement Value $25,872 Tax Amount $8,356.05 Change Rate -0.078273% Assessed CR Tax Rate +0.198048%
Year 2016 Assessed Value $47,760 Land Value $16,320 Improvement Value $31,440 Tax Amount $9,065.65 Change Rate -0.249038% Assessed CR Tax Rate +0.189817%
Year 2015 Assessed Value $68,502 Land Value $16,320 Improvement Value $52,182 Tax Amount $12,072.05 Change Rate +0.542973% Assessed CR Tax Rate +0.176229%
Year 2014 Assessed Value $44,737 Land Value $12,240 Improvement Value $32,497 Tax Amount $7,823.89 Change Rate -0.038421% Assessed CR Tax Rate +0.174886%
Year 2013 Assessed Value $44,737 Land Value $12,240 Improvement Value $32,497 Tax Amount $8,136.5 Change Rate Assessed CR Tax Rate +0.181874%