Large Location Icon

3002 N Olcott Ave; Chicago, IL Property Details

3002 N Olcott Ave, Chicago, IL is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 3002 N Olcott Ave has 3 bedrooms, and 3 bathrooms, and a total of 1,893 square feet. The lot size of 3002 N Olcott Ave is 4,434 square feet.

Off market
3002 N Olcott Ave Chicago, IL 60707
$42,000 Estimated Value
3 Beds
3 Baths
1,893 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1954
  • Purchase Price: $160,000
  • Open Loans / Balance: 1 / $55,976
  • Est. Equity / %: $335,024 / 85.68%
  • Gross Yield: 11.687%
  • APN: 12-25-209-034-0000
  • Situs County: Cook
  • Length Of Ownership: 26 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,893/SqFt
  • Lot: 4,434/SqFt
  • Gross: 1,893/SqFt
  • Living: 1,893/SqFt
  • Building: 1,893/SqFt
  • Price Per Square Foot: $84.52

Legal Description

  • Description: JOHN W (THOMPSON) & COS (SECOND) ADD TO (ELMWOOD) PK GARDEN IN SEC 25-40-12
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: 41.934498 / -87.814255
  • Subdivision: Thompson & Cos Second Add To Elmwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-05

Amenities

  • Plus Four: 1132
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

3002 N Olcott Ave has no associated ownership info
3002 N Olcott Ave has no associated ownership info.

Taxes

3002 N Olcott Ave has 10 associated Taxes items

3002 N Olcott 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 $42,000. The APN we've located for 3002 N Olcott Ave is 12-25-209-034-0000.

Unlock the full report
Taxes
  • Assessed Value:  $42,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-25-209-034-0000
  • Assessed Land Value:  11085
  • Market Land Value:  110850
  • Tax Amount:  7323
  • Tax Year:  2023
  • Market Value:  420000
  • Market Year:  2025

Tax History

3002 N Olcott Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $42,000 Land Value $11,085 Improvement Value $30,915 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $42,000 Land Value $11,085 Improvement Value $30,915 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $7,323 Change Rate +0.028906% Assessed CR Tax Rate
Year 2022 Assessed Value $38,000 Land Value $8,868 Improvement Value $29,132 Tax Amount $7,117.27 Change Rate +0.020141% Assessed CR Tax Rate +0.187297%
Year 2021 Assessed Value $38,004 Land Value $8,872 Improvement Value $29,132 Tax Amount $6,976.75 Change Rate +0.151851% Assessed CR Tax Rate +0.183579%
Year 2020 Assessed Value $30,276 Land Value $5,542 Improvement Value $24,734 Tax Amount $6,056.99 Change Rate -0.002704% Assessed CR Tax Rate +0.200059%
Year 2019 Assessed Value $33,641 Land Value $5,542 Improvement Value $28,099 Tax Amount $6,073.41 Change Rate +0.017291% Assessed CR Tax Rate +0.180536%
Year 2018 Assessed Value $33,641 Land Value $5,542 Improvement Value $28,099 Tax Amount $5,970.18 Change Rate +0.007765% Assessed CR Tax Rate +0.177467%
Year 2017 Assessed Value $30,880 Land Value $4,877 Improvement Value $26,003 Tax Amount $5,924.18 Change Rate +0.04153% Assessed CR Tax Rate +0.191845%
Year 2016 Assessed Value $30,880 Land Value $4,877 Improvement Value $26,003 Tax Amount $5,687.96 Change Rate +0.097863% Assessed CR Tax Rate +0.184196%
Year 2015 Assessed Value $30,880 Land Value $4,877 Improvement Value $26,003 Tax Amount $5,180.94 Change Rate +0.128984% Assessed CR Tax Rate +0.167777%
Year 2014 Assessed Value $27,284 Land Value $4,434 Improvement Value $22,850 Tax Amount $4,589.03 Change Rate +0.022664% Assessed CR Tax Rate +0.168195%
Year 2013 Assessed Value $27,284 Land Value $4,434 Improvement Value $22,850 Tax Amount $4,487.33 Change Rate Assessed CR Tax Rate +0.164467%