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3042 N Olcott Ave; Chicago, IL Property Details

3042 N Olcott Ave, Chicago, IL is a Single Family that was built in 1928. This property is currently Financed and is not for sale. Our records show that 3042 N Olcott Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,517 square feet. The lot size of 3042 N Olcott Ave is 6,650 square feet.

Off market
3042 N Olcott Ave Chicago, IL 60707
$39,000 Estimated Value
3 Beds
2 Baths
1,517 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1928
  • Purchase Price: $136,000
  • Open Loans / Balance: 2 / $353,226
  • Est. Equity / %: $194,774 / 35.54%
  • Gross Yield: 8.851%
  • APN: 12-25-209-012-0000
  • Situs County: Cook
  • Length Of Ownership: 31 years, 1 months

Rooms

  • Bedrooms: 3
  • 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: 1,517/SqFt
  • Lot: 6,650/SqFt
  • Gross: 1,517/SqFt
  • Living: 1,517/SqFt
  • Building: 1,517/SqFt
  • Price Per Square Foot: $89.65

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: 41.93563 / -87.814354
  • 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

3042 N Olcott Ave has no associated ownership info
3042 N Olcott Ave has no associated ownership info.

Taxes

3042 N Olcott Ave has 10 associated Taxes items

3042 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 $39,000. The APN we've located for 3042 N Olcott Ave is 12-25-209-012-0000.

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Taxes
  • Assessed Value:  $39,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-25-209-012-0000
  • Assessed Land Value:  16625
  • Market Land Value:  166250
  • Tax Amount:  6267
  • Tax Year:  2023
  • Market Value:  390000
  • Market Year:  2025

Tax History

3042 N Olcott Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,000 Land Value $16,625 Improvement Value $22,375 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $39,000 Land Value $16,625 Improvement Value $22,375 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,267 Change Rate +0.029492% Assessed CR Tax Rate
Year 2022 Assessed Value $33,000 Land Value $13,300 Improvement Value $19,700 Tax Amount $6,087.47 Change Rate +0.019702% Assessed CR Tax Rate +0.184469%
Year 2021 Assessed Value $33,000 Land Value $13,300 Improvement Value $19,700 Tax Amount $5,969.85 Change Rate +0.082546% Assessed CR Tax Rate +0.180905%
Year 2020 Assessed Value $27,843 Land Value $8,312 Improvement Value $19,531 Tax Amount $5,514.64 Change Rate -0.002745% Assessed CR Tax Rate +0.198062%
Year 2019 Assessed Value $30,937 Land Value $8,312 Improvement Value $22,625 Tax Amount $5,529.82 Change Rate +0.01731% Assessed CR Tax Rate +0.178745%
Year 2018 Assessed Value $30,937 Land Value $8,312 Improvement Value $22,625 Tax Amount $5,435.73 Change Rate +0.042386% Assessed CR Tax Rate +0.175703%
Year 2017 Assessed Value $27,586 Land Value $7,315 Improvement Value $20,271 Tax Amount $5,214.7 Change Rate +0.037169% Assessed CR Tax Rate +0.189034%
Year 2016 Assessed Value $27,586 Land Value $7,315 Improvement Value $20,271 Tax Amount $5,027.82 Change Rate +0.098502% Assessed CR Tax Rate +0.18226%
Year 2015 Assessed Value $27,586 Land Value $7,315 Improvement Value $20,271 Tax Amount $4,576.98 Change Rate +0.067657% Assessed CR Tax Rate +0.165917%
Year 2014 Assessed Value $25,657 Land Value $6,650 Improvement Value $19,007 Tax Amount $4,286.94 Change Rate +0.022855% Assessed CR Tax Rate +0.167087%
Year 2013 Assessed Value $25,657 Land Value $6,650 Improvement Value $19,007 Tax Amount $4,191.15 Change Rate Assessed CR Tax Rate +0.163353%