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3124 N Olcott Ave; Chicago, IL Property Details

3124 N Olcott Ave, Chicago, IL is a Single Family that was built in 1923. This property is currently Financed and is not for sale. Our records show that 3124 N Olcott Ave has 1 bedroom, and 1 bathroom, and a total of 462 square feet. The lot size of 3124 N Olcott Ave is 4,432 square feet.

Off market
3124 N Olcott Ave Chicago, IL 60707
$489,000 Listing Price
1 Beds
1 Baths
462 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Individual
  • Owner Status: Individual
  • Year Built: 1923
  • Purchase Price: $489,000
  • Open Loans / Balance: 1 / $410,229
  • Est. Equity / %: $41,771 / 9.24%
  • Gross Yield: 5.004%
  • APN: 12-25-201-016-0000
  • Situs County: Cook
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 3

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Storm
  • Water Source: Municipal

Measurements

  • Total: 462/SqFt
  • Lot: 4,432/SqFt
  • Gross: 462/SqFt
  • Living: 462/SqFt
  • Building: 462/SqFt
  • Ground: 462/SqFt
  • Price Per Square Foot: $1058.44

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: 41.936993 / -87.81437
  • Subdivision: Thompson & Cos Second Add To Elmwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-02

Amenities

  • Plus Four: 1134
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

3124 N Olcott Ave has no associated ownership info
3124 N Olcott Ave has no associated ownership info.

Taxes

3124 N Olcott Ave has 10 associated Taxes items

3124 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 $20,000. The APN we've located for 3124 N Olcott Ave is 12-25-201-016-0000.

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Taxes
  • Assessed Value:  $20,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-25-201-016-0000
  • Assessed Land Value:  11080
  • Market Land Value:  110800
  • Tax Amount:  2955
  • Tax Year:  2023
  • Market Value:  200000
  • Market Year:  2025

Tax History

3124 N Olcott Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,000 Land Value $11,080 Improvement Value $8,920 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $20,000 Land Value $11,080 Improvement Value $8,920 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $2,955 Change Rate +0.025689% Assessed CR Tax Rate
Year 2022 Assessed Value $14,000 Land Value $7,468 Improvement Value $6,532 Tax Amount $2,880.99 Change Rate +0.022799% Assessed CR Tax Rate +0.205785%
Year 2021 Assessed Value $13,999 Land Value $7,467 Improvement Value $6,532 Tax Amount $2,816.77 Change Rate +0.081688% Assessed CR Tax Rate +0.201212%
Year 2020 Assessed Value $14,785 Land Value $5,540 Improvement Value $9,245 Tax Amount $2,604.05 Change Rate -0.003463% Assessed CR Tax Rate +0.176128%
Year 2019 Assessed Value $16,428 Land Value $5,540 Improvement Value $10,888 Tax Amount $2,613.1 Change Rate +0.01757% Assessed CR Tax Rate +0.159064%
Year 2018 Assessed Value $16,428 Land Value $5,540 Improvement Value $10,888 Tax Amount $2,567.98 Change Rate -0.132134% Assessed CR Tax Rate +0.156317%
Year 2017 Assessed Value $17,113 Land Value $4,875 Improvement Value $12,238 Tax Amount $2,958.96 Change Rate +0.010222% Assessed CR Tax Rate +0.172907%
Year 2016 Assessed Value $17,113 Land Value $4,875 Improvement Value $12,238 Tax Amount $2,929.02 Change Rate +0.102487% Assessed CR Tax Rate +0.171158%
Year 2015 Assessed Value $17,113 Land Value $4,875 Improvement Value $12,238 Tax Amount $2,656.74 Change Rate +0.045533% Assessed CR Tax Rate +0.155247%
Year 2014 Assessed Value $16,254 Land Value $4,432 Improvement Value $11,822 Tax Amount $2,541.04 Change Rate +0.024704% Assessed CR Tax Rate +0.156333%
Year 2013 Assessed Value $16,254 Land Value $4,432 Improvement Value $11,822 Tax Amount $2,479.78 Change Rate Assessed CR Tax Rate +0.152564%