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3224 N Olcott Ave; Chicago, IL Property Details

3224 N Olcott Ave, Chicago, IL is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 3224 N Olcott Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,344 square feet. The lot size of 3224 N Olcott Ave is 4,980 square feet.

Off market
3224 N Olcott Ave Chicago, IL 60634
$39,000 Estimated Value
3 Beds
2 Baths
1,344 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1986
  • Purchase Price: $213,000
  • Open Loans / Balance: 1 / $67,483
  • Est. Equity / %: $349,517 / 83.82%
  • Gross Yield: 9.781%
  • APN: 12-24-425-042-0000
  • Situs County: Cook
  • Length Of Ownership: 26 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,344/SqFt
  • Lot: 4,980/SqFt
  • Gross: 1,344/SqFt
  • Living: 1,344/SqFt
  • Building: 1,344/SqFt
  • Ground: 1,344/SqFt
  • Price Per Square Foot: $158.48

Legal Description

  • Description: H O (STONE) & COS (FIRST) ADD TO (BELMONT) AVE TERRAC E BEING S1240.1FT OF LT5 OF ASSESSORS DIV OF EH SEC 24-40-12
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: 41.938705 / -87.81442
  • Subdivision: Stone & Cos First Add To Belmont
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-03

Amenities

  • Plus Four: 3337
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

3224 N Olcott Ave has no associated ownership info
3224 N Olcott Ave has no associated ownership info.

Taxes

3224 N Olcott Ave has 10 associated Taxes items

3224 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 3224 N Olcott Ave is 12-24-425-042-0000.

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Taxes
  • Assessed Value:  $39,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-24-425-042-0000
  • Assessed Land Value:  12450
  • Market Land Value:  124500
  • Tax Amount:  6268
  • Tax Year:  2023
  • Market Value:  390000
  • Market Year:  2025

Tax History

3224 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 $12,450 Improvement Value $26,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $39,000 Land Value $12,450 Improvement Value $26,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,268 Change Rate +0.029514% Assessed CR Tax Rate
Year 2022 Assessed Value $33,000 Land Value $9,960 Improvement Value $23,040 Tax Amount $6,088.31 Change Rate +0.019705% Assessed CR Tax Rate +0.184494%
Year 2021 Assessed Value $33,004 Land Value $9,964 Improvement Value $23,040 Tax Amount $5,970.66 Change Rate +0.145035% Assessed CR Tax Rate +0.180907%
Year 2020 Assessed Value $26,496 Land Value $6,225 Improvement Value $20,271 Tax Amount $5,214.39 Change Rate -0.002773% Assessed CR Tax Rate +0.196799%
Year 2019 Assessed Value $29,440 Land Value $6,225 Improvement Value $23,215 Tax Amount $5,228.89 Change Rate +0.017327% Assessed CR Tax Rate +0.177612%
Year 2018 Assessed Value $29,440 Land Value $6,225 Improvement Value $23,215 Tax Amount $5,139.83 Change Rate -0.055519% Assessed CR Tax Rate +0.174587%
Year 2017 Assessed Value $28,641 Land Value $5,478 Improvement Value $23,163 Tax Amount $5,441.96 Change Rate +0.038697% Assessed CR Tax Rate +0.190006%
Year 2016 Assessed Value $28,641 Land Value $5,478 Improvement Value $23,163 Tax Amount $5,239.22 Change Rate +0.098261% Assessed CR Tax Rate +0.182927%
Year 2015 Assessed Value $28,641 Land Value $5,478 Improvement Value $23,163 Tax Amount $4,770.47 Change Rate -0.04882% Assessed CR Tax Rate +0.166561%
Year 2014 Assessed Value $29,580 Land Value $4,980 Improvement Value $24,600 Tax Amount $5,015.32 Change Rate +0.022448% Assessed CR Tax Rate +0.169551%
Year 2013 Assessed Value $29,580 Land Value $4,980 Improvement Value $24,600 Tax Amount $4,905.21 Change Rate Assessed CR Tax Rate +0.165829%