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4516 N Reserve Ave; Chicago, IL Property Details

4516 N Reserve Ave, Chicago, IL is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 4516 N Reserve Ave has 4 bedrooms, and 1.5 bathrooms, and a total of 2,116 square feet. The lot size of 4516 N Reserve Ave is 7,400 square feet.

Off market
4516 N Reserve Ave Chicago, IL 60656
$52,000 Estimated Value
4 Beds
1.5 Baths
2,116 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Purchase Price: $370,000
  • Open Loans / Balance: 2 / $306,446
  • Est. Equity / %: $205,554 / 40.15%
  • Gross Yield: 11.677%
  • APN: 12-14-109-066-0000
  • Situs County: Cook
  • Length Of Ownership: 21 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,116/SqFt
  • Lot: 7,400/SqFt
  • Gross: 2,116/SqFt
  • Living: 2,116/SqFt
  • Building: 2,116/SqFt
  • Ground: 2,116/SqFt
  • Price Per Square Foot: $174.86

Legal Description

  • Description: (SCHORSCH)(BROTHERS) RESUB OF LTS1-23 IN BLK1 & ALL B LK2 IN RESUB OF BLKS1-3 IN SCHORSCH FOREST VIEW UNIT NO2 SUB OF PT OF N
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: 41.961548 / -87.844795
  • Subdivision: Schorsch Brothers
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-04

Amenities

  • Plus Four: 4144
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

4516 N Reserve Ave has no associated ownership info
4516 N Reserve Ave has no associated ownership info.

Taxes

4516 N Reserve Ave has 10 associated Taxes items

4516 N Reserve 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 $52,000. The APN we've located for 4516 N Reserve Ave is 12-14-109-066-0000.

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Taxes
  • Assessed Value:  $52,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-14-109-066-0000
  • Assessed Land Value:  18500
  • Market Land Value:  185000
  • Tax Amount:  8162
  • Tax Year:  2023
  • Market Value:  520000
  • Market Year:  2025

Tax History

4516 N Reserve Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $52,000 Land Value $18,500 Improvement Value $33,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $52,000 Land Value $18,500 Improvement Value $33,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $8,162 Change Rate +0.028591% Assessed CR Tax Rate
Year 2022 Assessed Value $42,000 Land Value $14,800 Improvement Value $27,200 Tax Amount $7,935.13 Change Rate +0.020452% Assessed CR Tax Rate +0.188932%
Year 2021 Assessed Value $42,000 Land Value $14,800 Improvement Value $27,200 Tax Amount $7,776.09 Change Rate -0.024622% Assessed CR Tax Rate +0.185145%
Year 2020 Assessed Value $38,890 Land Value $9,250 Improvement Value $29,640 Tax Amount $7,972.39 Change Rate -0.002555% Assessed CR Tax Rate +0.204998%
Year 2019 Assessed Value $43,212 Land Value $9,250 Improvement Value $33,962 Tax Amount $7,992.81 Change Rate +0.017254% Assessed CR Tax Rate +0.184967%
Year 2018 Assessed Value $43,212 Land Value $9,250 Improvement Value $33,962 Tax Amount $7,857.24 Change Rate +0.132729% Assessed CR Tax Rate +0.18183%
Year 2017 Assessed Value $35,598 Land Value $8,140 Improvement Value $27,458 Tax Amount $6,936.56 Change Rate +0.046286% Assessed CR Tax Rate +0.194858%
Year 2016 Assessed Value $35,598 Land Value $8,140 Improvement Value $27,458 Tax Amount $6,629.7 Change Rate +0.038178% Assessed CR Tax Rate +0.186238%
Year 2015 Assessed Value $37,472 Land Value $8,140 Improvement Value $29,332 Tax Amount $6,385.9 Change Rate +0.05832% Assessed CR Tax Rate +0.170418%
Year 2014 Assessed Value $35,090 Land Value $7,400 Improvement Value $27,690 Tax Amount $6,034 Change Rate +0.022064% Assessed CR Tax Rate +0.171958%
Year 2013 Assessed Value $35,090 Land Value $7,400 Improvement Value $27,690 Tax Amount $5,903.74 Change Rate Assessed CR Tax Rate +0.168246%