NOT LISTED FOR SALE

1040 N Lorel Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $203,000 - $260,412

3 Beds
2 Baths
1,192 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 1040 N Lorel Ave, Chicago, IL 60651 and is currently estimated at $230,103, approximately $193 per square foot. 1040 N Lorel Ave is a home located in Cook County with nearby schools including Hay Elementary Community Academy, Orr Academy High School, and St Angela Elementary School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2005
Sold by
Bought by
Current Estimated Value
$230,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$78,081
Interest Rate
7.1%
Mortgage Type
Unknown
Estimated Equity
$152,022

Purchase Details

Closed on
Jan 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$78,081
Interest Rate
7.1%
Mortgage Type
Unknown
Estimated Equity
$152,022

Purchase Details

Closed on
Sep 20, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,959
Interest Rate
8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$160,000 Multiple
$94,000 Multiple
$135,000 Law Title
-- --
$55,000 Plm Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $144,000
Closed $79,900
Previous Owner $54,959
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,309 $16,000 $5,599 $10,401
2024 $3,309 $16,000 $5,599 $10,401
2023 $3,204 $19,000 $4,433 $14,567
2022 $3,204 $19,000 $4,433 $14,567
2021 $3,151 $18,999 $4,432 $14,567
2020 $2,797 $15,660 $3,966 $11,694
2019 $2,807 $17,401 $3,966 $13,435
2018 $2,759 $17,401 $3,966 $13,435
2017 $2,064 $12,963 $3,499 $9,464
2016 $2,096 $12,963 $3,499 $9,464
2015 $1,895 $12,963 $3,499 $9,464
2014 $1,878 $12,693 $3,266 $9,427
2013 $1,830 $12,693 $3,266 $9,427
Source: Public Records

Map

Illinois Cook County Chicago 60651 Austin

1040 N Lorel Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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