NOT LISTED FOR SALE

1516 N Lorel Ave Chicago, IL 60651

Austin Neighborhood
6 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: September 24, 2013

Last sale price $130,000

4 Days on Market

Highlights

  • Sun or Florida Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Fenced Yard
  • Enclosed Patio or Porch

About This Home

As of September 2013

LG BRICK 3-FLAT POSSIBLE TO CONVERT EACH FLR INTO 3 BDRMS. UPDATED KITCH & BATH RMS.SEPARATE UTILITIES. ENCLOSED PORCH,HRD FLRS,9' CEILINGS, NEWER CIRCUIT BREAKERS. SOLD "AS IS". BUYER PAYS FOR SURVEY. CAN CLOSE ANYTIME. PROPERTY TAXES R UNDER PROTEST - 1ST & 3RD FLR UNITS ARE VACANT - CAN BE SEEN ANYTIME. EASY TO SHOW.

Last Agent to Sell the Property

Don Yosef

@properties Christie's International Real Estate License #475123268 Listed on: 06/11/2013

@properties Christie's International Real Estate

Last Buyer's Agent

Martin Rojas

EHomes Realty, Ltd License #475142370

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,741

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Tar and Gravel Roof

Interior Spaces

  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 3 Units
  • Legal 3 Flat

Building Details

  • Gross Income $12,600
  • Net Operating Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,741

Lot Details

4,356 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: TV-Cable
  • Room Type: Enclosed Porch, Sun Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Block
  • Lot Features: Fenced Yard
  • Roof: Tar and Gravel, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Electric, Forced Air, Indv Controls
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 3000

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 4266 SQ FT
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Multi Family

  • Net Operating Income: 9600
  • GrossIncome: 12600
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,3 Story Unit/s

Tax Info

  • Tax Annual Amount: 2741
  • Tax Year: 2011
  • Tax Exemptions: None

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 20, 2023
Sold by
Bought by

Purchase Details

Listed on
Jun 11, 2013
Closed on
Sep 20, 2013
Sold by
Bought by
Seller's Agent
Don Yosef
@properties Christie's International Real Estate
Buyer's Agent
Martin Rojas
EHomes Realty, Ltd
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
0.0417%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 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
$231,000
Interest Rate
0.0648%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 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
$213,500
Interest Rate
0.0687%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2004
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
$175,000
Interest Rate
0.0642%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2001
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
$165,600
Interest Rate
0.0718%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 1999
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 1996
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- None Listed On Document
$130,000 Cti
$82,500 Premier Title
-- Premier Title
-- None Available
$330,000 Rtc
$305,000 Multiple
-- --
$184,000 --
$95,000 --
-- --
-- Nations Title Agy Illinois I
-- --
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
Closed $97,500
Closed $231,000
Closed $213,500
Closed $175,000
Closed $165,600
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
09/24/2013 09/24/13 Sold $130,000 +0.1% --
06/15/2013 06/15/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $129,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,364 $30,001 $5,333 $24,668
2024 $4,364 $30,001 $5,333 $24,668
2023 $4,233 $24,000 $4,266 $19,734
2022 $4,233 $24,000 $4,266 $19,734
2021 $4,156 $24,000 $4,266 $19,734
2020 $3,796 $20,143 $4,159 $15,984
2019 $3,910 $22,890 $4,159 $18,731
2018 $3,843 $22,890 $4,159 $18,731
2017 $4,608 $24,780 $3,626 $21,154
2016 $4,463 $24,780 $3,626 $21,154
2015 $4,060 $24,780 $3,626 $21,154
2014 $3,288 $17,724 $3,412 $14,312
2013 $2,745 $17,724 $3,412 $14,312
Source: Public Records

Agents Affiliated with this Home

  • Don Yosef

    Seller's Agent in 2013

    Don Yosef

    @ Properties

    (847) 361-7770

    31 Total Sales

    Don Yosef
    Section Image

  • M

    Buyer's Agent in 2013

    Martin Rojas

    EHomes Realty, Ltd

    6 in this area

    19 Total Sales

    Martin Rojas
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08365918

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60651 Austin

1516 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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.