NOT LISTED FOR SALE

16129 Lorel Ave Oak Forest, IL 60452

Estimated Value: $264,000 - $294,989

3 Beds
2 Baths
1,528 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 11, 2025

Last sale price $262,000 $171 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,645/month

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • Ceramic Tile Flooring
  • Oak Forest High School Rated A-
  • Laundry Room
  • 3-minute walk to Friendly Oaks Park

About This Home

As of March 2025

Come see this beautiful brick split level home in the desirable city of Oak Forest, IL! This tri-level home has 3 BD 2BA, spacious family room and laundry room and is move-in ready. Be sure to review the floorplans included. Located near the park, schools and plenty of shops. The property is being sold "AS IS" Condition.

Last Agent to Sell the Property

Sonia Perez

Harthside Realtors, Inc. License #471006233 Listed on: 02/17/2025

Last Buyer's Agent

Waseem Ahmad

Loop Realty Firm License #475176363

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,098

Lot Details

  • Lot Dimensions are 50x132

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Split Level Home
  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Sump Pump

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,098

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2098.49
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Mar 6, 2025
Sold by
Holmes Maureen
Bought by
16129 Lorel Llc
Seller's Agent
Sonia Perez
Harthside Realtors, Inc.
Buyer's Agent
Waseem Ahmad
Loop Realty Firm
List Price
$270,000
Sold Price
$262,000
Premium/Discount to List
-$8,000
-2.96%
Views
52
Current Estimated Value
$279,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,747
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
May 19, 1995
Sold by
Canning Sylvia M
Bought by
Holmes James P and Holmes Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
8.42%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Cartalino Joseph F and Cartalino Sheri L
Bought by
Canning Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
6.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
16129 Lorel Llc $262,000 None Listed On Document
Holmes James P $143,000 --
Canning Sylvia M $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes James P $107,000
Previous Owner Canning Sylvia M $86,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2025 03/11/25 Sold $262,000 -3.0% $171 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $270,000 -- $177 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $2,098 $24,000 $2,970 $21,030
2023 $2,789 $24,000 $2,970 $21,030
2022 $2,789 $18,340 $2,640 $15,700
2021 $2,648 $18,340 $2,640 $15,700
2020 $2,378 $18,340 $2,640 $15,700
2019 $2,693 $20,766 $2,475 $18,291
2018 $2,639 $20,766 $2,475 $18,291
2017 $2,580 $20,766 $2,475 $18,291
2016 $3,805 $18,173 $2,310 $15,863
2015 $3,883 $18,173 $2,310 $15,863
2014 $3,707 $18,173 $2,310 $15,863
2013 $3,381 $19,937 $2,310 $17,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12292084

Midwest Real Estate Data (MRED)

APN: 28-21-110-018-0000