NOT LISTED FOR SALE

21 N Lorel Ave Chicago, IL 60644

Austin Neighborhood
9 Beds
6 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold November 05, 2020

Last sale price $340,000

11 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Heating System Uses Steam
  • 2 Car Detached Garage
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of November 2020

Tremendous Brick 3 Flat! This Rarely Found Property, Features 3 Bedrooms & 2 Full Bathrooms on Each Floor! Front Door Entry Intercom Buzzer System. Large Rooms, Tall Ceilings, Glass Block Windows, Fenced Yard, Two Car Brick Garage. Possible Future 4th Unit Within the Basement. Long Term Tenants. Super Investment Opportunity with Positive Cash Flow. Also, Live in One Unit and Rent out Two Units. This Nicely Kept Property is to be Sold in "AS IS" Condition.

Last Agent to Sell the Property

Milton Clark

Berkshire Hathaway HomeServices Starck Real Estate License #471012678 Listed on: 08/04/2020

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Henry Jaramillo

eXp Realty License #475142328

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $685

Year Built

  • Built in 1929

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms
  • Separate Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Ceiling Fan
  • Porch

Community Details

  • 3 Units
  • Austin Village Subdivision, 3 Flat Floorplan

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$685

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Austin Village
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Disposal,Garage/Space
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 684.66
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Range of Values:

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

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $340,000 +6.3% --
08/15/2020 08/15/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $320,000 -- --
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
2025 $4,642 $29,000 $4,536 $24,464
2024 $4,642 $29,000 $4,536 $24,464
2023 $4,525 $22,000 $3,591 $18,409
2022 $4,525 $22,000 $3,591 $18,409
2021 $4,424 $22,000 $3,591 $18,409
2020 $687 $18,160 $3,213 $14,947
2019 $685 $20,637 $3,213 $17,424
2018 $674 $20,637 $3,213 $17,424
2017 $2,280 $16,668 $2,835 $13,833
2016 $1,139 $16,668 $2,835 $13,833
2015 $1,094 $16,668 $2,835 $13,833
2014 $1,085 $17,930 $2,646 $15,284
2013 $1,089 $17,930 $2,646 $15,284
Source: Public Records

Agents Affiliated with this Home

  • Milton Clark

    Seller's Agent in 2020

    Milton Clark

    Berkshire Hathaway HomeServices Starck Real Estate

    (630) 363-9770

    4 in this area

    9 Total Sales

    Milton Clark
    Section Image
  • Henry Jaramillo

    Buyer's Agent in 2020

    Henry Jaramillo

    eXp Realty

    (773) 418-3110

    2 in this area

    12 Total Sales

    Henry Jaramillo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10806349

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60644 Austin

21 N Lorel Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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