NOT LISTED FOR SALE

242 N Lorel Ave Chicago, IL 60644

Austin Neighborhood

Estimated Value: $181,000 - $285,054

3 Beds
3 Baths
792 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: September 17, 2020

Last sale price $145,000 $183 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,417 / mo

55 Days on Market

Highlights

  • Main Floor Bedroom
  • Detached Garage
  • Heating System Uses Gas
  • Corner Lot
  • Property is near bus stop

About This Home

As of September 2020

Here is your chance to own a raised single family home on an oversized (47x135) iron fenced corner lot, nicely landscaped with a large two car detached garage! Image the possibilities of this 3 bed 2.5 bath home which has been well kept! Updates include new windows (6/2019, exception for front bay and rear two) and new rear storm and door, forced air with new furnace (6/2019) and recently spray insulated around entire property. Located in the Austin neighborhood, minutes walk to Laramie Green Line stop and minutes drive to I-290 taking you downtown in no time! Surrounded by parks (Levin Park, Park 416 and Austin Town Hall Park) and nearby schools include Austin Bus & Entrepreneurship High School, Austin Polytechnical Academy High School and Voise Academy High School.

Last Agent to Sell the Property

Alex Susma

Fulton Grace Realty License #475173175 Listed on: 04/26/2020

Fulton Grace Realty

Last Buyer's Agent

Sheila Means

Berkshire Hathaway HomeServices Chicago License #475173896

Berkshire Hathaway HomeServices Chicago

Range of Values:

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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 Details

Home Type

  • Single Family

Year Built

  • 1890

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Corner Lot
  • Property is near bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Year Built

1890

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Tax Records, please confirm all room sizes
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1890
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Interior Property Features: 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X25, On Level: Main Level, Flooring: Carpet
  • Equipment: Sump Pump
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X23, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 8X18, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 792
  • Family Room: Dimensions: 13X11, On Level: Main Level

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.149

Garage/Parking

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

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Heating Fuel: Gas, Electric

Condo/Co-op/Association

  • Assessed Sq Ft: 792

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 47X135
  • Lot Description: Corner
  • Parcel Identification Number: 16093100170000

Tax Info

  • Taxes: 1612.01

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

Listed on
Apr 26, 2020
Closed on
Sep 14, 2020
Sold by
Bought by
Seller's Agent
Alex Susma
Fulton Grace Realty
Buyer's Agent
Sheila Means
Berkshire Hathaway HomeServices Chicago
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Current Estimated Value
$232,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,514
Avg. Annual Appreciation
8.36%
Original Mortgage
$142,373
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2000
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
$92,140
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1999
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
$220,000
Interest Rate
7.15%

Purchase Details

Closed on
Dec 27, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 1993
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Austin, IL

  • Edgar R. Guerrero Real Estate Agent - REMAX Legends

    Edgar R. Guerrero

    REMAX Legends

    (855) 951-5250

    130 Total Sales

    8 in Austin

    $155K - $1.1M Price Range

    Edgar R. Guerrero
     Section Image
  • Igor Shevchenko Real Estate Agent - Real People Realty

    Igor Shevchenko

    Real People Realty

    (224) 479-1207

    20 Total Sales

    1 in Austin

    $155,000 Price

    Igor Shevchenko
     Section Image
  • Jose Hernandez Real Estate Agent - Keller Williams Experience

    Jose Hernandez

    Keller Williams Experience

    (224) 505-2360

    41 Total Sales

    2 in Austin

    $335K - $360K Price Range

    Jose Hernandez
     Section Image
  • Gary Grossman Real Estate Agent - Coldwell Banker Realty

    Gary Grossman

    Coldwell Banker Realty

    (224) 628-7003

    153 Total Sales

    1 in Austin

    $317,000 Price

    Gary Grossman
     Section Image
  • Liliana Carpio Real Estate Agent - Century 21 Universal

    Liliana Carpio

    Century 21 Universal

    (844) 277-9891

    20 Total Sales

    4 in Austin

    $265K - $500K Price Range

    Liliana Carpio
     Section Image
  • Jason Rosenberg Real Estate Agent - Infiniti Properties, Inc.

    Jason Rosenberg

    Infiniti Properties, Inc.

    (833) 324-4132

    175 Total Sales

    1 in Austin

    $240,000 Price

    Jason Rosenberg
     Section Image
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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
$145,000 Chicago Title
$93,000 --
$36,000 --
-- Nations Title Agency
$48,333 --
$8,333 --
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 $176,000
Closed $160,000
Closed $142,373
Previous Owner $92,140
Previous Owner $220,000
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
09/17/2020 09/17/20 Sold $145,000 -6.5% $183 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $155,000 -- $196 / Sq Ft
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 $1,638 $13,000 $7,000 $6,000
2024 $1,638 $13,000 $7,000 $6,000
2023 $2,279 $11,075 $5,075 $6,000
2022 $2,279 $11,075 $5,075 $6,000
2021 $2,228 $11,078 $5,078 $6,000
2020 $1,634 $10,436 $5,498 $4,938
2019 $1,641 $11,596 $5,498 $6,098
2018 $1,612 $11,596 $5,498 $6,098
2017 $1,233 $9,103 $4,851 $4,252
2016 $1,323 $9,103 $4,851 $4,252
2015 $1,187 $9,103 $4,851 $4,252
2014 $1,223 $9,161 $4,528 $4,633
2013 $1,188 $9,161 $4,528 $4,633
Source: Public Records

Agents Affiliated with this Home

  • Alex Susma Real Estate Agent - Fulton Grace

    Seller's Agent in 2020

    Alex Susma

    Fulton Grace

    (815) 404-3079

    149 Total Sales

    Alex Susma
    Section Image
  • Sheila Means Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Buyer's Agent in 2020

    Sheila Means

    Berkshire Hathaway HomeServices Chicago

    (773) 981-5947

    10 Total Sales

    Sheila Means
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10698559

Midwest Real Estate Data (MRED)

APN: 16-09-310-017-0000

Illinois Cook County Chicago 60644 Austin

242 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

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