NOT LISTED FOR SALE

48 N Lorel Ave Chicago, IL 60644

Austin Neighborhood

Estimated Value: $256,824 - $446,000

4 Beds
2 Baths
2,100 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2013

Last sale price $42,000 $20 Per Sq Ft

Est. 715% increase in value since last sale

Current estimated payment $2,055 / mo

56 Days on Market

About This Home

As of April 2013

Great property for the aggressive investor. Extra rooms can easily be converted into bedrooms. Very bright and should be rented easily once prepared for tenants. Hardwood floors on ml, newer facia, gutters, downspouts & roof. Other updated finishes. Corporate Owned; NOT a short sale, REO or bank owned prop. Owner purchased prop as part of portfolio and this is not located in the the Owner's target geographical area.

Last Agent to Sell the Property

gershon draiman

Pearson Realty Group License #471019899 Listed on: 02/11/2013

Last Buyer's Agent

Charles Nicholson

Nicholson Real Estate Services License #471006150

Property Details

Home Type

  • Other

Year Built

  • 1901

Lot Details

  • 5,184

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Lake Michigan Water

Property Details

Home Type

Other

Year Built

1901

Lot Details

5,184 Sq Ft Lot

Interior Features

  • Total # Of Rooms: 8
  • Basement: Full
  • Basement: Partially Finished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 13X12
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 11X10
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 13X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 11X10
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 27X12
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 16X12
  • Dining Room Flooring: Hardwood
  • Family Room Level: Lower
  • Family Room Size: 23X21
  • Family Room Flooring: Carpet
  • Kitchen Level: Main Level
  • Kitchen Size: 11X10
  • Kitchen Flooring: Ceramic/Porcelain Tile

Exterior Features

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: None
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 40X125

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
Jan 20, 2017
Sold by
Bought by
Current Estimated Value
$342,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,837
Interest Rate
0.0416%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2015
Sold by
Bought by

Purchase Details

Listed on
Feb 11, 2013
Closed on
Apr 30, 2013
Sold by
Bought by
Seller's Agent
gershon draiman
Pearson Realty Group
Buyer's Agent
Charles Nicholson
Nicholson Real Estate Services
List Price
$44,900
Sold Price
$42,000
Premium/Discount to List
-$2,900
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2008
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
$185,700
Interest Rate
0.0675%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 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
$86,700
Interest Rate
0.1075%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 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
$51,000
Interest Rate
0.111%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- Attorney
-- None Available
$45,000 Chicago Title Insurance Comp
$861,000 Chicago Title Insurance Comp
-- Chicago Title Land Trust Co
$129,000 Cti
-- --
-- --
$60,000 --
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 $1,381
Open $106,837
Previous Owner $185,700
Closed $86,700
Previous Owner $51,000
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
04/30/2013 04/30/13 Sold $42,000 +2.7% $20 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
02/18/2013 02/18/13 Price Changed $40,900 -8.9% $19 / Sq Ft
02/11/2013 02/11/13 For Sale $44,900 -- $21 / 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 $2,110 $24,000 $6,216 $17,784
2024 $2,110 $24,000 $6,216 $17,784
2023 $2,057 $10,000 $4,921 $5,079
2022 $2,057 $10,000 $4,921 $5,079
2021 $2,011 $10,000 $4,921 $5,079
2020 $4,026 $18,074 $4,403 $13,671
2019 $4,035 $20,083 $4,403 $15,680
2018 $3,967 $20,083 $4,403 $15,680
2017 $3,085 $14,332 $3,885 $10,447
2016 $2,871 $14,332 $3,885 $10,447
2015 $2,626 $14,332 $3,885 $10,447
2014 $2,379 $12,820 $3,626 $9,194
2013 $2,544 $13,986 $3,626 $10,360
Source: Public Records

Agents Affiliated with this Home

  • gershon draiman

    Seller's Agent in 2013

    gershon draiman

    Pearson Realty Group

    (773) 576-4455

    3 in this area

    82 Total Sales

    gershon draiman
    Section Image

  • C

    Buyer's Agent in 2013

    Charles Nicholson

    Nicholson Real Estate Services

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08268806

Midwest Real Estate Data (MRED)

APN: 16-09-321-018-0000

Illinois Cook County Chicago 60644 Austin

48 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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