Brenda Martinez
RE/MAX LOYALTY
(833) 716-6041
98 Total Sales
15 in Austin
$160K - $600K Price Range
642 N Lorel Ave Chicago, IL 60644
Austin Neighborhood
7
Beds
2
Baths
2,692
Sq Ft
1895
Built
About This Home
As of August 2023Located in the heart of the Austin community this jumbo multi unit building offers a great layout with tons of upside for a buyer with vision. The building has two very large units with 4 bedrooms on the second floor and three bedrooms on the first floor unit, the property has a full basement and is situated on a very wide lot. The larger room count makes for great cash flow potential, live in one unit and rent the other out, this is a win win situation. The building is centrally located close to I-190, close to Austin Blvd and much more, not often do we see larger multi units such as this with value add potential come to the market and this one is no exception! Get inside today to see all this building has to offer
Last Agent to Sell the Property
Smith Partners & Associates License #475150650 Listed on: 04/28/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,548
Year Built
- Built in 1895
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Partial Basement
Utilities
- Forced Air Heating System
- Lake Michigan Water
Community Details
- 2 Units
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 28, 2023
Closed on
Jun 27, 2023
Sold by
Reverse Mortgage Solutions Inc
Bought by
Seller's Agent
Ryan Smith
Smith Partners & Associates
Buyer's Agent
Thomas Sasco
Sasco Realty Group
List Price
$148,000
Sold Price
$175,000
Premium/Discount to List
$27,000
18.24%
Views
471
Purchase Details
Closed on
Mar 17, 2023
Sold by
Judicial Sales Corporation
Bought by
Reverse Mortgage Solutions Inc
Purchase Details
Closed on
Jan 4, 2019
Sold by
Weathers Carrie
Bought by
Weathers Carrie
Purchase Details
Closed on
Dec 14, 2011
Sold by
Weathers Ida L and Weathers Carrie
Bought by
Weathers Ida L
Purchase Details
Closed on
Apr 24, 1998
Sold by
Weathers Marvin
Bought by
Weathers Ida L and Weathers Carrie
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Austin, IL
-
Brenda Martinez
-
Ramara Vassel
Ramara Vassel
Responds QuicklyEXIT Strategy Realty
(833) 322-5943
31 Total Sales
1 in Austin
$290,000 Price
-
Michele Parisotto
Michele Parisotto
Jameson Sotheby's Intl Realty
(773) 985-7670
22 Total Sales
1 in Austin
$290,000 Price
-
Araceli Montalvo
Araceli Montalvo
Extreme Realty LLC
(312) 818-3983
40 Total Sales
2 in Austin
$378K - $390K Price Range
-
Isamar Gomez
Isamar Gomez
Smart Home Realty
(888) 366-3032
58 Total Sales
1 in Austin
$220,000 Price
-
Keynu Chambers-McLoyd
Keynu Chambers-McLoyd
Coldwell Banker Realty
(872) 259-4764
50 Total Sales
1 in Austin
$350,000 Price
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 |
|---|---|---|---|
| $175,000 | None Listed On Document | ||
| Reverse Mortgage Solutions Inc | -- | None Listed On Document | |
| Weathers Carrie | -- | Attorney | |
| Weathers Ida L | -- | None Available | |
| Weathers Ida L | -- | -- |
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 |
|---|---|---|---|---|
| 08/04/2023 08/04/23 | Sold | $175,000 | +18.2% | $65 / Sq Ft |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 05/12/2023 05/12/23 | For Sale | $148,000 | 0.0% | $55 / Sq Ft |
| 05/12/2023 05/12/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | For Sale | $148,000 | -15.4% | $55 / Sq Ft |
| 05/01/2023 05/01/23 | Off Market | $175,000 | -- | -- |
| 04/28/2023 04/28/23 | For Sale | $148,000 | -- | $55 / 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 | $2,676 | $25,000 | $6,030 | $18,970 |
| 2024 | $2,676 | $25,000 | $6,030 | $18,970 |
| 2023 | $2,587 | $16,000 | $4,774 | $11,226 |
| 2022 | $2,587 | $16,000 | $4,774 | $11,226 |
| 2021 | $2,548 | $15,999 | $4,773 | $11,226 |
| 2020 | $2,664 | $15,063 | $4,271 | $10,792 |
| 2019 | $2,750 | $17,117 | $4,271 | $12,846 |
| 2018 | $2,703 | $17,117 | $4,271 | $12,846 |
| 2017 | $2,632 | $15,602 | $3,768 | $11,834 |
| 2016 | $3,125 | $15,602 | $3,768 | $11,834 |
| 2015 | $616 | $15,602 | $3,768 | $11,834 |
| 2014 | $611 | $16,948 | $3,517 | $13,431 |
| 2013 | $613 | $16,948 | $3,517 | $13,431 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Smith
Seller's Agent in 2023
Ryan Smith
Smith Partners & Associates
(312) 810-9680
16 in this area
767 Total Sales
-
Thomas Sasco
Buyer's Agent in 2023
Thomas Sasco
Sasco Realty Group
(312) 804-9308
8 in this area
62 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11770262
APN: 16091100250000
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.
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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