NOT LISTED FOR SALE

856 N Lorel Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $287,000 - $384,000

4 Beds
3 Baths
1,840 Sq Ft
$184/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $249,500 $136 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,062/month

8 Days on Market

Highlights

  • Open Floorplan
  • Granite Countertops
  • Property is near a bus stop
  • Wood Flooring
  • Walk-In Pantry
  • Ceiling height of 9 feet or more

About This Home

As of April 2021

2 story single family home has hardwood floors on first floor, carpet on second floor. 4 bedrooms on second level, corner lot, huge backyard. Completely updated. Basement and attic foam insulated.

Last Agent to Sell the Property

Leo Macias

Chicagoland Brokers, Inc. License #475138153 Listed on: 01/28/2021

Chicagoland Brokers, Inc.

Last Buyer's Agent

Gustavo Vargas

RE/MAX Partners License #475133669

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,165

Year Built | Renovated

  • 1909 | 2020

Lot Details

  • 4,356

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Granite Countertops

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,165

Year Built | Renovated

1909 | 2020

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1909
  • Tax Exemptions: Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1909
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Hardwood Floors, 9' Ceilings, Open Floorplan, Granite Counters, Some Storm Doors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Refrigerator
  • Attic: Full, Interior Stair
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 5X8, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Walk-in
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 9X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 9X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 9X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1840
  • Dining Room Type: Kitchen/Dining Combo

Exterior Features

  • Foundation: Block
  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.103

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 4488
  • Parcel Identification Number: 16043280150000

Tax Info

  • Taxes: 2227.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 9, 2021
Sold by
Mt & Jd Ltd
Bought by
Escobar Mauro Ismael Chilel and Ortiz Edeline
Seller's Agent
Leo Macias
Chicagoland Brokers, Inc.
Buyer's Agent
Gustavo Vargas
RE/MAX Partners
List Price
$249,500
Sold Price
$249,500
Current Estimated Value
$337,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,384
Avg. Annual Appreciation
6.97%
Original Mortgage
$244,980
Outstanding Balance
$221,611
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$116,273

Purchase Details

Closed on
Oct 22, 2020
Sold by
Nelson Gloria
Bought by
Mt & Jd Ltd

Purchase Details

Closed on
Dec 11, 1998
Sold by
Gloria Nelson and Gloria Vernard Pamela
Bought by
Nelson Gloria

Purchase Details

Closed on
Jan 17, 1994
Sold by
Pioneer Bank & Trust Company
Bought by
Nelson Gloria J and Nelson Vernardo Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,550
Interest Rate
7.31%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Escobar Mauro Ismael Chilel $249,500 Heritage Title Company
Mt & Jd Ltd $81,500 Citywide Title Corporation
Nelson Gloria -- --
Nelson Gloria J $58,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Mauro Ismael Chilel $244,980
Previous Owner Nelson Gloria J $88,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $249,500 0.0% $136 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $249,500 -- $136 / 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 $3,165 $19,700 $5,386 $14,314
2023 $3,085 $15,000 $4,264 $10,736
2022 $3,085 $15,000 $4,264 $10,736
2021 $3,016 $14,999 $4,263 $10,736
2020 $2,216 $15,532 $3,814 $11,718
2019 $2,227 $17,258 $3,814 $13,444
2018 $1,409 $17,258 $3,814 $13,444
2017 $1,509 $13,830 $3,366 $10,464
2016 $2,270 $13,830 $3,366 $10,464
2015 $2,054 $13,830 $3,366 $10,464
2014 $1,972 $13,198 $3,141 $10,057
2013 $1,922 $13,198 $3,141 $10,057
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Leo Macias

    Chicagoland Brokers, Inc.

    (773) 227-1200

    6 in this area

    26 Total Sales

    Leo Macias
    Section Image
  • Gustavo Vargas

    Buyer's Agent in 2021

    Gustavo Vargas

    RE/MAX

    (708) 765-9377

    1 in this area

    85 Total Sales

    Gustavo Vargas
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10982079

Midwest Real Estate Data (MRED)

APN: 16-04-328-015-0000

Illinois Cook County Chicago 60651 Austin

856 N Lorel Ave, Chicago, IL

This home is located at 856 N Lorel Ave, Chicago, IL 60651 since 28 January 2021 and is currently estimated at $337,884, approximately $183 per square foot. This property was built in 1909. 856 N Lorel Ave is a home located in Cook County with nearby schools including Howe School of Excellence, Orr Academy High School, and Moving Everest Charter School.

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