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807 North Lorel Avenue

807 North Lorel Avenue, Chicago, IL 60651
Sold Dec 09, 2021
$90,000
Sold Jun 12, 2019
$60,000
$164,925 by Lima One Capital Llc
Mortgage
807 North Lorel Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 807 North Lorel Avenue has 1,776 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,360 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Nov 18, 2021 for $90,000. That's $50.68 per sqft. Prior to that sales transaction, the property was also sold in May 29, 2019 for $60,000. 807 North Lorel Avenue was last assessed in 2023. The total value of the property was assessed at $14,051. Specifically, the land the property is located on was valued at $4,301. While improvements on the property were assessed at a total of $9,750. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,889. The initial tax year of delinquency was in 2021. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,360
  • Total Building Area: 1,776
  • Gross Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESUBDIVISION OF LTS 10-12 IN BLK 3 &
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF LTS 10-12 IN BLK 3 & LTS 13-15 IN BLK 4 IN SUB OF WH SE SW & PT OF SW SW LYING E OF W 1290.2FT OF SEC 04-3

Ownership

  • Current Owner : GORDON TRACY
  • Current Owner 2: GORDON MELVIN
  • Previous Owner : OMARR G EVENTS LLC
  • Owner Before Previous Owner: BRANCH RENEE H
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 251200

Zoning

  • Zoning: B3-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-04-329-028-0000
  • Block: 3,4
  • Lot: 10-15
  • Meridian: SEC 04 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8952
  • Longitude: -87.7591

    Address

  • Full Address: 807 N Lorel Ave
  • Address - House Number: 807
  • Street Direction: N
  • Address - Street Name: Lorel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C035
  • 4-Digit Zip Code: 2839
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,889
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77074

    Appraisal Valuation

  • Standard Deviation: 0.267
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 210,838
  • High Value: 267,151
  • Low Value: 154,526

    Market Valuation

  • Market Total Value: $140,510
  • Market Land Value: $43,010
  • Market Improvement Value: $97,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,051
  • Assessed Land Value: $4,301
  • Assessed Improvements Value: $9,750

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11873567793
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2134355248
  • Previous Sale Recording Date: Jun 12, 2019
  • Previous Sale Contract Date: May 29, 2019
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LIMA ONE CAPITAL LLC
  • Previous Mortgage Transaction Date: Jun 12, 2019
  • Previous Mortgage Loan Amount: $164,925
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 807 North Lorel Avenue located in?
The 807 North Lorel Avenue is a house located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 807 North Lorel Avenue?
The average sales price for units in 807 North Lorel Avenue is $0 currently.

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