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1646 Lorel Ave

Chicago, IL 60639

5 bd 3 ba 3,050 sqft Built 1922 Lot 3,485 sqft multi_family
Most recent sale
$287,500
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $287,500 MLS #11113421
Mar 31, 2022 Relisted $299,000 MLS #11113421
Mar 8, 2022 Listing removed $290,000 MRED
Apr 13, 1988 Sold $90,000 Public Record
Mar 13, 1984 Sold $60,000 Public Record
Feb 1, 1984 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $16,375 $5,628 $22,003 $4,642
2022 $16,375 $5,628 $22,003 $3,822
2021 $16,375 $5,628 $22,003 $3,754
2020 $13,108 $4,125 $17,233 $3,147
2019 $18,345 $4,125 $22,470 $3,826
2018 $18,345 $4,125 $22,470 $3,760
2017 $21,627 $3,750 $25,377 $4,736
2016 $21,627 $3,750 $25,377 $4,583
2015 $21,627 $3,750 $25,377 $4,170
2014 $19,674 $3,375 $23,049 $3,800
2013 $19,674 $3,375 $23,049 $3,714
2012 $21,049 $3,375 $24,424 $3,615
2011 $18,444 $4,500 $22,944 $3,196
2010 $18,444 $4,500 $22,944 $2,700
2009 $20,846 $4,500 $25,346 $2,368
2008 $20,091 $5,549 $25,640 $2,715
2007 $25,226 $5,549 $30,775 $3,072
2006 $25,226 $5,549 $30,775 $2,297

Property facts

Year built
1922
Property type
multi_family
Stories
Beds
5
Baths
3
Living area
3,050 sqft
Lot size
3,485 sqft
ZIP code
60639
City
Chicago
Street
Lorel Ave
Coordinates
41.91091, -87.75973

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,725
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1646 Lorel Ave last sell?
1646 Lorel Ave most recently sold on May 2, 2022 for $287,500.
What is the current tax assessment for 1646 Lorel Ave?
The most recent total assessment for 1646 Lorel Ave (year 2023) is $22,003 with $4,642 in property tax.
How does 1646 Lorel Ave's assessment compare to its last sale price?
The current assessment is 92.3% below the last sale price of $287,500.
When was 1646 Lorel Ave built?
1646 Lorel Ave was built in 1922.
How does 1646 Lorel Ave compare to others on Lorel Ave?
We track 8 other properties on Lorel Ave. Browse the list under "Other properties on Lorel Ave" to compare beds, baths, and sale history.
What are the property facts for 1646 Lorel Ave?
1646 Lorel Ave is a 5 bed, 3 bath, 3,050 sqft, 3,485 sqft lot multi_family.
Is 1646 Lorel Ave a flip candidate?
No — 1646 Lorel Ave does not appear in our flips dataset.
Is 1646 Lorel Ave a tax-appeal candidate?
No — 1646 Lorel Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$472.8K
2026 Q4
$483.9K
ZIP 60639 — Median Price History + Forecast

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