$129,900
16139 Lorel Ave , Oak Forest, IL 60452
- 3
- beds
- 2
- baths
- 1,100
- sqft
- 1926
- year built
- Status:
- Contingent
- MLS #:
- 12800047
- County:
- Cook
- Listed By:
- Michael Tassone - DNV Solutions LLC
- Office Phone:
- (312) 446-8713
- Agent Email:
- miketas1@hotmail.com
Sponsoring Broker: Diane Glass, Berkshire Hathaway HomeServices Chicago
*** Multiple offers. Highest and best due by Saturday at 5:00 PM ***. Bring your vision! This Oak Forest home has been fully gutted and is ready for a complete rehab. Approx. 1,110sq ft, slab construction, on an extremely large lot of about 0.31 acre (13,400 sq ft). An architect's floor plan is available showing a 3-bedroom, 2-bath layout, so you can get started on design and permits sooner. Also on the property is an oversized two-car garage with a second story, with room for storage, a workshop or hobby space. The house needs everything, so this is a good fit for investors, rehabbers and buyers ready to put in sweat equity, with a lot of upside. Quiet residential street in Wyman Woods, near District 145 schools and Oak Forest High School (Dist. 228). Sold strictly as-is.
-
- Bedrooms
- 3
-
- Bathrooms
- 2
-
- Year Built
- 1926
-
- Construction Materials
- Frame, Aluminum Siding
-
- Garage Spaces
- 2.0
-
- Parking Features
- Garage, Detached
-
- Living Area
- 1100.0
-
- Cooling
- Central Air
-
- Heating
- Forced Air
-
- Basement
- None
-
- Water
- Public
-
- Area
- Oak Forest
-
- County
- Cook
-
- City
- Oak Forest
-
- Zip Code
- 60452
-
- High School
- Oak Forest High School
-
- Middle School
- Arbor Park Middle School
-
- Elementary School
- Scarlet Oak Elementary School
-
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Estimated Value
$216,480
Estimated Sales Price Range:
$168,854 - $264,105
Source: Constellation Data Labs
Price History
| 11/03/2026 | Listed | $129,900 |
| Source: Midwest Real Estate Data (MRED) #12800047 | ||
Source: MLS Data
Deed History
| 12/15/2025 | Warranty Deed | $57,500 |
| 08/04/2022 | Transfer on Death Deed | $0 |
| 08/04/2022 | Affidavit of Death | $0 |
| 04/09/2001 | Warranty Deed | $117,000 |
| 07/07/2000 | Warranty Deed | $110,000 |
| 07/07/2000 | Re-recorded Release | $0 |
| 07/07/2000 | Re-recorded Release | $0 |
| 10/19/1999 | Warranty Deed | $100,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 09/28/2012 | Conventional | $92,632 |
| 04/09/2001 | $111,150 | |
| 07/07/2000 | $88,000 |
Source: Public records via Constellation Data Labs
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There are currently 83 properties available in Oak Forest, with 35 under contract to close soon. Properties in the city have an average sale price of $322,069 and typically spend 90 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 16139 Lorel Ave?
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How do I get more information about 16139 Lorel Ave?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $129,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Oak Forest, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 16139 Lorel Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 16139 Lorel Ave at around $1,084. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 16139 Lorel Ave?
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Can I negotiate the asking price for 16139 Lorel Ave?
In most cases, yes. Whether 16139 Lorel Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Oak Forest's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 16139 Lorel Ave?
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You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $129,900 with 1,100 sqft of space—that comes out to approximately $118 per square foot.
How long has this property been on the market?
16139 Lorel Ave was listed on November 03, 2026, which means it's been on the market for 9 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1926, making it approximately 100 years old.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Scarlet Oak Elementary School
- Middle: Arbor Park Middle School
- High: Oak Forest High School
Want to see how these schools compare? Check out our Cook County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 16139 Lorel Ave?
The most recent public record shows annual property taxes for 16139 Lorel Ave were approximately $4,132. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 16139 Lorel Ave still available for sale?
This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.
Last Updated: November 12, 2026 at 05:37AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12800047
