Motsele.Property research, made useful
Property overview

551 N Laramie Ave

Chicago, IL 60644

Who owns 551 N Laramie Ave, what the county and city have on record, and a measured sell-signal score — every fact dated and sourced.

Owner of recordSaul OlivoMailing address: 551 N Laramie Ave, Chicago IL 60644Observed Sep 19, 2026 · Cook County Assessor parcel addresses (open data)
Parcel 16-09-216-003-0000 · Public research profile
Motivated Seller IndexDRAFT MODEL
61/100
About 1.5 in 100 homes with these signals sold within six months (1.6× the Chicago rate)100% of model checks have usable evidence

A measured sell-signal score from public records: 1 positive signal observed. It is a base rate for homes like this, not a statement about this owner. How it works ↓

2024 aerial photo of the parcel at 551 N Laramie Ave, Chicago, IL
Aerial 2024 with parcel boundary · Cook County GIS
Assessed value$10,133.00 assessed (land $4,990.00 · building $5,143.00); Cook assesses class 2 at 10%, implying about $101,000.00 market value
Tax statusNot in the Clerk delinquent file
Ownership tenureSince October 2016
Property typeSingle-Family, 2 story, frame (class 205)

THE INDEX

Why this MSI reads 61

Draft model

2 of 12 checked public signals observed, covering 100% of the model. The score is public; the signal-by-signal reasons, source documents, and owner details are in LienSuite.

Method and limits. MSI v0.2-chicago-2026-09 weights twelve public signals by how much each one changed the recorded six-month sale rate across all 566,000 Chicago homes, checked on a holdout the model never saw (the top 1% of homes by score sold at 4.8× the citywide rate): vacancy complaint +22, new-construction or demolition permit +17, renovation permit +16, unpermitted-work complaint +16, upkeep complaint +15, bought within the last two years +11, building-violation complaint +9, delinquent property tax +8, owner mails out of state +4, permit valued at $25,000 or more +4, owner mails to the property -5, owned for 20 years or more -10. The "in 100 homes" figure is the model's fitted probability for this combination of signals. It describes homes like this one in aggregate; it is not a claim about this owner's intentions, and it is not LienSuite's paid deal score.

THE RECORD

Property details

Dated sources
Property type
Single-Family, 2 story, frame (class 205)
Observed Sep 19, 2026 · Cook County Assessor (open data + PIN page)
Owner of record
Saul Olivo (mailing address 551 N Laramie Ave, Chicago IL 60644)
Observed Sep 19, 2026 · Cook County Assessor parcel addresses (open data)
Assessment year
2026
Observed Sep 19, 2026 · Cook County Assessor (open data + PIN page)
Assessed value
$10,133.00 assessed (land $4,990.00 · building $5,143.00); Cook assesses class 2 at 10%, implying about $101,000.00 market value
Observed Sep 19, 2026 · Cook County Assessor (open data + PIN page)
Living area
1,516 sq ft, full basement
Observed Sep 19, 2026 · Cook County Assessor (open data + PIN page)
Beds and baths
3 beds · 1 bath
Observed Sep 19, 2026 · Cook County Assessor (open data + PIN page)
Year built
1893 (condition rated Average)
Observed Sep 19, 2026 · Cook County Assessor (open data + PIN page)
Lot size
4,158 sq ft
Observed Sep 19, 2026 · Cook County Assessor (open data + PIN page)
Last recorded sale
$45,000.00 trustee deed, October 1, 2016
Observed Sep 19, 2026 · Cook County Assessor parcel sales (open data)
Building permits
Renovation/Alteration issued September 3, 2026: spr 2019 cbrc: interior restoration due to the damage caused by a fire in rear ceiling area of basement in existing 2-1/2 story, 2 unit, re
Observed Sep 19, 2026 · City of Chicago Building Permits (open data)

Parcel reference: 16-09-216-003-0000. Facts reflect the listed observation dates and may have changed since then.

OWNERSHIP AND TAXES

Research snapshot

Observed tax balanceNot in the Clerk delinquent file
Delinquency period—
Last recorded transferOctober 1, 2016
Transfer amount$45,000.00

Observed Sep 19, 2026 · Cook County Clerk delinquent file (balance) and Assessor parcel sales (transfer). A tax balance is not proof that a property is for sale.

CHANGES OVER TIME

Property timeline

  1. Permit: Renovation/Alteration

    SPR 2019 CBRC: INTERIOR RESTORATION DUE TO THE DAMAGE CAUSED BY A FIRE IN REAR CEILING AREA OF BASEMENT IN EXISTING 2-1/2 STORY, 2 UNIT, RE.

    City of Chicago Building Permits (open data) · checked Sep 19, 2026
  2. Recorded sale

    $45,000.00, trustee deed.

    Cook County Assessor parcel sales (open data) · checked Sep 19, 2026
  3. Recorded sale

    $16,000.00, other deed.

    Cook County Assessor parcel sales (open data) · checked Sep 19, 2026

NEARBY

More records nearby

Facts on this page reflect their observation dates. Confirm the parcel and current records with the county before acting.