318 N Lorel Ave

Chicago, IL 60644
  • $650,000

    Price
  • 12

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing 88217 - 166809

WOW Solid red brick 4-unit building offering incredible opportunity for both investors or owner occupant. Each unit features 3bed/1bath with hardwood floors throughout, providing spacious desirable layouts. All units are currently vacant, making this a perfect value-add opportunity to set your own rents and customize for personal use. Ideal for a live-in owner looking to generate income while occupying one unit, or for an investor seeking strong rental potential. Property being sold "as is", offering the chance to update and maximize returns. Conveniently located near train transportation, restaurants, and everyday amenities, making it attractive for future tenants. Don't miss the versatile income-producing opportunity. Newer back staircase and Exterior parking spaces for 6 cars at rear of building. Your attention will make this one your best investment yet!

Listing Highlights

Status Active
Days on Site 16
Property Type Multi-Family
MLS ® 12732359
Year Built 1913
Total Square Footage 0
Lot/Acreage 50X125
County Cook
School District 299

Interior Details

  • Bedrooms: 12
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Lake Michigan,Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Roof: Flat
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Assigned,Unassigned,Yes,Owned

Financial Details

  • Tax Amount: $8,673
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16093030220000
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

318 N Lorel Ave Chicago, IL 60644

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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