318 N Lorel Avenue, Chicago, IL 60644

$650,000
  • 318 N Lorel Avenue, Chicago, IL 60644 Main Photo

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New to the Market Active
BEDS12 BATHS4 full MLS#12732359
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

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!

318 N Lorel Avenue | MLS# 12732359

This multi-family property located at 318 N Lorel Avenue, Chicago, IL 60644 is currently listed for sale with an asking price of $650,000. N Lorel Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Heating: Natural Gas
Lot Size: 0.14 Acres
Roof Type: Flat
Taxes: $8,673
Year Built: 1913

Feature Descriptions

Exterior: Brick
Lot Dimensions: 50X125
Parcel#: 16093030220000
Parking: Assigned, Unassigned, Yes, Owned
Sewer: Public Sewer
Total Rooms: 20
Township: West Chicago
Water: Lake Michigan, Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: xr realty
Agency Phone: 773-234-8155

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 3,864.84 per month $2,952.50 Principal & Interest $722.75 Property Tax $189.58 Homeowner's Insurance

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