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$ 405,000
Est. payment /mo
Sold on 04/21/2026
2211 N Lorel AVE Chicago, IL 60639
4 Beds
2 Baths
UPDATED:
Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12619966
Bedrooms 4
Annual Tax Amount $6,029
Tax Year 2024
Property Sub-Type Two to Four Units
Property Description
Strong cash-flow opportunity in the rapidly appreciating Belmont Cragin neighborhood. This two-flat includes two finished residential units, each offering 2-bedroom plus layouts with separate utilities - minimizing expenses and simplifying management from day one. The property features hardwood floors, functional floor plans, and several newer appliances. A large unfinished attic creates significant value-add upside. The space may offer the potential for a duplex-up with the second-floor unit - the perfect opportunity to expand the existing living space or explore adding an additional unit for increased rental income. A two-car garage provides additional income potential. Located on a residential street with convenient access to public transportation, shopping, schools, and expressways, the property sits in a strong rental corridor with steady demand.
Location
State IL
County Cook
Area Chi - Belmont Cragin
Zoning MULTI
Interior
Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
Exterior
Garage Spaces 2.0
Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved
Utilities Available Cable Available
Building
Building Description Aluminum Siding,Vinyl Siding, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Aluminum Siding,Vinyl Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Matt Laricy of Americorp, Ltd
Bought with Lissette Rivas of Realty of America, LLC
Bought with Lissette Rivas of Realty of America, LLC
Nearby School & Business