318 N Lorel Avenue, Chicago, IL, 60644

$599,000

12

Beds

About 318 N Lorel Avenue

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!

Additional Information: This property is located in the CHI - Austin neighborhood, IL. This 12 bedrooms two to four units property is priced at $599,000.

Facts & Features

MLS® # 12732359
Price $599,000
Bedrooms 12
Bathrooms 0.00
Taxes $8,673
Year Built 1913
Type Residential Income
Sub-Type Two to Four Units
Status Price Change

Community Information

Address 318 N Lorel Avenue
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Parking Spaces 5
Parking Assigned, Unassigned, Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Brick
Roof Flat
Foundation Brick/Mortar, Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 23
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $8,673

Listing Details

Officexr realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?