226-228 N Lorel Avenue
Chicago, IL 60644

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $525,000
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About this home

Multi-Family 4 Unit building w/full basement

Property details

Property / Lot Details
Acreage 0.15
Deconversion N
Lot Dimensions 50 X 135
Lot Description Common Grounds
Lot Size Source County Records
Lot Size Less Than .25 Acre
Model 2 STORY, 4 UNITS, FULL BASEMENT, 5 PARKING SPACES
Ownership Fee Simple
Style of House American 4-Sq.
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units
Interior Features
Additional Rooms Utility Room-Lower Level
Basement Description Partially Finished
Bath Amenities Soaking Tub
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 4
Total Rooms 20
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1197
Appliances And Features Stove, Refrigerator, Central Air Conditioner, Fireplace-Artificial, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Security Deposit $500
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 1
Square Feet 1417
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1230
Appliances And Features Stove, Refrigerator, Central Air Conditioner, Fireplace-Artificial, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Security Deposit 1230
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Square Feet 1417
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1197
Appliances And Features Stove, Refrigerator, Central Air Conditioner, Fireplace-Artificial, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Security Deposit $976
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 1
Square Feet 1355
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1197
Appliances And Features Stove, Refrigerator, Central Air Conditioner, Fireplace-Artificial, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Security Deposit $990
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Square Feet 1355
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1918
Parking Total 5
Exterior Building Type Vinyl Siding, Brick, Frame
Exterior Property Features Storms/Screens
Foundation Brick/Mortar, Concrete Perimeter
Parking Features Assigned, Off Alley, Alley Access
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2016
Roof Type Rubber ,Flat
MRD Virtual Tour None
Virtual Tour Date 08/15/2024 11:15 pm
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - Austin
Zoning Type MULTI
Corporate Limits Chicago
Directions South of W Lake St; West of N Laramie Ave; North of W Washington Blvd; East of N Central Ave; from W Washington Blvd, turn North on N Lorel Ave to address
Equipment CO Detectors, Multiple Water Heaters, Water Heater-Gas
Elementary School Ellington Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Austin Community High School
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle School Ellington Elementary School
Jr High/Middle Dist 299
Other Public Sch Dist 299
Othr Public Sch Chicago Community College
Township West Chicago

Financials

ElectricExpense 320
Electric Expense Source Actual
Financing Conventional
Fuel Expense $364
Fuel Expense Source Actual
Gross Rental Income $57,852
Insurance Expense $3,013
Insurance Expense Source Actual
Rental Income 4821
Scavenger Expense $450
Investment Profile Residential Income
Water Expense $1,383

Tax/Assessments/Liens

PIN 16093100210000
Special Assessments N
Taxes $4,548
Tax Exemptions None
Tax Year 2023
$525,000 Listing Price:
MLS # 12085699
Investment Profile Residential Income
Listing Market Time 57 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking Space/s
List Date 06/19/2024
Year Built 1918
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