2438 N Lorel Avenue
Chicago, IL 60639

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $450,000
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About this home

Great investment opportunity in Belmont Cragin. All 3 units are fully occupied. Building is in fantastic condition. All units offer 2 large bedrooms each. 1st floor has a washer & dryer in unit, entire unit freshly painted July 2023, new window treatments, new bathroom vanity and mirror 2023. 2nd unit (below market value) and attic share the washer and dryer. 2nd unit was painted Oct 2022, new gas range Nov. 2022, and refrigerator. Roof was replaced 2018. Tons of storage, hardwood floors, air conditioner and much more... Backyard is perfect for summer get togethers, gated 3 car parking pad. Minutes from cta, restaurants & schools. Property taxes are cheap for an investment property, currently has no exemptions.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1912
Parking Total 3
Exterior Building Type Vinyl Siding
Exterior Property Features Deck
Parking Features Off Alley, Alley Access, Secured
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights
Area Major CHI - Belmont Cragin
Zoning Type MULTI
Corporate Limits Chicago
Directions East on Fullerton, right onto Lorel
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Crawl
Basement Bathrooms No
Basement None
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 15
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1575
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 07/24
Rooms Total 5
Security Deposit 1000
Tenant Pays Electric, Gas, Parking
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 2
Property / Lot Details
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13283280270000
Special Assessments N
Taxes $5,557
Tax Year 2022
$450,000 Listing Price:
MLS # 11992890
Investment Profile Residential Income
Listing Market Time 35 days
Basement None
Type Unit 3 Flat
Number of Units in Building 2
Parking Space/s
List Date 02/29/2024
Year Built 1912
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