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!
Features of 318 N Lorel Avenue
| MLS® # | 12732359 |
|---|---|
| Price | $599,000 |
| Bedrooms | 12 |
| Bathrooms | 0.00 |
| Year Built | 1913 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Price Change |
| Taxes | $8,673 |
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 |
| New Construction | 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 |
Listing Details
| Office | xr realty |
|---|