1831 N Lorel Avenue Chicago, IL ^$ 549,000

1831 N Lorel Avenue

^$ 549,000

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1831 N Lorel Avenue

Chicago, IL, 60639

^$ 549,000

Studio Baths0.0 Sq 6,700

Monthly Estimate*

^$ 3,835

1831 N Lorel Avenue, Chicago, IL 60639 - Image 1

1831 N Lorel Avenue, Chicago, IL 60639 - Image 2

1831 N Lorel Avenue, Chicago, IL 60639 - Image 3

Studio

Commercial Property for sale in Chicago, IL

for $549,000. This 6,700 square foot building was built on a lot size of 0.172176.

Owner retiring. Business value is included in sale of property (6,700 SF building with parking). Business is family-owned, well-established Zinc Die Casting company with stable customer base. Do not disturb occupants.

Commercial Contingent

Price

^$ 549,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,799

Style

Manufacturing

Lot Size

0.172176

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11713155

Features

General

Cooling Office Only

Possession Negotiable

Zoning INDUS

Construction Materials Brick

Tenant Pays Taxes Insurance

Stories 1

Tax Year 2021

Current Use Industrial

Business Type Manufacturing

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Contingency Other Contingency

Status Contingent

Directions Cicero Ave to Bloomingdale Ave (1800 N.) ; Bloomingdale west to Lorel Ave; North on Lorel to end of cul-de-sac.

City Chicago

MLS Area CHI - Austin

Lot Size Square Feet 7500

Waterfront Y/N N

Street Name Lorel

Tax Annual Amount 11799

Additional Parcels Y/N Y

Days on Market 453

Standard Status Active Under Contract

Exterior

Building Area Total 6700

Lot Dimensions 60' X 125.42'

Interior

Street Suffix Avenue

* Excluded Features

List By

Strauss Realty Ltd

Broker

debsmith56@aol.com;deborah@straussrealty.com

Affordability Calculator

$4,818

Per Month

Monthly Principal & Interest: $3,835
Monthly Property Taxes: $983
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$838,059

Percent of Sale Price 53%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/15/2023	$549,000	-8.35%	Price Down
2/5/2023	$599,000		Listed Price

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1831 N Lorel Avenue, Chicago, IL, 60639 is a Commercial Property for sale at $549,000 with 6,700 sqft and a lot size of 0.172176. 1831 N Lorel Avenue is a studio with 0.0 baths. The property's zip code is 60639 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/3/2024.

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1831 N Lorel Avenue

Commercial Property for sale in Chicago, IL

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