1831 N Lorel Avenue Chicago, IL $ 699,000
1831 N Lorel Avenue
$ 699,000
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1831 N Lorel Avenue

Chicago, IL, 60639
$ 699,000
Bedrooms-- Baths-- Sq 6,700

Monthly Estimate*

$ 4,414

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Commercial Property for sale in Chicago, IL

for $699,000. This 6,700 square foot building was built in 1957 on a lot size of 0.172176.

Position your business for success with this well-maintained 6,700-square-foot industrial building located in the highly desirable Galewood Industrial Corridor. Offering a versatile layout, this property is ideal for manufacturing, warehousing, distribution, fabrication, or other industrial operations. The building features a recently updated office and restroom, newer roof, energy-efficient LED lighting, and ample fenced parking for employees and customers. High ceilings, drive-in access, and flexible industrial space provide the functionality businesses need to operate efficiently. Currently being used as a die casting manufacturing. Conveniently located near major transportation routes and just minutes from the North Austin Center redevelopment, this property benefits from continued investment and neighborhood growth. Whether you're an owner-user seeking a long-term headquarters or an investor looking for a quality industrial asset, this property offers outstanding value and endless potential. Don't miss this opportunity to own a move-in-ready industrial building in one of Chicago's emerging commercial corridors.

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Commercial Active

Price

$ 699,000

Property Type

Commercial

Taxes

$ 22,552

Style

Industrial

Lot Size

0.172176

Year Built

1957

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12689989

Features
General
Cooling Office Only
Possession Negotiable
Roof Membrane
Zoning INDUS
Construction Materials Brick
Year Built 1957
Electric Over 600 Amps
Tenant Pays Varies by Tenant
Stories Count 1
Property Subtype Warehouse
Tax Year 2024
Current Use Industrial
Gross Income 0
Additional Parcels Description 13333080030000
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Status New
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
Tax Annual Amount 22552.12
Additional Parcels Y/N Y
Leasable Area 6700
Standard Status Active
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Exterior
Building Area Total 6700
Lot Dimensions 60' X 125.42'
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* Excluded Features
List By
Ruiz Realty, Inc.

Broker

mas.4housing@gmail.com

Email

Affordability Calculator

$6,293
Per Month
70%
30%
0%
Monthly Principal & Interest
$4,414
Monthly Property Taxes
$1,879
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/27/2026$699,000 Listed Price

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1831 N Lorel Avenue, Chicago, IL, 60639 is a Commercial Property for sale at $699,000 with 6,700 sqft and a lot size of 0.172176. 1831 N Lorel Avenue was built in 1957. The property's zip code is 60639 which is in Chicago, IL