2238 N Lorel Avenue Chicago, IL $ 450,000
2238 N Lorel Avenue
$ 450,000
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2238 N Lorel Avenue

Chicago, IL, 60639
$ 450,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 2,841

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Multi-Family Home for sale in Chicago, IL

for $450,000 with 7 bedrooms and 3 full baths. This home was built in 1896 on a lot size of 0.07.

Exceptional Remodeled Multi-Unit Property- Welcome to an outstanding investment and living opportunity in the heart of Belmont Cragin! This beautifully remodeled and refreshed multi-unit property offers exceptional versatility, modern finishes, and rare potential for expanded living space. Perfect for an owner-occupant seeking rental income, multi-generational living, or a savvy investor looking for a turn-key property with upside potential. The first floor consists of two bedrooms and one bath freshly painted interior, newly installed interior doors, updated kitchen and bathroom cabinetry, and brand-new kitchen countertops. The second floor consists of three bedrooms, one bath, remodeled kitchen, separate dining room, and separate living room The kitchen features premium new quartz countertops, new stainless steel refrigerator and microwave, updated cabinetry, a newly remodeled bathroom, fresh paint, and new doors throughout. Third-Floor Flexible Space / Duplex-Up Potential: Layout: 2 Additional Bedrooms | Spacious Living Area | 1 Full Bathroom Freshly painted and ready for immediate use. This floor can serve as an expansive recreational/entertainment retreat or be seamlessly integrated with the second-floor unit to create a massive, multi-level five bedroom unit. There is an enclosed parking pad within the fully fenced yard that easily accommodates two vehicles. Hurry!!!

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Multi-Family Active

Price

$ 450,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,833

Style

Lot Size

0.07

Year Built

1896

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12774440

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air Baseboard
Possession Negotiable Tenant's Rights
Zoning MULTI
Construction Materials Vinyl Siding Brick
Year Built 1896
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Community Features Park Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions CENTRAL TO GRAND THEN NORTH ON LOREL TO THE PROPERTY
City Chicago
High School District 299
MLS Area CHI - Belmont Cragin
Tax Annual Amount 6833.66
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Exterior Entry Walk-Up Access Full Daylight
Total Bedrooms 7
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley Yes Owned
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 3150
Lot Size Acres 0.07
Waterfront Y/N N
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* Excluded Features
List By
Engel & Voelkers Chicago

Broker

lorenzo.sanchez@evrealestate.com

Email

Affordability Calculator

$3,411
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$569
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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$450,000 Listed Price

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2238 N Lorel Avenue, Chicago, IL, 60639 is a Multi-Family Home for sale at $450,000 with a lot size of 0.07. 2238 N Lorel Avenue has 7 bedrooms, 3.0 baths, and was built in 1896. The property's zip code is 60639 which is in Chicago, IL