2435 N Lorel Avenue
Chicago, IL, 60639
$430,000
4 Beds
2 Baths
0 SqFt
0.08 Acres
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$430,000
2435 N Lorel Avenue
Chicago, IL, 60639
MLS #MRD12208694 img 0
Great opportunity to own a beautifully maintained 2-unit, turnkey building in Belmont Cragin. The building features 4 levels: a full, unfinished basement, 2 duplicate floor plan apartments, and a large unfinished attic. The basement is partially finished with a roughed-in bath and common laundry. This can be built out as a 1 bed/1 bath in law unit. The 1st floor unit is an updated 2 bed/1bath apartment with newer gas forced-air furnace and A/C – about 2 years old. The 2nd floor unit is also updated but with central air only (no A/C.) The partially finished attic also has potential to be finished into an in-law unit or used as additional storage. Most appliances are about 2 years old. Water heaters are about 10 years old. Separate utilities for both units and sump pump in the basement. The property also has a large rear outdoor space/yard, a 2-car garage, and an additional 2-3 car tandem car-port. The building is located in the center of Belmont Cragin, near great restaurants, several grocery/supermarkets, Fullerton Ave public transportation and Hanson Park. 48-hour notice required to show on weekdays. Tenants will vacate upon close. This is a 2 unit building not a 3 unit. The basement and attic will remain unfinished!

Property Details

Price:
$430,000
MLS #:
MRD12208694
Status:
Active Under Contract
Beds:
4
Baths:
2
Address:
2435 N Lorel Avenue
Type:
Multi Family
Neighborhood:
CHI – Belmont Cragin
City:
Chicago
Listed Date:
Nov 12, 2024
State:
IL
ZIP:
60639
Year Built:
1922

Schools

School District:
299
Elementary School:
Hanson Park Elementary School
Middle School:
Hanson Park Elementary School
High School:
Foreman High School

Interior

Heating
Natural Gas

Exterior

Community Features
Park, Sidewalks, Street Lights
Exterior Features
Porch, Porch Screened, Storms/ Screens
Parking Features
Zoned Permit
Parking Spots
4

Financial

Tax Year
2023
Taxes
$3,899
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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2435 N Lorel Avenue
Chicago, IL