2131 North Lorel Avenue, Chicago, Cook County, IL 60639

For Sale

Listed by Levi Kane with Keller Williams Chicago-Lincoln Park
$440,000 USD
  • 8 Beds
  • 0.07 ac Lot Size
  • MultiFamily
Open House
The COVID-19 situation might influence or cause uncertainty around some open houses. Please remember to verify restrictions with your agent and local authorities.
Select date and request your own property tour:
Is this home right up your alley? Get all the details now.

Property Summary for 2131 North Lorel Avenue Español?

Type
MultiFamily
Sub-Type
Quadruplex
Lot Size
0.07 Ac
MLS Number
10762951
Year Built
1912
Parking info
4
Taxes
5,495.69 USD (2018)
Neighborhood
Hanson Park
Zip
60639
School District
Chicago Public School District 299

Description for 2131 North Lorel Avenue

***INVESTORS*** (or owner occupy) This beautifully maintained and recently updated building is the self sufficient investment that you've been looking for! Tear off roof in 2012, updated units done in 2015, and tuck-pointing done in 2018. Copper plumbing, new electrical wiring, 4 legal units, 4 separate gas meters and 4 separate electric meters, 4 separate utility rooms and coin operated laundry makes this thing a truly self sufficient CASH COW. Currently owned by a GC, the owner has been able to easily maintain the building with top quality craftsmanship. Fully rented at market value this could easily yield a 12%+ CAP RATE. Currently 2 units vacant and 2 units occupied: 1 unit is on a lease until the end of August, the other is on a lease until the end of next May (both are paying WAY below market value). Easily rentable to long term tenants being steps away from public transportation, elementary, middle and high schools. FHA/Conventional/Cash, bring your best offer - this is a TURN-KEY investment!
Find out more about this property. Request details here

Features for 2131 North Lorel Avenue

Exterior Finish
  • Brick, Vinyl Siding
Interior Features
  • Basement
Heating
  • Forced Air
Appliances
  • Dryer, Range, Refrigerator, Washer
Listing provided by Midwest Real Estate Data, LLC
Copyright © 2020 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:

Levi Kane

Keller Williams Chicago-Lincoln Park

Demographics in 60639top

Population

Total population 90,517
Male population 45,009
Female population 45,508
Median age 33.10

Households

Total households 25,570
Average people per household 3.53

Housing

Total housing units 28,591
Owner occupied 12,006
Renter occupied 13,564
Median year built 0

Income

Median household income 44,150
Average household income 58,812

Similar multi-family homes for sale in Hanson Park, Chicago

$458,000 USD
  • 6 Beds
  • 2 Baths
$419,000 USD
  • 6 Beds
  • 2 Baths
$348,000 USD
  • 6 Beds
  • 2 Baths

Browse all multi-family homes for sale in Hanson Park, Chicago

Disclaimer


Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

More about this property:

Add a message

This site is protected by reCAPTCHA. Google Privacy Policy and Terms of Service apply.
Choose language: English Español ?