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!!!
Contingent
$450,000
2238 N Lorel Ave, Chicago, IL 60639
5beds
--sqft
Multi Family
Built in 1896
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Freshly painted interiorFresh paintThird-floor flexible spaceNew doors throughoutBrand-new kitchen countertopsEasily accommodates two vehiclesRemodeled kitchen
- --
- 133
- views
- 8
- saves
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lorenzo Sanchez (773)419-1724,
Engel & Voelkers Chicago
Source: MRED as distributed by MLS GRID,MLS#: 12774440
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air, Baseboard
Features
- Basement: Finished,Exterior Entry,Walk-Up Access,Full,Daylight
Property
Parking
- Total spaces: 2
- Parking features: Off Alley, Yes, Owned
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 13331050330000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1896
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Park, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $340,010
- Annual tax amount: $6,833
- Date on market: 10/1/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2017 | Sold | $200,000+376.2% |
Source: Public Record Report a problem | ||
| 4/5/2011 | Sold | $42,000-10.6% |
Source:  MRED as distributed by MLS GRID #07677821 Report a problem | ||
| 12/4/2010 | Listing removed | $47,000 |
Source: Altisource Homes #07677821 Report a problem | ||
| 11/19/2010 | Listed for sale | $47,000-78.1% |
Source: Altisource Homes #07677821 Report a problem | ||
| 6/24/2004 | Sold | $215,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,834 +54.1% | $34,001 +61.9% |
| 2023 | $4,433 +2.6% | $21,000 |
| 2022 | $4,322 +2.3% | $21,000 |
| 2021 | $4,225 +6.7% | $21,000 +18.2% |
| 2020 | $3,962 -4.6% | $17,773 -14% |
| 2019 | $4,155 +1.7% | $20,667 |
| 2018 | $4,085 -10.8% | $20,667 -16.1% |
| 2017 | $4,579 +3.2% | $24,634 |
| 2016 | $4,436 +9.9% | $24,634 |
| 2015 | $4,036 +51.6% | $24,634 +45.7% |
| 2014 | $2,662 +2.5% | $16,906 |
| 2013 | $2,598 +0.4% | $16,906 |
| 2012 | $2,588 -35.2% | $16,906 -36.6% |
| 2011 | $3,994 -1.2% | $26,652 |
| 2010 | $4,044 +8.5% | $26,652 |
| 2009 | $3,729 -6.4% | $26,652 -22.6% |
| 2008 | $3,983 +10.7% | $34,454 |
| 2007 | $3,598 +3.2% | $34,454 |
| 2006 | $3,487 -2.2% | $34,454 +45.7% |
| 2005 | $3,567 +7.3% | $23,641 |
| 2004 | $3,324 +325.9% | $23,641 |
| 2003 | $781 -11.6% | $23,641 +50.4% |
| 2002 | $883 -6.7% | $15,721 |
| 2001 | $946 -8.8% | $15,721 |
| 2000 | $1,037 | $15,721 +29.7% |
| 1999 | $1,037 | $12,119 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hanson Park
Nearby schools
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