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Active
  • $650,000

    318 N Lorel Ave, Chicago, IL 60644

    12beds
    --sqft
    : 
    $4,938/mo
    Get pre-qualified
    Multi Family
    Built in 1913
    -- sqft lot
    $641,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious desirable layoutsNewer back staircaseHardwood floors throughout
    WOW Solid red brick 4-unit building offering incredible opportunity for both investors or owner occupant. Each unit features 3bed/1bath with hardwood floors throughout, providing spacious desirable layouts. All units are currently vacant, making this a perfect value-add opportunity to set your own rents and customize for personal use. Ideal for a live-in owner looking to generate income while occupying one unit, or for an investor seeking strong rental potential. Property being sold "as is", offering the chance to update and maximize returns. Conveniently located near train transportation, restaurants, and everyday amenities, making it attractive for future tenants. Don't miss the versatile income-producing opportunity. Newer back staircase and Exterior parking spaces for 6 cars at rear of building. Your attention will make this one your best investment yet!
    11 days
    |
    194
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sherry Apollo 773-234-8155,

    xr realty

    Source: MRED as distributed by MLS GRID,MLS#: 12732359MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 5
      • Parking features: Assigned, Unassigned, Yes, Owned
      Features
      • Patio & porch: Porch
      • Fencing: Fenced
      Lot
      • Size: 6,250 Square Feet
      • Dimensions: 50X125
      Details
      • Parcel number: 16093030220000
      • Zoning: MULTI
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Brick/Mortar, Concrete Perimeter
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1913

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan, Public

      Community & HOA

      Community
      • Features: Gated, Street Lights
      Location
      • Region: Chicago

      Financial & listing details

      • Annual tax amount: $8,673
      • Date on market: 8/14/2026
      • Ownership: Fee Simple

        Estimated market value

        $641,700

        $610,000 - $674,000

        $1,659/mo

        Price history

        DateEventPrice
        8/14/2026Listed for sale$650,000
        Source: MRED as distributed by MLS GRID #12732359 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Austin

        Getting around

        75 / 100
        Very Walkable
        69 / 100
        Good Transit
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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