Great investment opportunity in Chicago's Austin neighborhood! This two-unit multifamily property offers excellent potential for investors looking to add value and build equity. The property features two separate units and is located near local amenities, transportation, and neighborhood conveniences. Please reach out for additional details and interior photos.
Contingent
$250,000
646 N Lorel Ave, Chicago, IL 60644
8beds
--sqft
Multi Family
Built in 1893
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- 579
- views
- 48
- saves
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Brandi Hampton, ABR,MRP,PSA,SFR 312-242-1000,
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12782810
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 1
- Parking features: Yes, Other
Lot
- Size: 3,125 Square Feet
- Dimensions: 25x125
Details
- Parcel number: 16091100240000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1893
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $230,000
- Annual tax amount: $1,410
- Date on market: 10/11/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2026 | Listing removed | $200,000 |
Source:  MRED as distributed by MLS GRID #12782431 Report a problem | ||
| 10/10/2026 | Listed for sale | $200,000-33.1% |
Source: MRED as distributed by MLS GRID #12782431 Report a problem | ||
| 7/29/2026 | Contingent | $299,000 |
Source: MRED as distributed by MLS GRID #12585104 Report a problem | ||
| 7/15/2026 | Listed for sale | $299,000+66.1% |
Source: MRED as distributed by MLS GRID #12585104 Report a problem | ||
| 5/7/2004 | Sold | $180,000+140% |
Source: Public Record Report a problem | ||
| 6/2/2003 | Sold | $75,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,959 +180.7% | $23,000 +130% |
| 2023 | $1,410 +4.2% | $9,999 |
| 2022 | $1,353 +0.9% | $9,999 |
| 2021 | $1,341 -46.3% | $9,999 -30.1% |
| 2020 | $2,496 -3.2% | $14,306 -12% |
| 2019 | $2,577 +1.8% | $16,257 |
| 2018 | $2,533 -11.9% | $16,257 -2.8% |
| 2017 | $2,874 +0.8% | $16,724 |
| 2016 | $2,850 +10.3% | $16,724 |
| 2015 | $2,584 -2.1% | $16,724 -0.4% |
| 2014 | $2,639 +2.5% | $16,793 |
| 2013 | $2,576 +0.4% | $16,793 |
| 2012 | $2,566 -6% | $16,793 -11% |
| 2011 | $2,731 +11.5% | $18,871 |
| 2010 | $2,448 +14% | $18,871 |
| 2009 | $2,147 -4.6% | $18,871 -15.8% |
| 2008 | $2,252 +11.2% | $22,412 |
| 2007 | $2,024 -37.1% | $22,412 |
| 2006 | $3,217 +71.6% | $22,412 +55.6% |
| 2005 | $1,875 +2.6% | $14,401 |
| 2004 | $1,827 +12.7% | $14,401 |
| 2003 | $1,622 +5.8% | $14,401 +26.7% |
| 2002 | $1,533 -22.1% | $11,366 |
| 2001 | $1,968 +9.2% | $11,366 |
| 2000 | $1,803 -0.7% | $11,366 +21.1% |
| 1999 | $1,815 | $9,385 |
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: South Austin
Nearby schools
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