318 N Lorel AVE, Chicago, IL 60644
318 N Lorel AVE, Chicago, IL 60644
318 N Lorel AVE, Chicago, IL 60644
11
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$650,000
Est. payment /mo
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12 Beds
4 Baths
New

318 N Lorel AVE Chicago, IL 60644

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12732359

Bedrooms 12

Year Built 1913

Annual Tax Amount $3,900

Tax Year 2025

Lot Dimensions 50X125

Property Sub-Type Two to Four Units

Property Description

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!

Location

State IL

County Cook

Area Chi - Austin

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Community Features Gated, Street Lights

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sherry Apollo of  xr realty 

Nearby School & Business

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Park Place Realty Group LLC

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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