2211 N Lorel Ave

Chicago IL 60639

Multi-Family

Currently for sale - view listing

Overview

Strong cash-flow opportunity in the rapidly appreciating Belmont Cragin neighborhood. This two-flat includes two finished residential units, each offering 2-bedroom plus layouts with separate utilities - minimizing expenses and simplifying management from day one. The property features hardwood floors, functional floor plans, and several newer appliances. A large unfinished attic creates significant value-add upside. The space may offer the potential for a duplex-up with the second-floor unit - the perfect opportunity to expand the existing living space or explore adding an additional unit for increased rental income. A two-car garage provides additional income potential. Located on a residential street with convenient access to public transportation, shopping, schools, and expressways, the property sits in a strong rental corridor with steady demand.

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Property history for 2211 N Lorel Ave

2012

Sold

$84,000

20 Jul 2012 by Richard Wolnik, of Riklin Realty

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.