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About This Home
This 4-bedroom, 2-bathroom residential multi family at 2211 N Lorel Avenue in Chicago, IL is listed for $399,900. on a N/A lot.
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.
Key Features
- 2 parking spaces
Property Details
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2211 N Lorel Avenue
Chicago, IL 60639
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 2211 N Lorel Avenue is listed at $399,900. The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.
Key features include: 2 parking spaces.
This property is listed by Matt Laricy and can be reached at (708) 250-2696 or mlaricy@americorpre.com.