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sales rep | Brivity IDX

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318 N Lorel Ave , Chicago, IL 60644
$589,000
Est. Payment: $3,160.26/mo
12 Bed
4 Bath
Status: active | Days on site: 7
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88217 - 166809
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House 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!

Highlights

Listed by Sherry Apollo , 312-816-4785 xr realty , 773-234-8155. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Year Built

1913

County

Cook

Area

CHI - Austin

School District

299

Listing ID

12787459

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:4
Basement:Unfinished,Full
Water:Lake Michigan,Public

Exterior Features

Lot Dimensions:50X125
Garage Capacity:5
Zoning:MULTI
Roof:Flat
Sewer:Public Sewer
Parking Features:Assigned,Unassigned,Yes,Owned
Principal Interest
$3,160
Taxes
$723

Home Price

$589,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$117,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,160.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,160.26 $722.75 $0.00 $3,883.01
Yearly $37,923.15 $8,673.00 $0.00 $46,596.15
Total $1,137,694.54 $260,190.00 $0.00 $1,397,884.54
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-26T20:59:06.000Z

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