2435 N Lorel Avenue
Chicago, Illinois 60639

Closed / MLS #12208694 / Multiple Unit (2-4) / Belmont Cragin
Listing information updated 5/9/2025 at 9:03pm
Great opportunity to own a beautifully maintained 2-unit, turnkey building in Belmont Cragin. The building features 4 levels: a full, unfinished basement, 2 duplicate floor plan apartments, and a large unfinished attic. The basement is partially finished with a roughed-in bath and common laundry. This can be built out as a 1 bed/1 bath in law unit. The 1st floor unit is an updated 2 bed/1bath apartment with newer gas forced-air furnace and A/C - about 2 years old. The 2nd floor unit is also updated but with central air only (no A/C.) The partially finished attic also has potential to be finished into an in-law unit or used as additional storage. Most appliances are about 2 years old. Water heaters are about 10 years old. Separate utilities for both units and sump pump in the basement. The property also has a large rear outdoor space/yard, a 2-car garage, and an additional 2-3 car tandem car-port. The building is located in the center of Belmont Cragin, near great restaurants, several grocery/supermarkets, Fullerton Ave public transportation and Hanson Park. 48-hour notice required to show on weekdays. Tenants will vacate upon close. This is a 2 unit building not a 3 unit. The basement and attic will remain unfinished!

Listing Office: Redfin Corporation

Listing Office Phone: 312.836.4263

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2435 N Lorel Avenue, Chicago, IL 60639 is a multiple unit (2-4) which sold for $440,000. 2435 N Lorel Avenue features 4 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since November 12th, 2024 and was built in 1922. Nearby schools include Hanson Park Elementary School and Foreman High School. The nearest transit stops include Hanson Park Metra Metra Milwaukee District West line.