Date
Details
Price
Change
Source
1/28/2026
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/25
$495,000
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1/25
Property Description
Fantastic opportunity of an updated, turn-key 2-unit building that is perfect for both investment or owner occupancy! This fully updated property offers modern comfort and strong income potential, making it an exceptional find. The building features a total of 6 bedrooms and 2.5 bathrooms with stylish finishes throughout. Each unit boasts a bright, open-concept living area that flows seamlessly into a modern kitchen, complete with new cabinetry, granite countertops, and stainless steel appliances. The updated bathrooms feature contemporary fixtures and a clean, elegant design. Located just minutes from shopping, restaurants, and public transit, this property combines convenience with quality. Whether you're seeking a move-in-ready home with rental income or a valuable addition to your portfolio, this turn-key building delivers both style and value. Additionally, each apartment comes with its own separate laundry facilities, newer gas forced-air furnace, and A/C. Separate utilities for both units, a large yard, and a 2-car garage add to the property's appeal. Don't miss out on this great opportunity to own a beautifully maintained 2-unit building in Belmont Cragin. For showings, please feel free to text the listing agent.
Full Property Details
Full Property Details for 2059 N Lorel Ave
General
- Price: $495,000
- Taxes: $4,433 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12554715
- Updated: 2/15/2026
- Added to Site: 19 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Township: Jefferson
- Driving Directions: Lorel Ave. half block North of Grand Ave
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Aluminum Siding, Fiber Cement
- Exterior Const.: Aluminum Siding, Fiber Cement
- Basement Desc.: None
- Year Built: 1908
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1908
- Tax Amount: $4,433
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13331100260000
Listed by Charles Rutenberg Realty of IL
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Listing agent
— 2059 N Lorel Ave —
Charles Rutenberg Realty of IL
NMLS#: 1598647
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Schools
Schools serving 2059 N Lorel Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hanson Park Elementary School 5411 West Fullerton Avenue, Chicago, IL 60639 | PK-8 | 0.4 mi |
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2059 N Lorel Ave
Tax History
Tax History for 2059 N Lorel Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,433
3%
$21,000
—
2022
$4,322
2%
$21,000
—
2021
$4,225
-7%
$21,000
4%
2020
$4,521
-5%
$20,282
-14%
2019
$4,741
2%
$23,584
—
2018
$4,661
-16%
$23,584
-9%
2017
$5,572
7%
$25,871
—
2016
$5,185
9%
$25,871
—
2015
$4,744
13%
$25,871
15%
2014
$4,186
2%
$22,544
—
2013
$4,103
1%
$22,544
—
2012
$4,049
—
$22,544
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2059 N Lorel Ave
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,381Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 1,398Sq. Ft.
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2059 N Lorel Avenue, Chicago, IL 60639 (MLS# 12554715) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 2059 N Lorel Avenue is currently listed for $495,000 and was received on January 28, 2026. Want to learn more about 2059 N Lorel Avenue? Do you have questions about finding other Multi-Family real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.