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$490,000
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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
- Sold For: $490,000
- Taxes: $4,433 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12554715
- Added to Site: 113 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
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
- Driving Directions: Lorel Ave. half block North of Grand Ave
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13331100260000
Listed by Charles Rutenberg Realty of IL
Sold by Avenue Properties Chicago
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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2059 N Lorel Ave
Date
Details
Price
Change
Source
4/24/2026
Sold
$490,000
-1.01%
MLS
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.
2059 N Lorel Avenue, Chicago, IL 60639 (MLS# 12554715) is a Multi-Family property that was sold at $490,000 on April 24, 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.

