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$405,000
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Property Description
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.
Full Property Details
Full Property Details for 2211 N Lorel Ave
General
- Sold For: $405,000
- Taxes: $6,029 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12619966
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: Fullerton To Lorel, South To Property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+
Utilities
- Water: Lake Michigan, Public
- Onsite: Cable Available
Structural Information
- Construction: Aluminum Siding, Vinyl Siding
- Exterior Const.: Aluminum Siding, Vinyl Siding
- Basement Desc.: Crawl Space
- Built Before 1978: Yes
- Remodeled/Updated: 2005
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Tax Amount: $6,029.68
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13331060200000
Listed by Americorp, Ltd
Sold by Realty of America, LLC
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Schools
Schools serving 2211 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 | 0.2 mi |
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
2211 N Lorel Avenue, Chicago, IL 60639 (MLS# 12619966) is a Multi-Family property that was sold at $405,000 on April 21, 2026. Want to learn more about 2211 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.

