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$400,000
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Property Description
Brick 2-Flat in Belmont Cragin - Blocks from Hanson Park! Fantastic opportunity for investors or live-in owners! This 2-flat features a tenant-occupied first-floor unit and an owner-occupied second-floor unit. Each offers spacious, sun-filled living areas, two bedrooms and one bathroom. The finished basement includes an additional full bath. Enjoy a detached 2-car garage and private backyard. Close to shopping, public transit, and schools. Solid income potential and long-term value!
Full Property Details
Full Property Details for 2428 N Lorel Ave
General
- Sold For: $400,000
- Taxes: $5,496 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12392699
- Added to Site: 218 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: N Lorel between W Fullerton and W Altgeld
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Hanson Park Elementary School
- Middle School: Hanson Park Elementary School
- High School: Foreman High School
- Private School: Foreman High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Baseboard
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1925
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3810
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1925
- Tax Amount: $5,496.38
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13283280310000
Listed by Redfin Corporation
Sold by Realty of America
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Schools
Schools serving 2428 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 | 1.1 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 2428 N Lorel Ave
Date
Details
Price
Change
Source
8/25/2025
Sold
$400,000
-11.09%
MLS
7/11/2025
Price Reduced
$449,900
-6.08%
MLS
6/20/2025
Price Reduced
$479,000
-2.22%
MLS
6/13/2025
Listed
$489,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2428 N Lorel Avenue, Chicago, IL 60639 (MLS# 12392699) is a Multi-Family property that was sold at $400,000 on August 25, 2025. Want to learn more about 2428 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.

