This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
$43,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
Property Description
Great development opportunity in Chicago's South Austin neighborhood! This oversized lot 35X 135 at 332 N Lorel Ave zoned RS-3, offering excellent potential for custom residential construction. Convenient location near public transportation, I-290 expressway(2 MINUTES AWAY),Green line 5 mnts walking distance. schools, and parks. Ideal for builders, investors, or developers looking to expand in a fast appraising area. Location is crucial!! This area is going through changes with new construction everywhere!!! Located right in front of the fire hydrant which means easy access for water access to the new construction. No back taxes , no liens, and survey will be provided. Owner licensed realtor in IL.
Full Property Details
Full Property Details for 332 N Lorel Ave
General
- Price: $43,000
- Taxes: $973 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12545811
- Updated: 3/30/2026
- Added to Site: 82 day(s) ago
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: North Laramie to Fulton West to Lorel then North to address.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Utilities
- Onsite: Water Nearby
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 35 x 135
- Frontage: City Street
- Frontage Feet: 35
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $973
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16093030180000
Listed by Core Realty & Investments Inc.
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 332 N Lorel Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ellington Elementary School 243 North Parkside Avenue, Chicago, IL 60644 | PK-8 | 0.4 mi |
Douglass Academy High School 543 North Waller Avenue, Chicago, IL 60644 | 9-12 | 0.5 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 332 N Lorel Ave
Date
Details
Price
Change
Source
3/24/2026
Price Reduced
$43,000
-4.44%
MLS
1/12/2026
Listed
$45,000
291.3%
MLS
12/26/2024
Sold
$11,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 332 N Lorel Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$973
3%
$4,612
—
2022
$949
2%
$4,612
—
2021
$927
1%
$4,612
12%
2020
$919
11%
$4,126
—
2019
$829
—
$4,126
—
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 332 N Lorel Ave
332 N Lorel Avenue, Chicago, IL 60644 (MLS# 12545811) is a Lots/Land property with a lot size of acres. 332 N Lorel Avenue is currently listed for $43,000 and was received on January 12, 2026. Want to learn more about 332 N Lorel Avenue? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

