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$250,000 Just Listed
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Property Description
Great investment opportunity in Chicago's Austin neighborhood! This two-unit multifamily property offers excellent potential for investors looking to add value and build equity. The property features two separate units and is located near local amenities, transportation, and neighborhood conveniences. Please reach out for additional details and interior photos.
Full Property Details
Full Property Details for 646 N Lorel Ave
General
- Price: $250,000
- Taxes: $1,410 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12782810
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 1
- Parking Features: Yes, Other
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: North Ave to Lorel Ave, then south to property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1893
- 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: 1893
- Tax Amount: $1,410
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 16091100240000
Listed by Baird & Warner
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Schools
Schools serving 646 N Lorel Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Howe Elementary School, Chicago, IL 720 North Lorel Avenue, Chicago, IL 60644 | PK-8 | 0.1 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 646 N Lorel Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,410
—
$23,000
130%
2023
$1,410
4%
$9,999
—
2022
$1,353
1%
$9,999
—
2021
$1,341
-46%
$9,999
-30%
2020
$2,496
-3%
$14,306
-12%
2019
$2,577
2%
$16,257
—
2018
$2,533
-12%
$16,257
-3%
2017
$2,874
1%
$16,724
—
2016
$2,850
10%
$16,724
—
2015
$2,584
-2%
$16,724
—
2014
$2,639
2%
$16,793
—
2013
$2,576
—
$16,793
—
2012
$2,566
—
$16,793
—
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 646 N Lorel Ave
646 N Lorel Avenue, Chicago, IL 60644 (MLS# 12782810) is a Multi-Family property with 2 units containing 7 bedrooms and 0 full bathrooms. 646 N Lorel Avenue is currently listed for $250,000 and was received on October 11, 2026. Want to learn more about 646 N Lorel Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

