2211 N Lorel Avenue, Chicago, IL 60639
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: matt laricy
Office: americorp, ltd
MLS#:12568862
Source:MLSNI
Price summary
- Price:$399,900
About this home
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.
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Home facts
- Listing ID #:12568862
- Updated:April 10, 2026 at 07:46 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Basement:Yes
Heating and cooling
- Heating:Forced Air, Natural Gas, Sep Heating Systems - 2+
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,900
- Tax amount:$6,030 (2024)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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