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Street View
$589,000
Monthly Est:$2,932
12 Beds
4 Baths
--sqft
318 N Lorel Ave, Chicago, IL 60644
$589,000
$2,932/moEst:
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Multi Family
Built in 1913
$-- HOA
-- sqft lot
--/sqft
Description
WOW Solid red brick 4-unit building offering incredible opportunity for both investors or owner occupant. Each unit features 3bed/1bath with hardwood floors throughout, providing spacious desirable layouts. All units are currently vacant, making this a perfect value-add opportunity to set your own rents and customize for personal use. Ideal for a live-in owner looking to generate income while occupying one unit, or for an investor seeking strong rental potential. Property being sold "as is", offering the chance to update and maximize returns. Conveniently located near train transportation, restaurants, and everyday amenities, making it attractive for future tenants. Don't miss the versatile income-producing opportunity. Newer back staircase and Exterior parking spaces for 6 cars at rear of building. Your attention will make this one your best investment yet!
- Houzeo last checked: 58 minutes ago
- Listing updated: October 22, 2026 at 5:06 am
- Listing Provided by: Sherry Apollo | xr realty (773) 234-8155
- Source: MRED MLS-IL | MLS#: 12787459
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1913
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12787459
MLS Status
Active
Days on Market
12
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 4
Interior
Heating
Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1913
Home type
Multi Family
Construction Materials
Brick
Roof
Flat
Foundation Details
Brick/mortar, Concrete Perimeter
Utilities & Energy
Basement
Unfinished, Full
Water Source
Lake Michigan, Public
Parking Features
Assigned, Unassigned, Yes, Owned
Other Features
Patio And Porch Features
Porch
Community Features
Gated, Street Lights
Price History
| Date | Event | Price |
|---|---|---|
10/16/2026 Source: | Listed for Sale | $589,000 -1.67% $0/sqft |
10/15/2026 Source: | Listing Removed | $599,000 $0/sqft |
10/11/2026 Source: | Listed for Sale | $599,000 $0/sqft |
09/16/2026 Source: #MRD12732359 | Contingent (Active Under Contract) | $599,000 $0/sqft |
09/04/2026 Source: | Price Decreased | $599,000 -4.16% $0/sqft |
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 29, 2026, 02:15PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Oct 29, 2026, 02:15PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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