2211 N Lorel Avenue Chicago IL 60639 MLS #MRD12568862

MLS #MRD12568862 image #0
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.

Property Details

Price:
$399,900
MLS #:
MRD12568862
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chibelmontcragin
Listed Date:
Feb 17, 2026
Chi – Belmont CraginChibelmontcragin

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air, Sep Heating Systems – 2+

Exterior

Community Features
Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding, Vinyl Siding
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2

Financial

Tax Year
2024
Taxes
$6,030

Listing Agent & Office

Matt Laricy
Americorp, Ltd

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2211 N Lorel Avenue
Chicago, IL