Brick Courtyard Apartment
For Sale
Contact for pricing
16 N Lorel Ave, Chicago, IL 60644
Twenty-three unit brick courtyard apartment building offered for sale in Chicago’s Austin neighborhood.
Property SizeContact for details
Days on Market122
Property Features for 16 N Lorel Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
23
Building Details
Construction
brick courtyard
Tenancy
Multi
Listing Agency:
Monarch Realty Partners
Listed By:
Robert Berman · License #475172109
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monarch Realty Partners
Investment Insights
Based on property information with market context.
Monarch Realty Partners is pleased to offer for purchase a 23-unit brick courtyard apartment building at 16-18 N. Lorel in Chicago. The property is a multifamily residential income asset presented as a brick courtyard configuration.
The building is located in Chicago’s Austin neighborhood. No additional details about unit mix, amenities, or recent upgrades were provided in the available materials.
This offering is structured as an apartment building purchase, with ownership of the full 23-unit courtyard property.
The building is located in Chicago’s Austin neighborhood. No additional details about unit mix, amenities, or recent upgrades were provided in the available materials.
This offering is structured as an apartment building purchase, with ownership of the full 23-unit courtyard property.
Key Highlights
- 23‑unit brick courtyard apartment building offered for sale in Chicago’s Austin neighborhood
- Multi‑family property with units located within a courtyard‑style building layout
Property Analytics
Current Use
Lease Details
23
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 60644, IL
47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twenty-three unit brick courtyard apartment building offered for sale in Chicago’s Austin neighborhood.
Where is this apartment building located?
The property is located at 16 N Lorel Ave Chicago, IL.
What are key features of this property?
This property features: 23‑unit brick courtyard apartment building offered for sale in Chicago’s Austin neighborhood; Multi‑family property with units located within a courtyard‑style building layout
