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Residential Income Property
New
For Sale
$450,000

2238 N Lorel Avenue, Chicago, IL 60639

The 1896 building has natural gas heating and a finished basement with daylight and exterior access.

Property SizeContact for details
Days on Market7

Property Features for 2238 N Lorel Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Taxes and HOA fees

Annual Taxes $6,833

Amenities

Park, Sidewalks, Street Lights
Natural Gas, Forced Air, Baseboard
Finished, Exterior Entry, Walk-Up Access, Full, Daylight

Building Details

Year Built 1896
Listing Agency: Engel & Voelkers
Listed By: Lorenzo Sanchez · License #475148246
Source: Evrealestate
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 7 at 12:50PM

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 Engel & Voelkers

Investment Insights

Based on property information with market context.

Built in 1896, this residential income property has natural gas heating with forced-air and baseboard components. The building also includes a finished, full basement with daylight, a walk-up, and exterior entry.

The property is located at 2238 N Lorel Avenue in Chicago. Zoning is designated MULTI.

Key Highlights

  • Built in 1896
  • Finished full basement with daylight and exterior entry
  • Heating includes natural gas, forced air, and baseboard

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,164
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - The 1896 building has natural gas heating and a finished basement with daylight and exterior access.
Where is this residential income property located?
The property is located at 2238 N Lorel Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Built in 1896; Finished full basement with daylight and exterior entry; Heating includes natural gas, forced air, and baseboard
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