Multifamily Property with Flexible Upper
For Sale
Under Contract
$450,000
2238 N Lorel Avenue, Chicago, IL 60639
Residential Income, Chicago, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market24
Property Features for 2238 N Lorel Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 7, Bedroom 5, Basement, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4
Parking
2
Parking features
Owned, Off Alley
Basement
Walk-Up Access, Full, Exterior Entry, Daylight, Finished
Elementary school district
299
Middle school district
299
High school district
299
Directions
CENTRAL TO GRAND THEN NORTH ON LOREL TO THE PROPERTY
Subdivision
CHI - Belmont Cragin
Standard status
Active Under Contract
APN
13331050330000
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
6834
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air, Baseboard
Water source
Public
Building Details
Year built
1896
Building materials
Vinyl Siding, Brick
Buildings
1
Listing Agency:
Engel & Voelkers Chicago · Engel & Völkers
(773) 797-9500
Listed By:
Lorenzo Sanchez
(773) 501-6201
Added: Oct 1
Changed: Oct 23
Last Checked: Oct 24 at 6:06PM
MLS# 12774440
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This Chicago multifamily property has three levels of living space. The first floor contains two bedrooms and one bathroom, while the second floor offers three bedrooms, one bathroom, a kitchen, dining room, and living room. The upper level adds two bedrooms, a living area, and a full bathroom; it can function independently or connect with the second floor to form a five-bedroom arrangement. Interior updates include refreshed paint, new doors, updated cabinetry, and kitchen countertops. The lot measures 0.07 acres, and the property was built in 1896.
A fully fenced yard includes an enclosed parking pad with room for two vehicles. The property has MULTI zoning, public water, and public sewer.
A fully fenced yard includes an enclosed parking pad with room for two vehicles. The property has MULTI zoning, public water, and public sewer.
Key Highlights
- Three‑level multifamily property with 7 bedrooms and 3 bathrooms
- Second and third floors can be combined as a five‑bedroom living space
- Fenced yard with an enclosed parking pad for two vehicles
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,164
Businesses Nearby
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Business Placement
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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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three finished levels offer separate living areas and additional space for flexible use.
Where is this multifamily 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: Three‑level multifamily property with 7 bedrooms and 3 bathrooms; Second and third floors can be combined as a five‑bedroom living space; Fenced yard with an enclosed parking pad for two vehicles
