4-Unit Brick
For Sale
$650,000
318 N Lorel Avenue, Chicago, IL 60644
Vacant four-unit building with three-bedroom layouts, hardwood flooring, rear parking, and MULTI zoning.
Property SizeContact for details
Days on Market12
Property Features for 318 N Lorel Avenue
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
MULTI_FAMILY
Units
Unit Mix
4 x 3BR/1BA
Multifamily Units
4
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,673
Building Details
Year Built
1913
Buildings
1
Construction
red brick
Listing Agency:
xr realty
(773) 234-8155
Listed By:
Sherry Apollo
Source:
Harkinsandassociates
Added: Aug 13
Changed: Aug 24
Last Checked: Aug 23 at 12:09PM
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 xr realty
Investment Insights
Based on property information with market context.
This 1913 quadplex is a red brick, four-unit building with a consistent three-bedroom, one-bath layout in each residence. Hardwood floors run throughout the units, while a newer rear staircase serves the building. All four units are vacant, and the property is offered as-is, allowing the next owner to undertake updates or occupy a unit while operating the remaining residences.
Six exterior parking spaces are located at the rear. The property is near train transportation, restaurants, and everyday amenities. MULTI zoning supports the building’s existing multifamily configuration.
Six exterior parking spaces are located at the rear. The property is near train transportation, restaurants, and everyday amenities. MULTI zoning supports the building’s existing multifamily configuration.
Key Highlights
- Four units, each with 3 beds and 1 bath
- Red brick building constructed in 1913
- Hardwood floors throughout the units
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
995
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?
Quadplex - Vacant four-unit building with three-bedroom layouts, hardwood flooring, rear parking, and MULTI zoning.
Where is this quadplex located?
The property is located at 318 N Lorel Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four units, each with 3 beds and 1 bath; Red brick building constructed in 1913; Hardwood floors throughout the units
