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Two-Unit Duplex with Basement
New
For Sale
$200,000

646 N Lorel Avenue, Chicago, IL 60644

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market1

Property Features for 646 N Lorel Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Basement, Bedroom 7, Bedroom 6, Bathroom 2, Bedroom 5
Parking 1
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions North Ave to Lorel Ave, then south to property.
Subdivision CHI - Austin
Standard status Active
APN 16091100240000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1410

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 1893
Building materials Vinyl Siding
Listing Agency: Baird & Warner
Listed By: Brandice Hampton · License #475166488
Added: Oct 10 Last Checked: Oct 10 at 7:06PM
MLS# 12782431

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.

Investment Insights

Based on property information with market context.

This two-unit duplex in Chicago was built in 1893 and has vinyl siding. The room inventory includes seven bedrooms, two bathrooms, and a basement. Heating is provided by a natural gas forced-air system, and the property is connected to public sewer.

Key Highlights

  • Two residential units
  • Room inventory lists 7 bedrooms and 2 bathrooms
  • Basement included

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

926
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The Chicago property has vinyl siding, forced-air natural gas heat, and public sewer service.
Where is this duplex located?
The property is located at 646 N Lorel Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two residential units; Room inventory lists 7 bedrooms and 2 bathrooms; Basement included
More about this property
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