Two-Unit Multifamily
For Sale
$250,000
Pending
646 North Lorel Avenue, Chicago, IL 60644
For sale two-unit multifamily building with two separate units in Chicago’s Austin neighborhood.
Property SizeContact for details
Days on Market99
Property Features for 646 North Lorel Avenue
General Information
Standard status
Pending
Total Parking Spaces
1
Property subtype
Two to Four Units / 2 Flat
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,410
Building Details
Year Built
1893
Tenancy
Multi
Listing Agency:
Baird & Warner
Listed By:
Brandice Hampton · License #475166488
(630) 538-7928
Source:
Compass
Added: Jul 20
Changed: Oct 26
Last Checked: Oct 24 at 8:40PM
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 Baird & Warner
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Investment Insights
Based on property information with market context.
This two-unit multifamily property is offered for sale and includes two separate units within one building. The layout supports independent occupancy for each unit, making it well suited for residential income use.
Located in Chicago’s Austin neighborhood, the property is described as being near local amenities, transportation, and neighborhood conveniences. Additional details and interior photos are available upon request.
For investors and owner-operators seeking a straightforward income property, this duplex-style configuration provides two distinct units under one ownership structure.
Located in Chicago’s Austin neighborhood, the property is described as being near local amenities, transportation, and neighborhood conveniences. Additional details and interior photos are available upon request.
For investors and owner-operators seeking a straightforward income property, this duplex-style configuration provides two distinct units under one ownership structure.
Key Highlights
- Two‑unit multifamily building with two separate units
- Year built: 1893
- Located in Chicago’s Austin neighborhood
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - For sale two-unit multifamily building with two separate units in Chicago’s Austin neighborhood.
Where is this duplex located?
The property is located at 646 North Lorel Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit multifamily building with two separate units; Year built: 1893; Located in Chicago’s Austin neighborhood
