Corcoran Urban Real Estate
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20 Properties Within 0.5 miles of: 318 N Lorel, Chicago

318 N Lorel
Chicago, IL 60644

  • 12 Beds
  • Built In 1913
Price

$650,000

Est Payment
$4,061 / month (details)  
Taxes
$8,673  
Beds
12  
Rooms
20  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
50X125  
Built
1913  
Neighborhood
South Austin  
MLS
#12732359
Status
Active (11 days)

Property Description

WOW Solid red brick 4-unit building offering incredible opportunity for both investors or owner occupant. Each unit features 3bed/1bath with hardwood floors throughout, providing spacious desirable layouts. All units are currently vacant, making this a perfect value-add opportunity to set your own rents and customize for personal use. Ideal for a live-in owner looking to generate income while occupying one unit, or for an investor seeking strong rental potential. Property being sold "as is", offering the chance to update and maximize returns. Conveniently located near train transportation, restaurants, and everyday amenities, making it attractive for future tenants. Don't miss the versatile income-producing opportunity. Newer back staircase and Exterior parking spaces for 6 cars at rear of building. Your attention will make this one your best investment yet!

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Parking
5 Parking Spaces, Assigned, Unassigned, Yes, Owned, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-14-2026 Listed at $650,000
Last Modified 8/20/26 12:05 AM

Nearby Transportation

  • Bus 57 0.2 mi
  • Bus 85 0.3 mi
  • Bus 20 0.4 mi
  • Bus 66 0.6 mi
  • Bus 126 0.7 mi
  • Bus 54 0.7 mi
  • Bus 91 0.8 mi
  • Bus 7 0.9 mi
  • Bus 12 1.0 mi
  • Bus 86 1.1 mi
  • Bus 70 1.1 mi
  • Green Line 0.2 mi
  • I 290 West 1.0 mi
  • I 290 East 1.1 mi
  • I 90 East 4.5 mi
  • I 94 East 4.5 mi
  • I 90 West 4.5 mi
  • I 94 West 4.5 mi
  • I 55 South 4.7 mi
  • I 55 North 4.7 mi
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