Strong cash-flow opportunity in the rapidly appreciating Belmont Cragin neighborhood. This two-flat includes two finished residential units, each offering 2-bedroom plus layouts with separate utilities - minimizing expenses and simplifying management from day one. The property features hardwood floors, functional floor plans, and several newer appliances. A large unfinished attic creates significant value-add upside. The space may offer the potential for a duplex-up with the second-floor unit - the perfect opportunity to expand the existing living space or explore adding an additional unit for increased rental income. A two-car garage provides additional income potential. Located on a residential street with convenient access to public transportation, shopping, schools, and expressways, the property sits in a strong rental corridor with steady demand.
Listed By
Agency Name: Americorp, Ltd
Agency Phone: 773-585-5385
Shown By
Agent Name: Brad Benedict
Agent Phone: (815) 988-4286
Agency Title: Gambino Realtors
Estimated Payment
$ 2,435.52 per month $1,816.47 Principal & Interest $502.42 Property Tax $116.64 Homeowner's Insurance
2211 N Lorel Avenue | MLS# 12619966
This multi-family property located at 2211 N Lorel Avenue, Chicago, IL 60639 is currently listed for sale with an asking price of $399,900. N Lorel Avenue is located within the District 299 school district. Search Chicago real estate on bbenedict.gogambino.com today.