No Photos
Image 1 - 226-228 N Lorel Ave, Chicago, Illinois, 60644 - House for sale
Image 2 - 226-228 N Lorel Ave, Chicago, Illinois, 60644 - House for sale
Image 3 - 226-228 N Lorel Ave, Chicago, Illinois, 60644 - House for sale
Image 4 - 226-228 N Lorel Ave, Chicago, Illinois, 60644 - House for sale
Image 5 - 226-228 N Lorel Ave, Chicago, Illinois, 60644 - House for sale
Image 6 - 226-228 N Lorel Ave, Chicago, Illinois, 60644 - House for sale
Image 7 - 226-228 N Lorel Ave, Chicago, Illinois, 60644 - House for sale
Image 8 - 226-228 N Lorel Ave, Chicago, Illinois, 60644 - House for sale
Image 9 - 226-228 N Lorel Ave, Chicago, Illinois, 60644 - House for sale
Home For Sale In Chicago, Illinois
226-228 N Lorel Ave, Chicago, Illinois, 60644

Home For Sale In Chicago, Illinois

house for sale
Listed: 06/23/24

226-228 N Lorel Ave, Chicago, Illinois, 60644

8 Bed:
4 Bath:
5,000 Sq Ft Living Area:
Save
Price
$ 525,000

About This House

Located in the bustling community of Austin, a Chicago neighborhood, close to Columbus Park, a 140 acres featuring prairie like meadows, a golf course, outdoor theatre and a designated National Historic Landmark! Large and Exceptionally Solid, Legal Multi-Family 4 Unit building w/full basement {accessible from the front/rear of the building} is a great turnkey investment that can be purchased immediately, fully leased with monthly rent of$4, 821! Renovated in2016/2017; Electricity:200 amp service, conduits and wiring, new masthead and meters, outlets and switches, updated light fixtures throughout whole building, 5 circuit breaker boxes; Plumbing: waste/drain lines, gas lines/meters and water supply copper piping, fixtures and vanities; 4 individual High Efficiency Furnaces and ACs, 5 Water Heaters; Kitchen/Bathrooms: tiles/hardwood wood-refinished, cabinets and …  Full description

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$549,000

8
4
4,200 Sq Ft

$549,000

Available: Right Now

Listed: 25/06/2024

700 N Laramie Ave, Chicago, Illinois, 60644

House
8
4
4,200 Sq Ft

This is a fantastic 4-flat building with spacious 2-bedroom, 1-bathroom units, including an in-law basement unit. It features recent updates, including new individual HVAC units. Investors and owner-occupiers alike will appreciate the income potentia...

$509,000

8
4

$509,000

Available: Right Now

Listed: 27/06/2024

124 N Menard Ave, Chicago, Illinois, 60644

House
8
4

This investment opportunity presents a well-maintained all-brick 4-flat building generating $60k in annual rental income from Section-8 tenants. Each of the four 2-bedroom, 1-bathroom units includes a separate basement for tenant storage and washer/d...

$450,000

8
3
2,400 Sq Ft

$450,000

Available: Right Now

Listed: 21/06/2024

1442 S 50th Ct, Cicero, Illinois, 60804

House
8
3
2,400 Sq Ft

Discover a great opportunity in Cicero! This property includes two flats that are ready to move in. The upper unit has five beds, two baths, and a versatile dem space. The flexibility of the layout allows for in-law arrangements, office space, and gu...

$550,000

Available: Right Now

Listed: 23/06/2024

3537 West Jackson Boulevard, West Side, Chicago

Apartment
8
3

Apartment for sale in/on/near 3537 West Jackson Boulevard, West Side, Chicago. The price for this apartment is $550,000. This 8 bedroom apartment features 3 bathroom. Contact the agent to schedule an open house....

$450,000

Available: Right Now

Listed: 27/06/2024

3514 W Lexington St, Chicago, Illinois, 60624

House
8
5

This Beautiful and Spacious Graystone is aMUST SEE.The second floor has 4 ample size bedrooms with 2 full size baths. The spacious 1st floor has 3 bedrooms on the main floor with an additional bedroom in the finished basement. The Basement has a full...

$615,000

8
3

$615,000

Available: Right Now

Listed: 27/06/2024

2158 N Moody Ave, Chicago, Illinois, 60639

House
8
3

Beautiful all brick 2 unit building with a new tear off roof, new gutters, all new copper plumbing plus a full finished basement with 2 bedrooms 1 bath and summer kitchen for the in laws. both units are in great condition and feature 3 true big be...

Austin Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Austin, Chicago, United States averaged $336,468, a decrease of 2.6% from the previous month.
Median price trends for properties for sale in Austin, Chicago, United States as of May 2024.

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.