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12 Beds
4 Baths

$599,000

318 N Lorel Avenue, Chicago IL, 60644

Built in1913
Property typeMulti-family
Listed by Sherry Apollo with xr realty 773-234-8155

Overview

Active

Re-activated

Listed Aug 13, 2026

Updated 35h ago

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!

$3,985/mo

Est. mortgage payment based on a $599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12732359

Interior Features

Bedrooms
12
Bathrooms
4
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$8,673
Tax Frequency
Annually
MLS provider logo

Listed by Sherry Apollo with xr realty 773-234-8155

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Colleen C. Wilcox are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:53 AM UTC on 10/12/2026. 

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