Exceptional Remodeled Multi-Unit Property- Welcome to an outstanding investment and living opportunity in the heart of Belmont Cragin! This beautifully remodeled and refreshed multi-unit property offers exceptional versatility, modern finishes, and rare potential for expanded living space. Perfect for an owner-occupant seeking rental income, multi-generational living, or a savvy investor looking for a turn-key property with upside potential. The first floor consists of two bedrooms and one bath freshly painted interior, newly installed interior doors, updated kitchen and bathroom cabinetry, and brand-new kitchen countertops. The second floor consists of three bedrooms, one bath, remodeled kitchen, separate dining room, and separate living room The kitchen features premium new quartz countertops, new stainless steel refrigerator and microwave, updated cabinetry, a newly remodeled bathroom, fresh paint, and new doors throughout. Third-Floor Flexible Space / Duplex-Up Potential: Layout: 2 Additional Bedrooms | Spacious Living Area | 1 Full Bathroom Freshly painted and ready for immediate use. This floor can serve as an expansive recreational/entertainment retreat or be seamlessly integrated with the second-floor unit to create a massive, multi-level five bedroom unit. There is an enclosed parking pad within the fully fenced yard that easily accommodates two vehicles. Hurry!!!
Property Details
Price:
$450,000
MLS #:
MRD12774440
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
chibelmontcragin
Listed Date:
Oct 1, 2026
Year Built:
1896
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air, Baseboard
Exterior
Community Features
Park, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick
Parking Features
Off Alley, Yes, Owned
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$6,834
Map
Community
- Address2238 N Lorel Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60639
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 07, 2026
1,357
Multi Family Listed
77
Avg DOM
$530,506
Avg List Price
Property Summary
- 2238 N Lorel Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60639. It is listed for $450,000
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Copyright 2026. All rights reserved.
2238 N Lorel Avenue
Chicago, IL


