2211 N Lorel Avenue, Chicago, IL

$399,900

Overview

  • 260221
  • Property ID
  • Updated On:
  • April 15, 2026
  • 4
  • Bedrooms
  • 2
  • Bathrooms

Description

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.

Bathrooms
2
Bedrooms
4
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Aluminum Siding
Cable Available
Curbs
Detached
Forced Air
Garage Owned
Gated
Lake Michigan
Natural Gas
Public
Public Sewer
Sep Heating Systems - 2+
Sidewalks
Street Lights
Street Paved
Vinyl Siding

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$2,050.37
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,550.49

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Information for the property at 2211 N Lorel Avenue, Chicago, IL, 60639 (Property ID: 260221) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi