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.

Bedrooms
2
4
Climate Control
Heating
Parking
Garage
Swimming Pool
Yes
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