1326 North Lorel Avenue

Chicago, IL 60651

$425,000
Last Sold Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Hot north austin area, great investment opportunity or cash in while you live in the property. Huge 2 flat, brick building, approximately 1500 sf per unit; total of 6 bedrooms with large enclosed porch, 2 brick car garage plus one exterior paring space next to it. Totaly rehabbed property: new electric thru out, including 200amp electric service, new central air and high efficiency furnaces, 2 new water heaters, new kitchen with ss appliances, quartz countertops, combo bathrooms with tub& separate...Hot north austin area, great investment opportunity or cash in while you live in the property. Huge 2 flat, brick building, approximately 1500 sf per unit; total of 6 bedrooms with large enclosed porch, 2 brick car garage plus one exterior paring space next to it. Totaly rehabbed property: new electric thru out, including 200amp electric service, new central air and high efficiency furnaces, 2 new water heaters, new kitchen with ss appliances, quartz countertops, combo bathrooms with tub& separate shower, hardwood floors, new drywall throughout, oak front stair case refinished, tuck-pointing done, windows replaced, new siding in the rear, commercial gutters, roof was updated and silver coated, plumbing is all ready for washer/dryer in the basement. Minutes to walmart, movie theater, la follette park, few blocks to elementary schools, wonder works children's museum, and the frank lloyd wright home & studio. Solid building that won't require any work for long time Tenants pay for the hot water, gas usage(heat& cooking gas), and electric. Owner pays for the electric of the common area, cold water/sewer & usage of the laundry machines. All work was done with permits!
  1. Listed by Dana Surcel • Onix Realty, Inc.

Sold By Habloft LLC

Property Details for 1326 North Lorel Avenue

Area
CHI - Austin
Township
West Chicago
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Radiator(s)

Location

Add your commute
LISTING UPDATED: 05/05/2021 10:36 AM

Property Details for 1326 North Lorel Avenue

StatusClosed
MLS #10995005
Days on Market43
Taxes$4,297 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1922
Lot Size0.10 AC / 4,356 SF
CountyCook County

Location

Add your commute

Building Information for 1326 North Lorel Avenue

Stories-Residences2Year Built1922Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$2,677 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$358

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1326 North Lorel Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Separate Shower,Soaking Tub
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Partially Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2020
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 33X124
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 1326
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 5332
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Cash
  • Public Document Count: 3
  • Document Date: 2021-02-13T04:13:59
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $350.00
  • Gross Income: $45,900.00
  • Insurance Expense: $1,500.00
  • Electric Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Other Addl Income: Coin Laundry
  • Water Expense Source: Owner Projection
  • Net Operating Income: $37,650.00
  • Water Sewer Expense: $1,500.00
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 8
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Hardwood Floors, Fireplace-Artificial
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric, Gas, Heat, Parking
Unit 2
  • Unit Type Actual Rent: $1,875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 8
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Garage/Space, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 2: 10-21-2024
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: Electric, Gas, Heat, Parking

Property History for 1326 North Lorel Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1326 North Lorel Avenue

Taxable ValueLand$4,488Additions$20,512Total$25,000
Tax Record2022$5,142 ($429 / month)
Home Facts
Baths3Total Finished SqFt2,956 SqFtAbove Grade Finished SqFt2,956 SqFtStories2Lot Size4,488 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyCOOKAPN16-04-118-026

Schools near 1326 North Lorel Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Young Elementary School
PublicPK to 8

Orr Academy High School
Public9 to 12

YCCS West
Charter9 to 12

Banner West Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Onix Realty, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/05/2021 10:36 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.