622 North Lorel Avenue

Chicago, IL 60644

$147,500
Last Sold Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Calling all Investors -- this charming two flat has great cash flow -- $24,600/year. OWNER SAYS MAKE AN OFFER within reason) Pricing below market value for a quick sale! Separate utilities. Can close quick! Proof of Funds MUST be submitted with ALL OFFERS. Sold As/Is, Cash/Conventional ONLY! No showings due to covid and tenants are not to be disturbed. Property is being sold as-is so calling all investors as rents are current and market rents -- Leases are through November, 2021.Calling all Investors -- this charming two flat has great cash flow -- $24,600/year. OWNER SAYS MAKE AN OFFER within reason) Pricing below market value for a quick sale! Separate utilities. Can close quick! Proof of Funds MUST be submitted with ALL OFFERS. Sold As/Is, Cash/Conventional ONLY! No showings due to covid and tenants are not to be disturbed. Property is being sold as-is so calling all investors as rents are current and market rents -- Leases are through November, 2021.
  1. Listed by Jeanne Keating • @properties

Sold By 5i5j Realty Co. Ltd.

Property Details for 622 North Lorel Avenue

Area
CHI - Austin
Township
West Chicago
Ownership
Fee Simple
Num Of Cars
0.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

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LISTING UPDATED: 08/21/2021 02:05 PM

Property Details for 622 North Lorel Avenue

StatusClosed
MLS #10992504
Days on Market190
Taxes$2,983 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1890
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

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Building Information for 622 North Lorel Avenue

Stories-Residences2Year Built1890Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$1,054 per month

30 year fixed, 7.25% Interest

Principal and Interest

$805

Property Taxes

$249

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 622 North Lorel Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms (Below Grade): 0
  • Basement Type: Full, Walkout
  • Bedrooms Possible: 5
  • Basement Description: Unfinished, Exterior Access
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2018
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Frame
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 622
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 5332
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 2
  • Document Date: 2021-02-10T22:54:19
  • Photos Count: 10
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 02-11-2021
Multi Family
Income & Expenses
  • Gross Income: $24,600.00
Unit 1
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 5
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: None
  • Lease Exp Date (Mo/Yr) - Unit 1: 10-21-2024
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: All
Unit 2
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 6
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: None
  • Lease Exp Date (Mo/Yr) - Unit 2: 11-21-2024
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: All

Property History for 622 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 622 North Lorel Avenue

Taxable ValueLand$3,182Additions$5,817Total$8,999
Tax Record2022$1,851 ($154 / month)
Home Facts
Baths2Total Finished SqFt2,238 SqFtAbove Grade Finished SqFt2,238 SqFtStories2Lot Size3,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN16-09-110-032

Schools near 622 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 - K to 8
Public - 9 to 12
Rating
School
Distance
Howe Elementary School
PublicPK to 8

Orr Academy High School
Public9 to 12

Moving Everest Charter School
CharterK to 8

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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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 @properties

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.