NOT LISTED FOR SALE

2206 N Lorel Ave Chicago, IL 60639

Cragin Neighborhood
3 Beds
3 Baths
-- Sq Ft
1898 Built

Sale Details

Date Sold: December 3, 2025

Last sale price $300,000

6 Days on Market

About This Home

As of December 2025

Great location! The property needs wok but it is ideal for someone looking to live in one unit and generate rental income from the other. Near shopping, schools and public transportation. NOT FHA LOANS, CONVENTIONAL OR CASH ONLY. SOLD AS-IS.

Last Agent to Sell the Property

Elena Iniguez

HomeSmart Connect LLC License #475126269 Listed on: 10/01/2025

HomeSmart Connect LLC

Last Buyer's Agent

Arpan Patel

Keller Williams Premiere Properties License #475177691

Keller Williams Premiere Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,889

Year Built

  • Built in 1898

Parking

  • 2 Car Detached Garage
  • Parking Available

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Crawl Space
  • Lot Dimensions are 25x125

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,889

Year Built

Built in 1898

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25x125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2889
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2025
Closed on
Dec 3, 2025
Sold by
Bought by
Seller's Agent
Elena Iniguez
HomeSmart Connect LLC
Buyer's Agent
Arpan Patel
Keller Williams Premiere Properties
List Price
$314,900
Sold Price
$300,000
Premium/Discount to List
-$14,900
-4.73%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,450
Interest Rate
0.0619%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 19, 2012
Closed on
Apr 13, 2012
Sold by
Bought by
Seller's Agent
Marek Prus
RE/MAX City
Buyer's Agent
Francisco Diaz
Diaz Homes Realty
List Price
$56,900
Sold Price
$60,000
Premium/Discount to List
$3,100
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
0.0712%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Chicago Title Insurance Compan
$60,000 First American Title Ins Co
-- None Available
-- Synergy Title Services Llc
-- --
$132,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $363,450
Previous Owner $185,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 Sold $300,000 -4.7% --
10/07/2025 10/07/25 Pending -- -- --
10/01/2025 10/01/25 For Sale $314,900 +424.8% --
04/23/2012 04/23/12 Sold $60,000 +17.2% -- View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
03/23/2012 03/23/12 Price Changed $51,200 -10.0% --
03/19/2012 03/19/12 For Sale $56,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,889 $22,001 $5,828 $16,173
2024 $2,889 $22,001 $5,828 $16,173
2023 $2,795 $17,000 $4,725 $12,275
2022 $2,795 $17,000 $4,725 $12,275
2021 $2,750 $17,000 $4,725 $12,275
2020 $2,835 $15,823 $3,937 $11,886
2019 $3,009 $18,399 $3,937 $14,462
2018 $2,958 $18,399 $3,937 $14,462
2017 $3,290 $18,648 $3,465 $15,183
2016 $3,237 $18,648 $3,465 $15,183
2015 $2,938 $18,648 $3,465 $15,183
2014 $1,533 $10,824 $3,150 $7,674
2013 $1,491 $10,824 $3,150 $7,674
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Elena Iniguez

    The McDonald Group

    (773) 718-3565

    4 in this area

    27 Total Sales

    Elena Iniguez
    Section Image
  • Arpan Patel

    Buyer's Agent in 2025

    Arpan Patel

    Keller Williams Premiere Properties

    (630) 788-3246

    1 in this area

    21 Total Sales

    Arpan Patel
    Section Image
  • Marek Prus

    Seller's Agent in 2012

    Marek Prus

    RE/MAX

    (773) 719-2071

    196 Total Sales

    Marek Prus
    Section Image

  • F

    Buyer's Agent in 2012

    Francisco Diaz

    Diaz Homes Realty

    (773) 593-7203

    4 in this area

    110 Total Sales

    Francisco Diaz
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12485120

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60639 Cragin

2206 N Lorel Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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