NOT LISTED FOR SALE

2255 N Lorel Ave Chicago, IL 60639

Cragin Neighborhood
6 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold October 21, 2021

Last sale price $365,000

4 Days on Market

About This Home

As of October 2021

Chicago 2 Flat FOR SALE...Belmont Cragin Neighborhood. $29,140.85 Net Operating Income...Listed for 8.33% Cap Rate. This 2 Flat is a Great Money Maker With a 2 Bedroom 1 Bath and a 4 Bedroom 2 Bath Duplexed Up Unit. Duplexed unit has In-Unit Laundry and Separate Heating and Central Air Conditioning. Parking Pad in the Back. Highest and Best Deadline 9/13/2021 12:30pm

Last Agent to Sell the Property

Goran Utvic

HomeSmart Connect LLC License #475132942 Listed on: 09/08/2021

HomeSmart Connect LLC

Last Buyer's Agent

Stephanie Pagone

Compass License #475169581

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,294

Year Built

  • Built in 1895

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $144
  • Insurance Expense $2,221
  • Net Operating Income $29,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,294

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 350000
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 29140
  • Insurance Expense: 2221
  • ElectricExpense: 144
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4294.15
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $365,000 +4.3% --
09/13/2021 09/13/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $350,000 +34.6% --
02/07/2020 02/07/20 Sold $260,000 0.0% --
01/14/2020 01/14/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $260,000 0.0% --
12/02/2019 12/02/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $260,000 +36.8% --
09/24/2013 09/24/13 Sold $190,000 +0.1% --
08/22/2013 08/22/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $189,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Goran Utvic

    Seller's Agent in 2021

    Goran Utvic

    The McDonald Group

    (312) 217-4354

    5 in this area

    40 Total Sales

    Goran Utvic
    Section Image
  • Stephanie Pagone

    Buyer's Agent in 2021

    Stephanie Pagone

    Compass

    (847) 791-0924

    1 in this area

    93 Total Sales

    Stephanie Pagone
    Section Image
  • Cirenio Jimenez

    Seller's Agent in 2020

    Cirenio Jimenez

    Compass

    (773) 484-3218

    124 Total Sales

    Cirenio Jimenez
    Section Image
  • Jose Campoverde

    Seller's Agent in 2013

    Jose Campoverde

    Chicagoland Brokers, Inc.

    (773) 991-7794

    32 Total Sales

    Jose Campoverde
    Section Image

  • G

    Buyer's Agent in 2013

    Gabriel Abarca

    Elite Realty Network LLC

    (773) 406-8552

    2 in this area

    63 Total Sales

    Gabriel Abarca
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11211988

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

2255 N Lorel Ave, Chicago, IL

This home is located at 2255 N Lorel Ave, Chicago, IL 60639 since 08 September 2021. This property was built in 1895. 2255 N Lorel Ave is a home located in Cook County with nearby schools including Hanson Park Elementary School, Foreman College and Career Academy, and Christopher House.

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) Based on information submitted to the MLS GRID. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes