233 N Lorel Ave Chicago, IL 60644
Austin NeighborhoodEstimated payment $2,793/month
About This Home
Welcome to South Austin, lots of new construction and commercial building is going up. A hot pocket in the city of Chicago. A beautifully renovated 2-unit building done with city approved plans and permits. Perfect for house hacking where you can live in one unit and rent out the other. This was a complete full gut renovation. Offering modern elegance and stylish finishes throughout! 1st fl unit is a duplex down featuring 4 beds 2 1/2 baths, meticulously designed living space and flow to the unit. The sleek, gorgeous kitchen and baths showcase high-end finishes, perfectly aligning with today's hottest home trends. The 2nd fl unit features 3 beds 1 full bath, front to back open layout and sleek design. Conveniently located near public transportation, including bus and train services, as well as fantastic dining, entertainment, and shopping options. Whether you're an investor or looking for a multi-family living opportunity, this property is a true gem you don't want to miss! Concrete work to be finished once weather allows. 2 car parking pad in the back. Everything has been redone and brought up to city code
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,582
Year Built
- Built in 1893 | Remodeled in 2025
Home Design
- Asphalt Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Parking
- 1 Parking Space
- Off-Street Parking
- Parking Included in Price
Additional Features
- Basement Fills Entire Space Under The House
- 3,485 Sq Ft Lot
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,582 | $13,600 | $3,931 | $9,669 |
| 2023 | $839 | $7,500 | $3,112 | $4,388 |
| 2022 | $839 | $7,500 | $3,112 | $4,388 |
| 2021 | $838 | $7,499 | $3,112 | $4,387 |
| 2020 | $2,153 | $12,767 | $2,784 | $9,983 |
| 2019 | $2,161 | $14,186 | $2,784 | $11,402 |
| 2018 | $2,124 | $14,186 | $2,784 | $11,402 |
| 2017 | $2,094 | $13,103 | $2,457 | $10,646 |
| 2016 | $2,124 | $13,103 | $2,457 | $10,646 |
| 2015 | $1,920 | $13,103 | $2,457 | $10,646 |
| 2014 | $1,757 | $12,038 | $2,293 | $9,745 |
| 2013 | $1,711 | $12,038 | $2,293 | $9,745 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $504,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | -- | Stewart Title Of Illinois | |
| Legal Action Court Order | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $95,000 | Construction | |
| Closed | $110,000 | Construction | |
| Closed | $20,000 | No Value Available | |
| Previous Owner | $35,000 | Construction | |
| Previous Owner | $218,500 | Stand Alone First | |
| Previous Owner | $171,000 | Unknown | |
| Previous Owner | $99,466 | Unknown | |
| Previous Owner | $24,867 | Stand Alone Second |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12456460
APN: 16-09-311-003-0000
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