$509,000
$11K PRICE DROP

Estimated payment $2,975/month

Total Views 6,588
7 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Welcome to 233 N Lorel Ave, a beautifully renovated 2-unit building done with city approved plans and permits. 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

Last Listed By

Steve Budzik

ICandy Realty LLC License #471018356 Listed on: 03/05/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,582

Year Built

Built in 1893 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 509000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Other, On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 3,276
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1582.2
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

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

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $509,000 -1.2% --
04/12/2025 04/12/25 Price Changed $515,000 -1.0% --
03/22/2025 03/22/25 For Sale $520,000 0.0% --
03/13/2025 03/13/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $520,000 0.0% --
03/05/2025 03/05/25 Price Changed $520,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed -- Stewart Title Of Illinois
Legal Action Court Order -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $95,000 Construction
Closed $110,000 Construction
Open $218,500 Stand Alone First
Closed $171,000 Unknown
Closed $99,466 Unknown
Closed $24,867 Stand Alone Second
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12260343

Midwest Real Estate Data (MRED)

APN: 16-09-311-003-0000