$303,850
●
House -
Off Market
2251 N Lorel Avenue
Chicago, IL 60639
3 Beds
2 Baths
1,600 Ft²
$330,512
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
You have found your home! Bright and spacious in a GREAT LOCATION,
this 3 bedroom, 2 bathroom house is updated and ready to be enjoyed
for entertaining, hosting holidays, and being home for generations
to come. The upstairs has 3 bedrooms and a full bathroom. The
primary bedroom upstairs has a wall to wall closet! Replacement
windows allow sunlight to pour in to the big bedrooms. The main
level has a comfortable living room, specious dining room, and an
updated kitchen. There is also another full bathroom. Step outside
to your beautiful deck with room for grilling, furniture, or just
space for gathering. Located conveniently to public transportation
and main streets including Grand, Fullerton, and Central. Nearby
schools and parks, including Hanson Elementary, Park, and Stadium.
Be part of the growth in the community where the Chicago Fire
Soccer team has broken ground on a new youth community center in
the neighborhood! Call today!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1895
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11255468)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2021 | Sold | ||
| Sold | |||
| Oct 26, 2021 | Listed by RLTR MBA, Inc. | $300,000 | |
| Listed by RLTR MBA, Inc. | |||
| Oct 2, 2021 | No longer available | - | |
| No longer available | |||
| Sep 9, 2021 | No longer available | - | |
| No longer available | |||
| Sep 8, 2021 | Listed by Real People Realty | $325,000 | |
| Listed by Real People Realty | |||
| | |||
|
Beautiful 3 bedroom move in ready home in Belmont Cragin area with nice open layout and updated kitchen and baths. Every bedroom has a juliet balcony. Ceiling fans, hardwood floors and recessed lights throughout home with tons of storage. All appliances are staying. Patio doors lead to your nice size deck and yard. Unfinished full basement is an open canvas waiting for your ideas. This home is in move in condition, literally just need to unpack & enjoy. Close to schools, shopping and transportation! The manager has listed the unit size as 1600 square feet.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northwest Side
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Listed by: Christopher Doyle, RLTR MBA, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11255468
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 listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11255468
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