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Sold on 06/29/2016
Cedrick Hunter of Hunter's Realty, Inc.

1540 N Lorel Ave, Chicago, IL 60651

$493,000

Last sold 06/29/2016 for $255K

  • 10

    bed

  • 4

    bath

Multi-family not for sale
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About 1540 N Lorel Ave

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Movoto estimate
Parking 3 garage spaces
Property description
4 units for the price of two.. .. Solid brick legal income producing 4 flat with a full open basement 2-3bdrm apartment and 2-2bdrm apartments. All appliances stay. Separate utilities throughout. Nice patio in rear and 3 car garage. Coin laundry in lower level. Priced to move!! ! Can be packaged with other income producing assets see agent remarks
Listed by
Listing Agent - Cedrick Hunter
Listing Office - Hunter's Realty, Inc.
Source: MRED mls logo
MLS#09188388 • last updated 10 years ago
Movoto checked MRED for data 18 minutes ago
Overview
Heating Gas, Forced Air, 2+ Sep Heating Systems
MLS # 9188388
Type Two To Four Units
Property Tax $ 2933.64
Year Built 1923
Interior
Basement Finished, Full
Total # of Rooms 16
Exterior
Exterior Brick
Parking Desc Garage
# Parking Spaces 3
Garage Desc Detached
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Sewer-Public
Water Source Lake Michigan
Location
Community Features Curbs/Gutters, Sidewalks, Street Lights, Street Paved
County Cook
High School District 299
Elementary School District 299
Middle School District 299
Directions NORTH AVE TO LOREL SOUTH TO PROPERTY
APN 16041040210000
Zoning MULTI
Multifamily Details
Unit 2: Interior Features Stove, Refrigerator
Unit 3: Interior Features Stove, Refrigerator
Unit 1: Interior Features Stove, Refrigerator
Unit 4: Interior Features Stove, Refrigerator
Unit 4: Tenant Pays All
Unit 3: Tenant Pays All
Unit 2: Tenant Pays All
Unit 1: Tenant Pays All
Unit 3: Rent 900
Unit 2: Rent 750
Unit 3: Total # of Rooms 4
Unit 1: Total # of Rooms 4
Unit 4: Total # of Rooms 5
Unit 2: Total # of Rooms 5
Unit 4: Rent 1000
Unit 4: # of Bedrooms 3
Unit 3: # of Bedrooms 2
Unit 2: # of Bedrooms 3
Unit 1: # of Bedrooms 2
Unit 4: Security Deposit N
Unit 2: Security Deposit N
Unit 1: Security Deposit N
Unit 3: Security Deposit N
$493K
Range: $354K-$631K
Last 30 days 
  • Jun 2016
    Public Records
  • Jun 30, 2016 Sold
    $255,000
  • Jun 2016
    mls logo MLS # 09188388
  • Jun 29, 2016 Sold
    $255,000
  • Apr 14, 2016 Pending
    —
  • Apr 14, 2016 Price Change
    $255,000 (+4.1%)
  • Apr 7, 2016 Listed
    $244,900 (-2.0%)
  • Sep 2015
    mls logo MLS # 08683726
  • Sep 11, 2015 Cancelled
    —
  • Feb 27, 2015 Pending
    —
  • Jul 25, 2014 Listed
    $249,900 (+208.5%)
  • May 2012
    mls logo MLS # 07973514
  • May 10, 2012 Sold
    $81,000 (-4.6%)
  • Jan 11, 2012 Listed
    $84,900 (-34.2%)
  • Apr 2011
    mls logo MLS # 07729544
  • Apr 27, 2011 Cancelled
    —
  • Feb 11, 2011 Listed
    $129,000 (-69.6%)
  • Feb 2009
    mls logo MLS # 06999505
  • Feb 20, 2009 Expired
    —
  • Aug 19, 2008 Listed
    $425,000 (+15.8%)
  • Feb 2005
    Public Records
  • Feb 10, 2005 Sold
    $367,000
  • Year Property taxes Tax assessment
  • 2023
    $6,052 +3.0%
    $32,000
  • 2022
    $5,878 +2.0%
    $32,000
  • 2021
    $5,765 +43.8%
    $32,000 +51.67%
  • 2020
    $4,009 -2.9%
    $21,098 -12.0%
  • 2019
    $4,128 +1.7%
    $23,976
  • 2018
    $4,057 -9.5%
    $23,976 -0.97%
  • 2017
    $4,485 +3.1%
    $24,211
  • 2016
    $4,349 +9.9%
    $24,211
  • 2015
    $3,956 +34.8%
    $24,211
  • 2014
    $2,934 -7.8%
    —
  • 2013
    $3,181
    —
  • 1540 N Lorel Ave
    $255K
  • Austin
    $348K +8% y/y
  • 60651
    $350K -11% y/y
  • Chicago
    $369K +3% y/y
No chart available
Statistics calculated by Movoto

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2/10
Young Elementary School
public Grades PK, K-8
Chicago Public Schools
1/10
Orr Academy High School
public Grades 9-12
Chicago Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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