2059 North Lorel, Chicago IL 60639
$495,000

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Property Description

Fantastic opportunity of an updated, turn-key 2-unit building that is perfect for both investment or owner occupancy! This fully updated property offers modern comfort and strong income potential, making it an exceptional find. The building features a total of 6 bedrooms and 2.5 bathrooms with stylish finishes throughout. Each unit boasts a bright, open-concept living area that flows seamlessly into a modern kitchen, complete with new cabinetry, granite countertops, and stainless steel appliances. The updated bathrooms feature contemporary fixtures and a clean, elegant design. Located just minutes from shopping, restaurants, and public transit, this property combines convenience with quality. Whether you're seeking a move-in-ready home with rental income or a valuable addition to your portfolio, this turn-key building delivers both style and value. Additionally, each apartment comes with its own separate laundry facilities, newer gas forced-air furnace, and A/C. Separate utilities for both units, a large yard, and a 2-car garage add to the property's appeal. Don't miss out on this great opportunity to own a beautifully maintained 2-unit building in Belmont Cragin. For showings, please feel free to text the listing agent.

Features & Information

Key Details

  • List Price $495,000
  • Property Taxes $4,433
  • Price/ Sq. Ft. Unavailable
  • Year Built 1908
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 12
  • Basement N

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Aluminum Siding,Fiber Cement
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property Lorel Ave. Half Block North Of Grand Ave
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 4433
  • Tax Year 2023
  • Parcel Identification Number 13331100260000

Utilities

  • Sewer Sewer-Publ

Listed by: Charles Rutenberg Realty of IL | Phone: 630.929.1100
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/12/2026 10:32 PM. 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.

Explore Craigin

A Chicago community spawned from a burst of manufacturing and industry, Cragin is transforming into a family-friendly residential neighborhood with modest homes, landscaped yards and tree-filled parks. On the dining front is a throng of different cuisines. Get your pizza and burrito fix on the same street, or pop in for a Polish sausage or Asian noodle dish a few doors down from each other. Cragin's nightlife is limited to a few neighborhood watering holes, but that seems to be enough to satisfy the local clientele. Regulars like to gather at the Polish bars which you can't miss with names like Rzeszowska Club and Stokrotka Lounge. Cragin's Polish heritage is seen throughout the community in the independent booksellers, video stores, bakeries and gift shops.

Read More About Cragin...

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