1831 N Lorel Avenue Chicago, IL ^$ 549,000

1831 N Lorel Avenue

^$ 549,000

Back to search

1831 N Lorel Avenue

Chicago, IL, 60639

^$ 549,000

Studio Baths0.0 Sq 6,700

Monthly Estimate*

^$ 3,649

1831 N Lorel Avenue, Chicago, IL 60639 - Image 1

1831 N Lorel Avenue, Chicago, IL 60639 - Image 2

1831 N Lorel Avenue, Chicago, IL 60639 - Image 3

Studio

Commercial Property for sale in Chicago, IL

for $549,000. This 6,700 square foot building was built in 1957 on a lot size of 0.172176.

Second generation business owner retiring and selling building with business. Business value is included in sale of property. Located in the Galewood Industrial Corridor, just blocks from band new North Austin Center, a multi-million dollar sports complex, the subject building has newer roof LED lighting and fenced parking. Business is a family-owned, well-established zinc die casting company with stable customer base. For financial details and / or showing call listing broker. Do not disturb occupants.

Commercial Contingent

Price

^$ 549,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,799

Style

Industrial

Lot Size

0.172176

Year Built

1957

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11713327

Features

General

Cooling Office Only

Possession Negotiable

Roof Membrane

Zoning INDUS

Construction Materials Brick

Year Built 1957

Electric Over 600 Amps

Tenant Pays Varies by Tenant

Stories 1

Property SubType Manufacturing / Warehousing

Tax Year 2021

Current Use Industrial

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Contingency Other Contingency

Status Contingent

Directions Cicero Ave to Bloomingdale Ave (1800 N.) ; Bloomingdale west to Lorel Ave; North on Lorel to end of cul-de-sac.

City Chicago

MLS Area CHI - Austin

Lot Size Square Feet 7500

Street Name Lorel

Tax Annual Amount 11799

Additional Parcels Y/N Y

Leasable Area 6700

Days on Market 452

Standard Status Active Under Contract

Exterior

Building Area Total 6700

Lot Dimensions 60' X 125.42'

Interior

Street Suffix Avenue

* Excluded Features

List By

Strauss Realty Ltd

Broker

debsmith56@aol.com;deborah@straussrealty.com

Affordability Calculator

$4,632

Per Month

Monthly Principal & Interest: $3,649
Monthly Property Taxes: $983
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$846,172

Percent of Sale Price 54%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/9/2023	$549,000	-8.35%	Price Down
2/6/2023	$599,000		Listed Price

Map

More homes like this one

homes for you

See all

1831 N Lorel Avenue, Chicago, IL, 60639 is a Commercial Property for sale at $549,000 with 6,700 sqft and a lot size of 0.172176. 1831 N Lorel Avenue is a studio with 0.0 baths and was built in 1957. The property's zip code is 60639 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/1/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1831 N Lorel Avenue

Commercial Property for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home