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16-18 N Lorel Ave
Chicago, IL 60644 Austin

Price Upon Request

Apartments For Sale  •  17,525 SF

Property Details

  • Property Type Apartments
  • Total Building Size 17,525 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1927
  • Zoning RT-4
70 Transit Score
82 Walk Score

Highlights

All 23 units are currently leased, providing immediate and stable cash flow.
Situated in one of Chicago’s most vibrant and revitalizing communities, known for its cultural richness and urban renewal.
Easy access to public transportation, major roads, shopping centers, schools, and local attractions.
Generates impressive gross annual income, offering a compelling return on investment.

Amenities

  • Refrigerator
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Oak Park Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 3.1 mi
Grand/Cicero Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 3.4 mi
Transit/SubwayDriveWalkDistance
Laramie Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 13 min 0.7 mi
Central Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 13 min - 7.5 mi
Chicago O'Hare International 26 min - 14.5 mi