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$ 400,000
$ 399,900
Est. payment /mo
Sold on 09/16/2026
5200 S Lorel AVE Chicago, IL 60638
6 Beds
3 Baths
UPDATED:
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12724299
Sold Date 09/16/26
Bedrooms 6
Year Built 1917
Annual Tax Amount $5,389
Tax Year 2024
Lot Dimensions 3,750
Property Sub-Type Two to Four Units
Property Description
LOOK NO FURTHER! This property presents an excellent investment opportunity. This legal 2-unit building offers strong income potential and exceptional versatility. Each unit features spacious layouts filled with natural light. Unit 1 includes 2 bedrooms, 1 bath, and an eat-in kitchen. Unit 2 offers 3 bedrooms, 1 bath, and an updated kitchen. The property also features a fully finished attic, updated throughout, perfect for an in-law suite or extended living space. Ideal for both owner-occupants and investors looking to generate consistent rental income. Additional highlights include coin-operated laundry, providing extra income and help with the utility expenses. Conveniently located near schools, parks, shopping, and public transportation. Don't miss this opportunity to own a well-maintained multi-unit property with a solid structure and functional layout, an excellent addition to any investment portfolio. Schedule your showing today!
Location
State IL
County Cook
Area Chi - Garfield Ridge
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Paved
Roof Type Asphalt
Building
Lot Description Corner Lot
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by George Sierra of RE/MAX LOYALTY
Bought with Maribel Chacon-Torres of HomeSmart Connect LLC
Bought with Maribel Chacon-Torres of HomeSmart Connect LLC
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