$399,900
 $2,147 est/mo Sourced by Back At You

5200 S Lorel Avenue,Chicago, IL 60638

Chicago, IL 60638

Share:

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!

Details

MLS #12724299
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1917
Days On Site36
Listing Provided ByRE/MAX LOYALTY | George Sierra

Features

Bed(s)6
Bath(s)3
ZoningMULTI

Interior

Rooms Total15
HeatingNatural Gas

Exterior

RoofAsphalt
Lot FeaturesCorner Lot
Construction MaterialsVinyl Siding
Patio And Porch FeaturesPatio
FencingFenced

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Sidewalks, Street Paved

Taxes

Tax Year2024
Tax Annual Amount5389.41

Area Information

StateIL
CountyCook
CityChicago
Zip Code60638
AreaCHI Garfield Ridge
Listing VS Median (in 60638)
Price:
$399,900
low | high
Med:
$349,700
62.553138284571% of Average
On site:
36
low | high
Med:
20
100% of Average
Sourced by Back At You

Market Activity 60638

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Daniel & Associates Real Estate at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.

Contact

Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60638
AreaCHI Garfield Ridge
Listing VS Median (in 60638)
Price:
$399,900
low | high
Med:
$349,700
62.553138284571% of Average
On site:
36
low | high
Med:
20
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $499K
sqft: 0 - 0
Listing Updated: September 2, 2026 at 2:47:11 PM PDT
Real Estate Links Our Domains