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5200 S Lorel Avenue, Chicago, IL 60638

Chicago
Local realty services provided by:CENTURY 21 New Beginnings
5200 S Lorel Avenue,Chicago, IL 60638
$389,900
  • 6 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: george sierra
Office: re/max loyalty
MLS#:12614733
Source:MLSNI

Price summary

  • Price:$389,900

About this home

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!

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Home facts

  • Year built:1917
  • Listing ID #:12614733
  • Updated:April 17, 2026 at 09:42 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:15
  • Basement:Yes

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1917
  • Lot Features:Corner Lot

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$389,900
  • Tax amount:$5,389 (2024)

Features and amenities

  • Amenities:CO Detectors, Ceiling Fan(s), TV-Cable
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