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$399,900
$1,900Reward *
5200 S Lorel Avenue, Chicago, IL 60638Listing ID 12724299

5200 S Lorel Avenue, Chicago, IL 60638

Contingent
CHI - Garfield Ridge
Time on site: 10 days • Last updated: 3 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
3
Days on Site
Days on Site
10
Heating
Heating
Natural Gas
Year Built
Year Built
1917

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!

Property Information

Property Details

Location

Address
5200 S Lorel Avenue
County
Cook
City
Chicago
Zip Code
60638
Subdivision
CHI - Garfield Ridge
School District
299
MLS Area
CHI - Garfield Ridge

Interior Features

Beds and Baths

Bedrooms
6

Building

Building Information

Year Built
1917
Construction
Vinyl Siding
Roof
Asphalt

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$5,389
Tax Year
2024
RE/MAX LOYALTY, (773) 772-6969

Market Report for 60638

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 14 Aug 2026, 12:02 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD876829