$389,900

5200 S Lorel Avenue, Chicago, IL 60638

  • 6 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1917
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 hours ago

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!

Listing Status:
Active
Data Last Updated:
April 17, 2026 at 10:18PM
Listing Office:
RE/MAX LOYALTY : 773-772-6969
Listing Agent:
George Sierra : 773-747-0079
MLS ID:
12614733
  • Rooms: Utility Room-1st Floor
  • Basement: None
  • Heating: Natural Gas
  • Parking: Parking spaces: 0
  • Roofing: Asphalt
  • HOA Amenities: CurbsSidewalksStreet Paved
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI19093120150000
  • Fencing: Fenced
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of George Sierra , RE/MAX LOYALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Twain Elementary School

5134 S Lotus Ave, Chicago, IL, 60638

Grades PK-8

0.16 miles away

T

Twain Elementary School

5134 S Lotus Ave, Chicago, IL, 60638

Grades PK-8

0.16 miles away

K

Kennedy High School

6325 W 56th St, Chicago, IL, 60638

Grades 9-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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