$399,900
5200 S Lorel Avenue
Chicago, IL, 60638
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 Details
Price:
$399,900
MLS #:
MRD12724299
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chigarfieldridge
Listed Date:
Aug 4, 2026
Year Built:
1917
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Curbs, Sidewalks, Street Paved
Construction Materials
Vinyl Siding
Fencing
Fenced
Lot Features
Corner Lot
Patio And Porch Features
Patio
Roof
Asphalt
Financial
Tax Year
2024
Taxes
$5,389
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Sep 14, 2026
1,376
Multi Family Listed
82
Avg DOM
$527,966
Avg List Price
Community
- Address5200 S Lorel Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60638
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Property Summary
- 5200 S Lorel Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60638. It is listed for $399,900 To schedule a showing of MLS#mrd12724299 at 5200 S Lorel Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
5200 S Lorel Avenue
Chicago, IL
