5200 S Lorel AVE, Chicago, IL 60638
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5200 S Lorel AVE, Chicago, IL 60638
5200 S Lorel AVE, Chicago, IL 60638
5200 S Lorel AVE, Chicago, IL 60638
5200 S Lorel AVE, Chicago, IL 60638
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$ 389,900
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5200 S Lorel AVE Chicago, IL 60638

6 Beds

3 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12614733

Bedrooms 6

Year Built 1917

Annual Tax Amount $5,389

Tax Year 2024

Lot Dimensions 3,750

Property Sub-Type Two to Four Units

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!

Location

State IL

County Cook

Area Chi - Garfield Ridge

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas

Equipment TV-Cable, CO Detectors, Ceiling Fan(s)

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Paved

Roof Type Asphalt

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by George Sierra of  RE/MAX LOYALTY 

Nearby School & Business

Fred Venturini

Fred Venturini

Broker | License ID: 475.179117

+1(618) 322-9764

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