5200 S Lorel Avenue Chicago, IL $ 389,900
5200 S Lorel Avenue
$ 389,900
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5200 S Lorel Avenue

Chicago, IL, 60638
$ 389,900
Bedrooms6 Baths3.0

Monthly Estimate*

$ 2,401

5200 S Lorel Avenue, Chicago, IL 60638 - Image 1
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5200 S Lorel Avenue, Chicago, IL 60638 - Image 3
5200 S Lorel Avenue, Chicago, IL 60638 - Image 4
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5200 S Lorel Avenue, Chicago, IL 60638 - Image 8
5200 S Lorel Avenue, Chicago, IL 60638 - Image 9
5200 S Lorel Avenue, Chicago, IL 60638 - Image 10

Multi-Family Home for sale in Chicago, IL

for $389,900 with 6 bedrooms and 3 full baths. This home was built in 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!

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Multi-Family Active

Price

$ 389,900

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,389

Style

Year Built

1917

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12614733

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Immediate
Roof Asphalt
Zoning MULTI
Construction Materials Vinyl Siding
Year Built 1917
Township Lake
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
Directions Take Archer to Long N to 52nd St E to Lorel Property is on the SW corner of 52nd and Lorel
City Chicago
High School District 299
MLS Area CHI - Garfield Ridge
Tax Annual Amount 5389.41
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 6
Room Type Utility Room-1st Floor
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Lot Features Corner Lot
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 3 750
Waterfront Y/N N
Other Equipment TV-Cable CO Detectors Ceiling Fan(s)
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* Excluded Features
List By
Re/Max Loyalty

Broker

Geo.midwestteam@gmail.com

Email

Affordability Calculator

$2,850
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,401
Monthly Property Taxes
$449
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$389,900 Listed Price

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5200 S Lorel Avenue, Chicago, IL, 60638 is a Multi-Family Home for sale at $389,900. 5200 S Lorel Avenue has 6 bedrooms, 3.0 baths, and was built in 1917. The property's zip code is 60638 which is in Chicago, IL