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$400,000

$399,900

Est. payment - /mo

6 Beds

3 Baths

Sold on 09/16/2026

5200 S Lorel AVE Chicago, IL 60638

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John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

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UPDATED:

Key Details

Sold Price $400,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12724299

Sold Date 09/16/26

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

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Paved

Roof Type Asphalt

Building

Lot Description Corner Lot

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

Listed by George Sierra of RE/MAX LOYALTY
Bought with Maribel Chacon-Torres of HomeSmart Connect LLC

NEARBY SCHOOL & BUSINESS

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John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

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5200 S Lorel AVE Chicago, IL 60638

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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5200 S Lorel AVE

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