Closed

$399,900

5200 Lorel Avenue, Chicago, IL 60638
6 Beds3 Baths7 days
5200 Lorel Avenue·Chicago, IL 60638
6Bedrooms
3Bathrooms
1917Year Built
About This Home

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!

MLS# 12724299Listed August 4, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms15

Size & Structure

Year Built1917
Lot Size3,750

Location

CountyCook
TownshipLake
Zip Code60638

Financial

List Price$399,900
Annual Taxes (2024)$5,389
Monthly Tax Est.$449
Parcel #19093120150000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Patio & Porch

Patio

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan
HOA & Community

Community Features

CurbsSidewalksStreet Paved
Tax & Financial
Annual Taxes
$5,389
Tax Year 2024
Monthly Tax Est.
$449
per month
Property Location

5200 Lorel Avenue, Chicago, IL 60638 — Cook County

$399,900
5200 Lorel Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
3,750
$5,389/yr taxes
$2,551
estimated monthly payment
Principal & Interest
$2,102/mo
Property Tax
$449/mo
$399,900
20% — $79,980
3%50%
6.875%
3%12%
Loan Amount
$319,920
Down Payment
$79,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX LOYALTY
Agent: George Sierra
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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