5200 S Lorel Avenue, Chicago, IL, 60638

$399,900

6

Beds

About 5200 S Lorel Avenue

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!

Additional Information: This property is located in the CHI - Garfield Ridge neighborhood, IL. This 6 bedrooms two to four units property is priced at $399,900.

Facts & Features

MLS® # 12724299
Price $399,900
Bedrooms 6
Bathrooms 0.00
Taxes $5,389
Year Built 1917
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 5200 S Lorel Avenue
Area CHI - Garfield Ridge
City Chicago
County Cook
State IL
Zip Code 60638

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Vinyl Siding
Lot Description Corner Lot
Roof Asphalt

School Information

District 299

Additional Information

Days on Market 30
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $5,389

Listing Details

OfficeRE/MAX LOYALTY

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?