5200 S Lorel Avenue, Chicago, IL

$389,900

Overview

  • 301076
  • Property ID
  • Updated On:
  • April 19, 2026
  • 6
  • Bedrooms
  • 3
  • Bathrooms

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!

Bedrooms
3
5+
Climate Control
Heating
Other Features
Asphalt
Ceiling Fan(s)
CO Detectors
Corner Lot
Curbs
Fenced
Lake Michigan
Natural Gas
Patio
Public Sewer
Sidewalks
Street Paved
TV-Cable
Vinyl Siding

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$1,999.09
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,511.72

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Information for the property at 5200 S Lorel Avenue, Chicago, IL, 60638 (Property ID: 301076) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi