5200 S Lorel Avenue
Chicago, IL 60638
6
Bed
3
Bath
** Highest and Best Due by 5pm Today Monday 5/4** 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.
Property Details
Map
Map
Features
-
Bedroom Information
Total Bedroom: 6 Room Types: Utility Room-1st FloorBathroom Information
Total Baths: 3Room Information
Rooms Total: 15Interior Features
Roof: AsphaltRoofing Information
Asphalt -
Flooring Information
Construction Materials: Vinyl Siding -
Heating & Cooling
Heating: Natural Gas WaterSource: Lake Michigan
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Building Information
Year Built: 1917
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Lot Information
Lot Dimensions: 3,750 Lot Description: Corner Lot Lot Size: Standard Chicago LotProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$389900
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Tax Information
Annual Tax: $5389.41 Tax Year: 2024 Parcel Number: 19093120150000 Tax Exemption: Homeowner
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Utility Information
Sewer: Public Sewer Water Source: Lake Michigan -
Location Information
City: Chicago Direction: Take Archer to Long, N to 52nd St, E to Lorel, Property is on the SW corner of 52nd and Lorel
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5326 S Nagle Avenue, Chicago, IL, 60638 | $519,900 | 4 | 2 | 2,036 | 2,036 SqFt |
| Undisclosed Address, Chicago, IL, 60638 | $2,349,000 | 11 | 7 | -- | |
| 5633 W 64th Place, Chicago, IL, 60638 | $294,999 | 4 | 3 | -- | |
| 6019 W 59th Street, Chicago, IL, 60638 | $240,000 | 3 | 1 | 1,084 | 1,084 SqFt |
| 5417 S New England Avenue, Chicago, IL, 60638 | $414,900 | 4 | 3 | 2,204 | 2,204 SqFt |
| 4827 S Linder Avenue, Chicago, IL, 60638 | $425,000 | 3 | 2 | 1,212 | 1,212 SqFt |
| 6447 S Narragansett Ave.., Chicago, IL, 60638 | $135,000 | 1 | 1 | 800 | 800 SqFt |
| 6632 W 64th Place #3W, Chicago, IL, 60638 | $208,000 | 2 | 2 | 900 | 900 SqFt |
| 6758 W 64th Place #23, Chicago, IL, 60638 | $194,900 | 2 | 1 | -- | |
| 6017 S Monitor Avenue, Chicago, IL, 60638 | $620,000 | 4 | 3 | 2,100 | 2,100 SqFt |
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ByOwner last updated this listing 06/24/2026 @ 06:20
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