5200 South Lorel, Chicago IL 60638
- Units 2
- Total Beds 6
- Total Baths 3
- Taxes $5,389.41
- Payment Estimate View Mortgage Calculator
Request Private Showing
Property Description
** 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. 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!
Features & Information
Key Details
- List Price $389,900
- Property Taxes $5,389.41
- Price/ Sq. Ft. Unavailable
- Year Built 1917
- Parking Type None
- Status Contingent
Rooms
- Total Rooms 15
- Basement N
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Vinyl Siding
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator, Hardwood Floors
- Unit 2 Stove, Refrigerator, Hardwood Floors
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property Take Archer To Long, N To 52nd St, E To Lorel, Property Is On The Sw Corner Of 52nd And Lorel
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 5389.41
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 19093120150000
Utilities
- Sewer Sewer-Publ
Listed by: RE/MAX LOYALTY | Phone: 773.772.6969
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 6/10/2026 9:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Garfield Ridge
The southwest Chicago neighborhood of Garfield Ridge manages to retain its original rural charm while seamlessly melding urban culture and suburban design. This odd hodgepodge results in an idyllic spot for families, people transitioning to the Chicago area, and anyone who enjoys having a house and yard, but likes to jet into the city at the drop of a hat. With Midway Airport next door, you could jet to any city at the drop of a hat really – but most Garfield Ridge residents prefer to stick to their own neighborhood, which is big on traditional comfort food and friendly pubs. Mom-and-pop bakeries and family-run diners are all the rage in Garfield Ridge, but it's still easy to get a good slice of pizza or slab of ribs whenever the mood strikes.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.
