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  • $400,000

    5200 S Lorel Ave, Chicago, IL 60638

    6beds
    --sqft
    Multi Family
    Built in 1917
    -- sqft lot
    $400,400 Zestimate®
    $--/sqft
    $2,238 Estimated rent

    Home value

    $400,400

    $380,000 - $420,000

    $2,238/mo

    Zestimate® history
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    What's special

    Fully finished atticEat-in kitchenUpdated kitchenUpdated throughoutCoin-operated laundry
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    George Sierra 773-747-0079,

    RE/MAX LOYALTY

    Bought with:

    Maribel Chacon-Torres

    HomeSmart Connect LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12724299MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Utility Room-1st Floor
    Heating
    • Natural Gas
    Features
    • Basement: None

    Property

    Features
    • Patio & porch: Patio
    • Fencing: Fenced
    Lot
    • Size: 3,750 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 19093120150000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1917

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Paved
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $300,010
    • Annual tax amount: $5,389
    • Date on market: 8/7/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/16/2026Sold$400,000+0%
    Source: MRED as distributed by MLS GRID #12724299 Report a problem
    8/10/2026Contingent$399,900
    Source: MRED as distributed by MLS GRID #12724299 Report a problem
    8/7/2026Listed for sale$399,900+2.6%
    Source: MRED as distributed by MLS GRID #12724299 Report a problem
    8/4/2026Listing removed$389,900
    Source: MRED as distributed by MLS GRID #12658395 Report a problem
    6/4/2026Contingent$389,900
    Source: MRED as distributed by MLS GRID #12658395 Report a problem
    5/26/2026Listed for sale$389,900
    Source: MRED as distributed by MLS GRID #12658395 Report a problem
    5/26/2026Listing removed$389,900
    Source: MRED as distributed by MLS GRID #12614733 Report a problem
    5/13/2026Listed for sale$389,900
    Source: MRED as distributed by MLS GRID #12614733 Report a problem
    5/5/2026Contingent$389,900
    Source: MRED as distributed by MLS GRID #12614733 Report a problem
    4/17/2026Listed for sale$389,900+71.2%
    Source: MRED as distributed by MLS GRID #12614733 Report a problem
    11/17/2017Sold$227,700
    Source: MRED as distributed by MLS GRID #09754745 Report a problem
    9/26/2017Pending sale$227,700
    Source: RE/MAX Synergy #09754745 Report a problem
    9/19/2017Listed for sale$227,700+273.3%
    Source: RE/MAX Synergy #09754745 Report a problem
    9/12/2014Sold$61,000-31.5%
    Source: Public Record Report a problem
    7/9/2014Price change$89,100+494%
    Source: Chicago Realty Partners #08376473 Report a problem
    6/25/2014Price change$15,000-83.2%
    Source: Auction.com Report a problem
    6/17/2014Pending sale$89,100
    Source: Chicago Realty Partners #08376473 Report a problem
    6/13/2014Price change$89,100+494%
    Source: Chicago Realty Partners #08376473 Report a problem
    6/6/2014Price change$15,000-84.8%
    Source: Auction.com Report a problem
    5/16/2014Pending sale$98,735
    Source: Chicago Realty Partners #08376473 Report a problem
    5/16/2014Listed for sale$98,735+393.7%
    Source: Chicago Realty Partners #08376473 Report a problem
    2/28/2014Listing removed--
    Source: Auction.com Report a problem
    2/25/2014Price change$20,000-79.7%
    Source: Auction.com Report a problem
    2/19/2014Price change$98,753+295%
    Source: Chicago Realty Partners #08376473 Report a problem
    2/11/2014Price change$25,000-75.9%
    Source: Auction.com Report a problem
    2/9/2014Price change$103,950+315.8%
    Source: Chicago Realty Partners #08376473 Report a problem
    2/5/2014Listed for sale$25,000-90.3%
    Source: Auction.com Report a problem
    2/17/2006Sold$259,000+14.3%
    Source: Public Record Report a problem
    12/15/2004Sold$226,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,389 +52.3%$30,001 +50%
    2023$3,539 +3.2%$20,000
    2022$3,430 +2.3%$20,000
    2021$3,352 -12.2%$20,000 +17.5%
    2020$3,817 -4.6%$17,023 -14%
    2019$4,002 +1.7%$19,795
    2018$3,936 -8.2%$19,795 +0%
    2017$4,288 +7.5%$19,790
    2016$3,990 +9.2%$19,790
    2015$3,653 +9.9%$19,790 -2.8%
    2014$3,325 +2.3%$20,351
    2013$3,249 +0.6%$20,351
    2012$3,230 -12.4%$20,351 -23.6%
    2011$3,689 +3.2%$26,654
    2010$3,574 +9.7%$26,654
    2009$3,257 -3.7%$26,654 -11.5%
    2008$3,383 +12.6%$30,124
    2007$3,004 -31.1%$30,124
    2006$4,360 +77.4%$30,124 +78.6%
    2005$2,457 +0.8%$16,869
    2004$2,437 +22.2%$16,869
    2003$1,994 -5.4%$16,869 +25.5%
    2002$2,108 +5.5%$13,443
    2001$1,998 -4.3%$13,443
    2000$2,089 -16.2%$13,443 +5.3%
    1999$2,494 $12,761
    Find assessor info on the county website

    Neighborhood: Garfield Ridge

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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