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Contingent
    • $389,900

    5200 S Lorel Ave, Chicago, IL 60638

    5beds
    --sqft
    : 
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    Multi Family
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    ** 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!
    54 days
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    30
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    Zillow last checked:

    Listing updated:

    Listed by:

    George Sierra 773-747-0079,

    RE/MAX LOYALTY

    Source: MRED as distributed by MLS GRID,MLS#: 12658395MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • 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: 5/26/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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
        2/5/2014Price change$25,000-75.9%
        Source: Auction.com Report a problem
        2/4/2014Price change$103,950+315.8%
        Source: Chicago Realty Partners #08376473 Report a problem
        1/28/2014Price change$25,000-75.9%
        Source: Auction.com Report a problem
        1/26/2014Listed for sale$103,950-59.9%
        Source: Chicago Realty Partners #08376473 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-- $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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Garfield Ridge

        Getting around

        74 / 100
        Very Walkable
        49 / 100
        Some Transit
        62 / 100
        Bikeable

        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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