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5200 S Lorel Ave

Chicago IL 60638

6
3
Multi-Family
Currently for sale - view listing

Overview

** 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

6 bedrooms
3 bathrooms
Multi-Family

Property history for 5200 S Lorel Ave

2017
Sold
$227,700
17 Nov 2017 by Kathy Toscas, of RE/MAX Synergy

Happy sellers in Chicago

94%
94% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

Chicago stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Chicago over the last 12 months.

Local market activity for 6 bedroom multi families in Chicago

In the last 12 months, 6 six-bedroom multi families similar to 5200 S Lorel Ave, have been sold.

This represents a 100% decrease in six-bedroom multi families sales when compared to the previous 12 months.

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