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Sold on 08/10/2026
George Sierra of RE/MAX LOYALTY
  • Exterior
  • Other
  • Dining
  • Kitchen
  • Entry Way
  • Living

5200 S Lorel Ave, Chicago, IL 60638

$400,000

Last sold 08/10/2026 after 6 Days

  • 6

    bed

  • 3

    bath

Multi-family not for sale
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About 5200 S Lorel Ave

Property type Multi-family
Neighborhood
Year built 1917
HOA fee $0/month
Property description
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!
Listed by
Listing Agent - George Sierra
Listing Office - RE/MAX LOYALTY
Source: MRED mls logo
MLS#12724299 • last updated 1 week ago
Movoto checked MRED for data 10 minutes ago
Overview
Heating Natural Gas
MLS # 12724299
Virtual Tour N/A
SubType 2 Flat
Status Closed
Type Two To Four Units
Property Tax $ 5389.41
Year Built 1917
Interior
Basement None
Add'l Room(s) Utility Room-1st Floor
Total # of Rooms 15
Exterior
Roof Asphalt
Construction Vinyl Siding
Patio and Porch Patio
Fencing Fenced
Lot Desc Standard Chicago Lot, Corner Lot
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 2
Location
Area CHI - Garfield Ridge
County Cook
Elementary School District 299
Middle School District 299
High School District 299
APN 19093120150000
Zoning MULTI
We are not permitted to show value estimates for this property.
  • Sep 2026
    mls logo MLS # 12724299
  • Sep 17, 2026 Sold
    $400,000
  • Aug 10, 2026 Active
    —
  • Aug 4, 2026 Listed
    $399,900 (+2.6%)
  • Jun 2026
    mls logo MLS # 12658395
  • Jun 4, 2026 Active
    —
  • May 26, 2026 Listed
    $389,900
  • May 2026
    mls logo MLS # 12614733
  • May 13, 2026 Listed
    —
  • May 5, 2026 Active
    —
  • Apr 17, 2026 Listed
    $389,900 (+71.0%)
  • Nov 2017
    Public Records
  • Nov 30, 2017 Sold
    $228,000 (+0.1%)
  • Nov 2017
    mls logo MLS # 09754745
  • Nov 19, 2017 Sold
    $227,700
  • Nov 14, 2017 Pending
    —
  • Sep 26, 2017 Contingent
    —
  • Sep 19, 2017 Listed
    $227,700 (+273.3%)
  • Sep 2014
    Public Records
  • Sep 12, 2014 Sold
    $61,000 (-31.5%)
  • Jul 2014
    mls logo MLS # 08376473
  • Jul 17, 2014 Cancelled
    —
  • Jul 8, 2014 Re-Activated
    —
  • Jun 16, 2014 Pending
    —
  • Jun 9, 2014 Re-Activated
    $89,100 (-9.8%)
  • May 15, 2014 Pending
    —
  • May 15, 2014 Price Change
    $98,735
  • Jun 21, 2013 Listed
    — (-100.0%)
  • Sep 2012
    mls logo MLS # 08033288
  • Sep 26, 2012 Cancelled
    —
  • Apr 3, 2012 Listed
    $125,000 (-54.5%)
  • Jun 2008
    mls logo MLS # 06804406
  • Jun 3, 2008 Expired
    —
  • Feb 18, 2008 Listed
    $275,000 (-1.4%)
  • Dec 2007
    mls logo MLS # 06709945
  • Dec 31, 2007 Cancelled
    —
  • Oct 22, 2007 Listed
    $279,000 (+7.7%)
  • Feb 2006
    Public Records
  • Feb 17, 2006 Sold
    $259,000 (+14.3%)
  • Dec 2004
    Public Records
  • Dec 15, 2004 Sold
    $226,500
  • Year Property taxes Tax assessment
  • 2023
    $3,539 +3.2%
    $20,000
  • 2022
    $3,430 +2.3%
    $20,000
  • 2021
    $3,352 -12.2%
    $20,000 +17.49%
  • 2020
    $3,817 -4.6%
    $17,023 -14.0%
  • 2019
    $4,002 +1.7%
    $19,795
  • 2018
    $3,936 -8.2%
    $19,795 +0.03%
  • 2017
    $4,288 +7.5%
    $19,790
  • 2016
    $3,990 +9.2%
    $19,790
  • 2015
    $3,653 +9.9%
    $19,790
  • 2014
    $3,325 +2.3%
    —
  • 2013
    $3,249
    —
  • 5200 S Lorel Ave
    $400K
  • Garfield Ridge
    $369K +4% y/y
  • 60638
    $349K +6% y/y
  • Chicago
    $364K +4% y/y
No chart available
Statistics calculated by Movoto

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7/10
Twain Elementary School
public Grades PK, K-8
Chicago Public Schools
2/10
Kennedy High School
public Grades 9-12
Chicago Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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