Gabriela Buchancow
Vision Realty Group, Inc.
(844) 741-6787
33 Total Sales
1 in Garfield Ridge
$375,000 Price
5200 S Lorel Ave Chicago, IL 60638
Garfield Ridge Neighborhood
6
Beds
3
Baths
--
Sq Ft
1917
Built
Highlights
- Corner Lot
- Patio
- Fenced
- First Floor Utility Room
About This Home
As of September 2026LOOK 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!
Last Agent to Sell the Property
RE/MAX LOYALTY License #475163119 Listed on: 08/04/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,389
Year Built
- Built in 1917
Lot Details
- Fenced
- Corner Lot
- Paved or Partially Paved Lot
Home Design
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- First Floor Utility Room
- Patio
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Garfield Ridge, IL
-
Gabriela Buchancow
-
Nancy Gudino
Nancy Gudino
Nancy & Associates Realty
(773) 922-6540
81 Total Sales
1 in Garfield Ridge
$105,000 Price
-
Pedro Rosales
Pedro Rosales
PROSALES REALTY
(888) 814-9184
74 Total Sales
1 in Garfield Ridge
$329,500 Price
-
Yolanda Zapiain
Yolanda Zapiain
RE/MAX 10
(773) 850-3960
115 Total Sales
9 in Garfield Ridge
$119K - $545K Price Range
-
Timothy Good
Timothy Good
Keller Williams Preferred Rlty
(708) 729-5961
210 Total Sales
1 in Garfield Ridge
$200,000 Price
-
George Ayling
George Ayling
Select a Fee RE System
(708) 859-7153
202 Total Sales
2 in Garfield Ridge
$325K - $355K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $228,000 | Old Republic Title | |
| Special Warranty Deed | $61,000 | Fidelity National Title | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $259,000 | Heritage Title | |
| Warranty Deed | $226,500 | Multiple | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Open | $223,575 | FHA | |
| Previous Owner | $207,200 | Unknown | |
| Previous Owner | $181,200 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2026 09/16/26 | Sold | $400,000 | 0.0% | -- |
| 08/10/2026 08/10/26 | Pending | -- | -- | -- |
| 08/04/2026 08/04/26 | For Sale | $399,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,539 | $30,001 | $4,688 | $25,313 |
| 2024 | $3,539 | $30,001 | $4,688 | $25,313 |
| 2023 | $3,430 | $20,000 | $3,750 | $16,250 |
| 2022 | $3,430 | $20,000 | $3,750 | $16,250 |
| 2021 | $3,352 | $20,000 | $3,750 | $16,250 |
| 2020 | $3,817 | $17,023 | $3,750 | $13,273 |
| 2019 | $4,002 | $19,795 | $3,750 | $16,045 |
| 2018 | $3,936 | $19,795 | $3,750 | $16,045 |
| 2017 | $4,288 | $19,790 | $3,375 | $16,415 |
| 2016 | $3,990 | $19,790 | $3,375 | $16,415 |
| 2015 | $3,653 | $19,790 | $3,375 | $16,415 |
| 2014 | $3,325 | $20,351 | $3,187 | $17,164 |
| 2013 | $3,249 | $20,351 | $3,187 | $17,164 |
Source: Public Records
Agents Affiliated with this Home
-
George Sierra
Seller's Agent in 2026
George Sierra
RE/MAX
(773) 747-0079
4 in this area
39 Total Sales
-
Maribel Chacon-Torres
Buyer's Agent in 2026
Maribel Chacon-Torres
HomeSmart Connect LLC
(312) 388-2661
1 in this area
20 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12724299
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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