5524 S Wells Street
Chicago, IL, 60621
$249,000
5 Beds
2 Baths
0 SqFt
0.07 Acres
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$249,000
5524 S Wells Street
Chicago, IL, 60621
MLS #MRD12741326 image #0MLS #MRD12741326 image #1MLS #MRD12741326 image #2MLS #MRD12741326 image #3MLS #MRD12741326 image #4MLS #MRD12741326 image #5MLS #MRD12741326 image #6MLS #MRD12741326 image #7MLS #MRD12741326 image #8MLS #MRD12741326 image #9MLS #MRD12741326 image #10MLS #MRD12741326 image #11MLS #MRD12741326 image #12MLS #MRD12741326 image #13MLS #MRD12741326 image #14MLS #MRD12741326 image #15MLS #MRD12741326 image #16MLS #MRD12741326 image #17MLS #MRD12741326 image #18
Now available at 5524 S Wells St, Chicago, IL 60621. This newly rehabbed, turnkey 2-flat is being offered at $249,000 and features a 3-bedroom, 1-bath first-floor unit and a legal 2-bedroom, 1-bath garden unit. Both units are currently vacant and move-in ready, making this a great opportunity for either an owner-occupant or investor. The property has separate furnaces, separate water heaters, separate electric meters, and separate gas service for each unit. The first-floor water heater was newly installed in 2026. The property also includes a 2-car garage that was built from the ground up with permits in 2022, along with a fenced yard and updated kitchens and bathrooms throughout. This property is ideal for someone looking to live in one unit and rent the other, or for an investor looking for a turnkey 2-unit property with separate utilities. FHA, VA, and conventional financing are accepted. Serious buyers and agents may reach out for additional information or to schedule a showing.

Property Details

Price:
$249,000
MLS #:
MRD12741326
Status:
Active Under Contract
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
chienglewood
Listed Date:
Sep 1, 2026
Year Built:
1878
Chi – EnglewoodChienglewood

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Aluminum Siding
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2

Financial

Tax Year
2023
Taxes
$1,376
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 28, 2026
1,359
Multi Family Listed
79
Avg DOM
$532,818
Avg List Price

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Property Summary

    5524 S Wells Street Chicago IL is a Multi Family for sale in Chicago, IL, 60621. It is listed for $249,000 To schedule a showing of MLS#mrd12741326 at 5524 S Wells Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5524 S Wells Street
Chicago, IL