$140,000
5538 S Perry Avenue
Chicago, IL, 60621
Two Units, One Smart Move – Space, Flexibility & Opportunity Await! This frame 2-unit building offering 2 bedrooms and 1 bath in each unit, designed for flexibility, functionality, and future potential. Whether you’re dreaming of living in one unit while offsetting expenses with the other, or you’re ready to roll up your sleeves and add value over time, this property is ready for its next chapter. Inside, both units feature comfortable layouts with well-proportioned rooms and plenty of natural light. The partially finished basement adds bonus space-perfect for storage, a rec area, workshop, or a laundry center. Bring your ideas and your tool belt; there’s room to make it your own. Step outside and you’ll find a huge rear yard that opens the door to endless possibilities-outdoor entertaining, gardening, play space, or future enhancements. No garage here, but the generous lot size gives you plenty of flexibility to imagine what comes next. Conveniently located near Washington Park, this home offers easy access to green space, walking paths, and recreation. Nearby development around the Obama Presidential Center continues to bring attention and investment to the area. You’re also minutes from the University of Chicago, local dining and shopping corridors, and quick access to the Dan Ryan Expressway for an easy commute. Public transportation options nearby help keep city living convenient. Whether you’re an owner-occupant ready to build equity with a little hands-on effort, or a buyer looking for a solid two-unit with long-term upside, the property delivers space, location, and opportunity-all in one package. Just bring your vision, your creativity, and maybe a little elbow grease-this one’s ready to work for you.
Property Details
Price:
$140,000
MLS #:
MRD12566728
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Feb 11, 2026
Year Built:
1888
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Vinyl Siding, Stone
Roof
Asphalt
Financial
Tax Year
2024
Taxes
$1,352
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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Current real estate data for Multi Family in Chicago as of Feb 14, 2026
1,185
Multi Family Listed
90
Avg DOM
$472,000
Avg List Price
Community
- Address5538 S Perry Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60621
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Property Summary
- 5538 S Perry Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60621. It is listed for $140,000 To schedule a showing of MLS#mrd12566728 at 5538 S Perry Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.

Copyright 2026. All rights reserved.
5538 S Perry Avenue
Chicago, IL





