5538 S Perry Avenue
Chicago, IL, 60621
$133,000
4 Beds
2 Baths
0 SqFt
0.05 Acres
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$133,000
5538 S Perry Avenue
Chicago, IL, 60621
MLS #MRD12566728 image #0MLS #MRD12566728 image #1MLS #MRD12566728 image #2MLS #MRD12566728 image #3MLS #MRD12566728 image #4MLS #MRD12566728 image #5MLS #MRD12566728 image #6MLS #MRD12566728 image #7MLS #MRD12566728 image #8MLS #MRD12566728 image #9MLS #MRD12566728 image #10MLS #MRD12566728 image #11MLS #MRD12566728 image #12MLS #MRD12566728 image #13MLS #MRD12566728 image #14MLS #MRD12566728 image #15MLS #MRD12566728 image #16MLS #MRD12566728 image #17
This frame 2-unit just became an even better opportunity! Featuring 2 bedrooms and 1 bath in each unit, this property offers space, flexibility, and the chance to create something special. Yes-it needs creativity and vision to bring it back to full potential, but for the forward-thinking buyer, this is where opportunity meets upside. Each unit offers a functional layout with well-proportioned rooms, providing a solid starting point for your updates. The partially finished basement adds additional space for storage, a recreation area, workshop, or future improvements. Think of it as a blank canvas… with a head start. Conveniently located near Washington Park, you’ll have access to green space, walking paths, and recreational amenities. The nearby Obama Presidential Center development continues to bring growth and investment to the area. The proximity to the University of Chicago, local dining, shopping corridors, and the Dan Ryan Expressway makes commuting and day-to-day errands accessible. Public transportation options further enhance connectivity throughout the city. Whether you’re an owner-occupant ready to invest some effort into building equity, or an investor seeking your next value-add project, this property offers strong potential in a location with ongoing development. Bring your ideas, your plans, and yes-your favorite hammer and paint brush-because this one is ready for a complete overhaul.

Property Details

Price:
$133,000
MLS #:
MRD12566728
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Feb 11, 2026
Year Built:
1888
Chi – Washington ParkChiwashingtonpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Vinyl Siding, Stone
Patio And Porch Features
Porch
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$1,352
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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 Apr 08, 2026
1,337
Multi Family Listed
82
Avg DOM
$506,746
Avg List Price

Community

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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 $133,000 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.
5538 S Perry Avenue
Chicago, IL