5538 S Perry Avenue
Chicago, IL, 60621
$71,250
4 Beds
2 Baths
0 SqFt
0.05 Acres
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$71,250
5538 S Perry Avenue
Chicago, IL, 60621
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Step on up…don’t be shy! This frame 2-unit is looking for its next owner, and thanks to a recent price improvement, the invitation just got a lot more attractive. Whether you’re searching for a property with potential, a place to make your own, or an opportunity to add value through thoughtful updates, this could be the one that earns a spot at the top of your list. Featuring 2 bedrooms and 1 bath in each unit, this property offers flexibility, functionality, and plenty of room for imagination. The layouts provide a solid foundation for future improvements, while the partially finished basement offers additional space for storage, hobbies, recreation, or whatever creative vision you have in mind. Think of it as the bonus room that’s still waiting to learn what it wants to be when it grows up. Let’s be honest-some homes are completely finished. Others give you the opportunity to create something uniquely yours. This property proudly falls into the second category. Bring your ideas, your inspiration, your favorite paint color, and maybe even that toolbox you’ve been meaning to use more often. Washington Park is becoming more exciting! You’ll enjoy convenient access to green space, walking paths, recreational amenities, and community attractions. The continued investment surrounding the Obama Presidential Center has brought renewed excitement and attention to the area. Nearby access to the University of Chicago, shopping, dining, public transportation, and the Dan Ryan Expressway helps keep everyday conveniences within easy reach. So if you’ve been waiting for an opportunity with upside potential, a great location, and a price that’s moving in the right direction, don’t let someone else become the new neighbor first. Opportunity is knocking. The price has spoken. Now all that’s missing is you.

Property Details

Price:
$71,250
MLS #:
MRD12667592
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Jun 3, 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 Jun 11, 2026
1,389
Multi Family Listed
79
Avg DOM
$532,855
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 $71,250 To schedule a showing of MLS#mrd12667592 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