Active
5538 Perry Avenue
Chicago, IL 60621
$133,000 ▼ $7,000 from $140,000
4beds
2baths
—sqft
0.05acres
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1888
Lot size0.05 acres
Annual tax$1,352.36
CountyCook
MLS #MRD12566728
Days on market41
Features
Heating
Natural Gas
Construction
Vinyl SidingStone
Sewer
Public Sewer
Listed by
Trademarks & Associates
Tamika Marks · 773-656-9895
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 3/23/2026, 5:06:20 AM. All data should be independently verified.
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