5538 S Perry Avenue, Chicago, IL

$133,000

Overview

  • 744060
  • Property ID
  • Updated On:
  • May 6, 2026
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 0 ft2
  • Property Lot Size

Description

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.

Bathrooms
2
Bedrooms
4
Climate Control
Heating
Other Features
Asphalt
Concrete Perimeter
Natural Gas
Porch
Public
Public Sewer
Stone
Vinyl Siding

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$681.92
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 515.67

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Information for the property at 5538 S Perry Avenue, Chicago, IL, 60621 (Property ID: 744060) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi