5538 S Perry Avenue, Chicago, IL

$75,000

Overview

  • 744060
  • Property ID
  • Updated On:
  • May 20, 2026
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 0 ft2
  • Property Lot Size

Description

Price Improvement has opportunity Knocking Louder! This frame 2-unit just became an even better opportunity for buyers ready to act. Featuring 2 bedrooms and 1 bath in each unit, this property offers space, flexibility, and serious potential for the buyer with creativity and vision. The recent price modification creates added value for those looking to secure a property in an area experiencing continued growth and investment. Each unit offers a functional layout with well-proportioned rooms, providing a solid starting point for updates and improvements. The partially finished basement adds additional space for storage, recreation, a workshop, or future possibilities. Think of it as a blank canvas… just waiting for the right finishing touches. Located near Washington Park, residents can enjoy nearby green space, walking paths, and recreational amenities. The ongoing development surrounding the Obama Presidential Center continues to bring attention and investment to the surrounding area. Convenient access to the University of Chicago, shopping and dining corridors, public transportation, and the Dan Ryan Expressway helps keep commuting and daily errands within easy reach. Whether you’re an owner-occupant looking to build equity or an investor searching for your next value-add project, this property delivers potential, location, and now-an even more attractive price point. Properties with upside and price improvements like this tend to generate renewed attention, so bring your contractor, your imagination, and yes-your favorite hammer and paint brush-because this opportunity is ready for its next chapter.

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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$384.54
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 290.79

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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