Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 2-bathroom residential multi family at 5538 S Perry Avenue in Chicago, IL is listed for $133,000. Built in 1888, on a 0.05 acres lot.

Agent 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.

Key Features

  • Built in 1888
  • 0.05 acre lot

Property Details

2 full
1888

Monthly Cost Estimate

$711/mo

20% down · 6.5% · 30 years

Principal$96
Interest$576
Insurance$39

Estimates only. Actual payments may vary.

Location

5538 S Perry Avenue

Chicago, IL 60621

Property Details

Construction

Vinyl Siding Stone

Pool Features

Porch

Heating

Natural Gas

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 5538 S Perry Avenue is listed at $133,000. The estimated monthly payment is $576 based on 20% down at 6.5% interest.

Key features include: Built in 1888, 0.05 acre lot.

This property is listed by Tamika Marks and can be reached at (773) 783-9525 or marksrealtor@yahoo.com.

Similar Homes in Chicago

View all
TM

Tamika Marks

Agent at Trademarks & Associates

(773) 783-9525

Listed by Trademarks & Associates

MLS# 12566728· Source: listhub· Updated 58 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5538 S Perry Avenue, Chicago, IL 60621

Open this listing in: