5538 S Perry Ave Chicago, IL 60621
Washington Park NeighborhoodEstimated payment $840/month
Total Views
496
4
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Two Units, One Smart Move - Space, Flexibility & Opportunity Await! This frame 2-unit building offering 2 bedrooms and 1 bath in each unit, designed for flexibility, functionality, and future potential. Whether you're dreaming of living in one unit while offsetting expenses with the other, or you're ready to roll up your sleeves and add value over time, this property is ready for its next chapter. Inside, both units feature comfortable layouts with well-proportioned rooms and plenty of natural light. The partially finished basement adds bonus space-perfect for storage, a rec area, workshop, or a laundry center. Bring your ideas and your tool belt; there's room to make it your own. Step outside and you'll find a huge rear yard that opens the door to endless possibilities-outdoor entertaining, gardening, play space, or future enhancements. No garage here, but the generous lot size gives you plenty of flexibility to imagine what comes next. Conveniently located near Washington Park, this home offers easy access to green space, walking paths, and recreation. Nearby development around the Obama Presidential Center continues to bring attention and investment to the area. You're also minutes from the University of Chicago, local dining and shopping corridors, and quick access to the Dan Ryan Expressway for an easy commute. Public transportation options nearby help keep city living convenient. Whether you're an owner-occupant ready to build equity with a little hands-on effort, or a buyer looking for a solid two-unit with long-term upside, the property delivers space, location, and opportunity-all in one package. Just bring your vision, your creativity, and maybe a little elbow grease-this one's ready to work for you.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,352
Year Built
- Built in 1888
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 25 x 83.7
Home Design
- Asphalt Roof
- Stone Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Porch
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $10,001 | $623 | $9,378 |
| 2024 | -- | $10,001 | $623 | $9,378 |
| 2023 | -- | $2,500 | $1,349 | $1,151 |
| 2022 | $0 | $2,500 | $1,349 | $1,151 |
| 2021 | $0 | $2,499 | $1,348 | $1,151 |
| 2020 | $0 | $7,961 | $1,348 | $6,613 |
| 2019 | $0 | $9,151 | $1,348 | $7,803 |
| 2018 | $0 | $9,151 | $1,348 | $7,803 |
| 2017 | $0 | $10,947 | $1,245 | $9,702 |
| 2016 | $0 | $10,947 | $1,245 | $9,702 |
| 2015 | $0 | $10,947 | $1,245 | $9,702 |
| 2014 | -- | $9,140 | $1,141 | $7,999 |
| 2013 | -- | $9,140 | $1,141 | $7,999 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $140,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
About the Listing Agent
Chicago-born and real estate-obsessed, I’ve spent 21+ years mastering the art of residential sales, specializing in REO and non-REO assets—especially reverse mortgage REOs. As the Managing Broker of Trademarks & Associates, LLC, I lead with expertise, earning top industry accolades, including Diamond Awards and a spot in the top 1% of realtors. At Trademarks and Associates, we do more than sell properties—we provide hands-on, personalized service, ensuring every asset shines. From REO
Tamika's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12566728
APN: 20162050290000
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