5538 S Perry Ave Chicago, IL 60621
Washington Park NeighborhoodEstimated payment $498/month
Total Views
505,564
4
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Step on up...don't be shy! This frame 2-unit is looking for its next owner, and thanks to a recent price improvement, the invitation just got a lot more attractive. Whether you're searching for a property with potential, a place to make your own, or an opportunity to add value through thoughtful updates, this could be the one that earns a spot at the top of your list. Featuring 2 bedrooms and 1 bath in each unit, this property offers flexibility, functionality, and plenty of room for imagination. The layouts provide a solid foundation for future improvements, while the partially finished basement offers additional space for storage, hobbies, recreation, or whatever creative vision you have in mind. Think of it as the bonus room that's still waiting to learn what it wants to be when it grows up. Let's be honest-some homes are completely finished. Others give you the opportunity to create something uniquely yours. This property proudly falls into the second category. Bring your ideas, your inspiration, your favorite paint color, and maybe even that toolbox you've been meaning to use more often. Washington Park is becoming more exciting! You'll enjoy convenient access to green space, walking paths, recreational amenities, and community attractions. The continued investment surrounding the Obama Presidential Center has brought renewed excitement and attention to the area. Nearby access to the University of Chicago, shopping, dining, public transportation, and the Dan Ryan Expressway helps keep everyday conveniences within easy reach. So if you've been waiting for an opportunity with upside potential, a great location, and a price that's moving in the right direction, don't let someone else become the new neighbor first. Opportunity is knocking. The price has spoken. Now all that's missing is 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 85
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
Matterport Exterior
Floorplan
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2026 06/03/26 | For Sale | $71,250 | -- | -- |
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: 12667592
APN: 20162050290000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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