5538 South Perry, Chicago IL 60621
- Units 2
- Total Beds 4
- Total Baths 2
- Taxes $1,352.36
- Payment Estimate View Mortgage Calculator
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Property Description
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.
Features & Information
Key Details
- List Price $140,000
- Property Taxes $1,352.36
- Price/ Sq. Ft. Unavailable
- Year Built 1888
- Parking Type None
- Status New
Rooms
- Total Rooms 10
- Basement F
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Vinyl Siding,Stone
- Foundation Concrete
- Heating & Cooling Gas
-
Units
- Unit 1 None
- Unit 2 None
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property 55th St. East Or West To Perry Then South To The Property.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1352.36
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 20162050290000
Utilities
- Sewer Sewer-Publ
Listed by: Trademarks & Associates | Phone: 773.306.0352
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 2/13/2026 12:02 PM. 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.
Explore Washington Park
For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.
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