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5538 S Perry Avenue, Chicago, IL, 60621
Two-Unit Duplex with Basement

5538 S Perry Avenue Chicago, IL 60621

For Sale
$71,250

MULTI_FAMILY - Chicago, IL

Lot Size0.05 Acres
Days on Market55

Property Features for 5538 S Perry Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Basement, Bedroom 3, Bedroom 4
Patio and Porch features Porch
Basement Full, Partially Finished
Standard status Active
APN 20162050290000
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1352

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1888
Building materials Vinyl Siding, Stone
Roof type Asphalt
Listing Agency: Trademarks & Associates
Listed By: Tamika Marks · License #471006293
Added: Jun 3 Changed: Jul 19 Last Checked: Jul 27 at 12:06PM
MLS# 12667592

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.

Investment Insights

Based on property information with market context.

This frame two-unit duplex is offered for sale with two separate apartments, each providing two bedrooms and one bathroom. Each unit’s layout creates a practical foundation for either owner-occupancy or rental use. Additional space is available in a partially finished basement, which can support storage needs and secondary uses depending on how an operator or homeowner wants to configure the area.

The property is located in Chicago, IL, in a MULTI zoning designation. The address is 5538 S Perry Avenue (60621). Public remarks note nearby access to green space and walking paths associated with Washington Park, along with convenience to University of Chicago access, shopping and dining, public transportation, and the Dan Ryan Expressway. The area is also described as experiencing renewed attention related to the Obama Presidential Center.

For buyers seeking a straightforward residential income asset, the unit-by-unit configuration can support flexible living or leasing arrangements. The partially finished basement adds usable square footage beyond the primary living areas, and the overall setup may appeal to those looking to make thoughtful updates after purchase. The property’s duplex format is designed for managing two distinct living spaces under one ownership structure.

Key Highlights

  • Frame 2‑unit property built in 1888
  • Each unit features 2 bedrooms and 1 bathroom
  • Partially finished basement offers additional space

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Dental Office HVAC Service Computer & Electronic Repair

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Frame duplex featuring two 2-bedroom, 1-bath units and a partially finished basement for added flexibility.
Where is this duplex located?
The property is located at 5538 S Perry Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $71,250.
What are key features of this property?
This property features: Frame 2‑unit property built in 1888; Each unit features 2 bedrooms and 1 bathroom; Partially finished basement offers additional space
More about this property
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