www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33531719
33531712

5538 South Perry Avenue, Chicago, IL 60621

TM
IL IL 471006293
Trademarks & Associates LLC
Listed by Trademarks & Associates LLC
$71,250
5 days on market
Updated 5 days ago
Opportunity zone

A Piece of Washington Park

Details
APN 20162050290000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,527
Units 2
Broker Co-Op True
Class D
Year Built 1888
Stories 2
Lot Size (SqFt) 2,100
Zoning Multi-Family
Investment Type Value Add

New construction has started on this block...will you be next?

Marketing description

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.

Investment highlights

  • 2 units with 2 beds/1 bath in each unit
  • Parking slab in the rear

Listing Contacts

TM
IL IL 471006293
Trademarks & Associates LLC
Listed by Trademarks & Associates LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Tamika Marks
License
IL 471006293
Brokerage
Trademarks & Associates, LLC
Brokerage Phone
7736569895
Title
Managing Broker
Brokerage Address
8242 South Kedzie Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591