5524 S Wells St

Chicago IL 60621

0.07 ac.

Multi-Family

Currently for sale - view listing

Overview

Now available at 5524 S Wells St, Chicago, IL 60621. This newly rehabbed, turnkey 2-flat is being offered at $249,000 and features a 3-bedroom, 1-bath first-floor unit and a legal 2-bedroom, 1-bath garden unit. Both units are currently vacant and move-in ready, making this a great opportunity for either an owner-occupant or investor. The property has separate furnaces, separate water heaters, separate electric meters, and separate gas service for each unit. The first-floor water heater was newly installed in 2026. The property also includes a 2-car garage that was built from the ground up with permits in 2022, along with a fenced yard and updated kitchens and bathrooms throughout. This property is ideal for someone looking to live in one unit and rent the other, or for an investor looking for a turnkey 2-unit property with separate utilities. FHA, VA, and conventional financing are accepted. Serious buyers and agents may reach out for additional information or to schedule a showing.

Features

5 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

0.07 ac. lot size

Multi-Family

Property history for 5524 S Wells St

2019

Sold

$94,000

06 Dec 2019 by Daniel Ortiz, of Amerimax Real Estate Partners

2017

Sold

$22,500

30 Aug 2017 by Timothy Gray, of The Chicagoland RE Auction Co.

Happy sellers in Chicago

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