Active Under Contract

$249,000

5524 Wells Street, Chicago, IL 60621
5 Beds2 Baths9 days
5524 Wells Street·Chicago, IL 60621
5Bedrooms
2Bathrooms
1878Year Built
About This Home

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.

MLS# 12741326Listed September 1, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms2
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1878
Lot Size0.070 acres

Location

CountyCook
TownshipSouth Chicago
Zip Code60621

Financial

List Price$249,000
Annual Taxes (2023)$1,376
Monthly Tax Est.$115
Parcel #20162020500000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Aluminum Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$1,376
Tax Year 2023
Monthly Tax Est.
$115
per month
Property Location

5524 Wells Street, Chicago, IL 60621 — Cook County

$249,000
5524 Wells Street
5 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
9 days on market
2-car garage
0.070 acres
$1,376/yr taxes
$1,423
estimated monthly payment
Principal & Interest
$1,309/mo
Property Tax
$115/mo
$249,000
20% — $49,800
3%50%
6.875%
3%12%
Loan Amount
$199,200
Down Payment
$49,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Kale Realty
Agent: Marcus Toussaint
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.