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.
Property Details
Price:
$249,000
MLS #:
MRD12741326
Status:
Active Under Contract
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
chienglewood
Listed Date:
Sep 1, 2026
Year Built:
1878
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Aluminum Siding
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2023
Taxes
$1,376
Map
Community
- Address5524 S Wells Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60621
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 10, 2026
1,355
Multi Family Listed
75
Avg DOM
$525,938
Avg List Price
Property Summary
- 5524 S Wells Street Chicago IL is a Multi Family for sale in Chicago, IL, 60621. It is listed for $249,000
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Copyright 2026. All rights reserved.
5524 S Wells Street
Chicago, IL


