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5524 S Wells Street Chicago, IL 60621 Multi Unit - Multiple Active

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  • 5524 S Wells Street, Chicago, IL 60621 Main Photo

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Description

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 Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 2
County: Cook
Listed By:
Kale Realty 312-939-5253
MRED MLS
$249,000
Est. $1,706/mo
5beds
2baths
2cars
New to the Market Active
BEDS5 BATHS2 full MLS#12741326
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors

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5524 S Wells Street, Chicago, IL 60621.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $249,000$249,000$249,000
Down Payment $49,800$8,715$62,250
Monthly Mortgage Amount $1,259$1,545$1,563
Taxes $347$347$347
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$110$0
Monthly Estimated Total $1,706$2,102$2,010

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