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$249,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 2 Car Garage
  • Updated 1 day ago
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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.

Full Property Details for 5524 S Wells St

General

  • Price: $249,000
  • Taxes: $1,376 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12741326
  • Updated: 9/1/2026
  • Added to Site: 2 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - Englewood
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Take Wells St. South to property. Building on right hand side.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement Desc.: None
  • Year Built: 1878
  • Built Before 1978: Yes
  • Remodeled/Updated: 2026

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Assessment Year: 1878
  • Tax Amount: $1,376
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20162020500000

Listed by Kale Realty

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— 5524 S Wells St —

  • Kale Realty

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5524 S Wells St

School District:Chicago Public School District 299
NameGradesDistance
Sherwood Elementary School, Chicago, IL
245 West 57th Street, Chicago, IL 60621
PK-80.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5524 S Wells St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/01/2026
Listed
$249,000
164.89%
MLS
12/06/2019
Sold
$94,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5524 S Wells St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,376
—
$7,900
22%
2023
$1,376
3%
$6,499
—
2022
$1,341
2%
$6,499
—
2021
$1,311
-25%
$6,499
-17%
2020
$1,743
—
$7,826
-10%
2019
$1,747
2%
$8,696
—
2018
$1,718
1%
$8,696
10%
2017
$1,694
7%
$7,870
—
2016
$1,576
9%
$7,870
—
2015
$1,442
6%
$7,870
7%
2014
$1,365
2%
$7,359
—
2013
$1,338
1%
$7,359
—
2012
$1,321
—
$7,359
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kale Realty

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5524 S Wells Street, Chicago, IL 60621 (MLS# 12741326) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 5524 S Wells Street is currently listed for $249,000 and was received on September 01, 2026. Want to learn more about 5524 S Wells Street? Do you have questions about finding other Multi-Family real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

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