GREAT OPPORTUNITY TO OWN A 2 UNIT MULTI-FAMILY PROPERTY AT $239K PRICE POINT!!! This 2-Unit Property is ideally located near schools, public transportation and major expressway. The 2nd Unit has been newly remodeled and beautifully showcases the potential of what the 1st Unit could become. With the right updates and improvements, this property has the potential to become an excellent opportunity for an investor or owner-occupant to add value and build equity. PRICED TO SELL!!! Property being sold "AS-IS". Bring your vision and unlock the full potential of this multi-unit property!!! Schedule your showing TODAY!!!
Contingent
Price cut: $15K (10/6)
$224,000
5538 S Wolcott Ave, Chicago, IL 60636
4beds
--sqft
Multi Family
Built in 1913
-- sqft lot
$216,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 42 days
- 273
- 25
Zillow last checked:
Listing updated:
Listed by:
Arcelia Vales 773-395-8230,
Chicago Premier Realty, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12742436
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished,Full
Property
Lot
- Size: 3,125 Square Feet
- Dimensions: 25x125
Details
- Parcel number: 20182010280000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $120,000
- Annual tax amount: $466
- Date on market: 9/11/2026
- Ownership: Fee Simple
Estimated market value
$216,500
$206,000 - $227,000
$1,826/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Contingent | $224,000 |
Source:  MRED as distributed by MLS GRID #12742436 Report a problem | ||
| 10/6/2026 | Price change | $224,000-6.3% |
Source: MRED as distributed by MLS GRID #12742436 Report a problem | ||
| 9/11/2026 | Listed for sale | $239,000 |
Source: MRED as distributed by MLS GRID #12742436 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $573 +23.1% | $12,000 +26.3% |
| 2023 | $466 +14.6% | $9,500 |
| 2022 | $406 -7% | $9,500 |
| 2021 | $437 -22.2% | $9,500 -0.2% |
| 2020 | $562 +0.3% | $9,521 -13% |
| 2019 | $560 +1.5% | $10,944 |
| 2018 | $552 -6.6% | $10,944 -4.8% |
| 2017 | $591 -41.5% | $11,490 |
| 2016 | $1,010 -32.1% | $11,490 |
| 2015 | $1,487 +14.2% | $11,490 +11.3% |
| 2014 | $1,303 -6.9% | $10,323 |
| 2013 | $1,399 +0.5% | $10,323 -14.2% |
| 2012 | $1,392 +18.9% | $12,036 -32.4% |
| 2011 | $1,170 +18.4% | $17,804 |
| 2010 | $989 +14% | $17,804 |
| 2009 | $867 +2.8% | $17,804 -3.4% |
| 2008 | $844 +3.2% | $18,436 |
| 2007 | $817 +0.8% | $18,436 |
| 2006 | $811 -5.1% | $18,436 +64.2% |
| 2005 | $855 +1.9% | $11,227 |
| 2004 | $839 +4.5% | $11,227 |
| 2003 | $803 -5.4% | $11,227 +71.4% |
| 2002 | $849 +8.4% | $6,550 |
| 2001 | $784 +18.9% | $6,550 |
| 2000 | $659 +0% | $6,550 +20.6% |
| 1999 | $659 | $5,432 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West Englewood
Nearby schools
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