5527 W Potomac Avenue, Chicago, IL 60651
Local realty services provided by:Results Realty ERA Powered
5527 W Potomac Avenue,Chicago, IL 60651
$449,900
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kathy szuba
Office: remax legends
MLS#:12452123
Source:MLSNI
Price summary
- Price:$449,900
About this home
Don't miss this ideal investment opportunity-a professionally managed legal 2-flat withs g a garden-level in-law unit in Chicago's growing Austin neighborhood. This classic brick building combines vintage charm with modern updates, making it a great fit for investors or owner-occupants alike. The property includes a 2-bed, 1-bath main-floor unit and a 3-bed, 1-bath upper unit with an enclosed porch that works perfectly as a den or third bedroom. The garden apartment is currently rented for $1,050/month to a dependable, long-term tenant. Combined with parking income ($130) One unit is currently vacant, and the second unit will be vacating at the end of the month-ideal for buyers looking to move in or set their own rents. Live in one unit, rent the others. Each unit features spacious layouts with hardwood floors, separate living and dining rooms, and eat-in kitchens. Extras include a fenced backyard, 2-car garage, recent interior updates (completed in early 2024), and low property taxes (no homeowner exemption currently applied). Located near major bus routes and expressways with a Walk Score of 78, this is a solid, flexible asset in a prime location. FHA buyers welcome. Schedule your showing today and make a smart move!
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Home facts
- Year built:1918
- Listing ID #:12452123
- Added:135 day(s) ago
- Updated:November 15, 2025 at 12:06 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1918
Schools
- High school:Prosser Career Academy Senior Hi
- Middle school:Young Elementary School
- Elementary school:Disney Elementary School Magnet
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$449,900
- Tax amount:$4,863 (2023)
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