5527 W Potomac Avenue, Chicago, IL 60651

Local realty services provided by:ERA Naper Realty
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#:12522579
Source:MLSNI

Price summary

  • Price:$449,900

About this home

Don't miss this ideal investment opportunity-a professionally managed legal 2-flat with 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) The other two units are vacant and ready for showings. 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

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Home facts

  • Year built:1918
  • Listing ID #:12522579
  • Added:182 day(s) ago
  • Updated:January 01, 2026 at 11:55 AM

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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