New

$470,000

5432 W Potomac Ave, Chicago, IL 60651

6beds

--sqft

$3,509/mo

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Multi Family

Built in 1925

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Decorative fireplaceFront sunroomLarge basement unitCute vintage details

Investors and house hackers, you'll love this North Austin legal 3-flat with a separately metered studio in-law suite, and a 3-car garage! The first floor is a 3-bed apartment with central air, a front sunroom, and a decorative fireplace. Upstairs, you'll find a 2-bedroom and a large 1-bedroom, both with gas-forced air and cute vintage details. Take advantage of the city's ADU expansion in the large basement unit; a little work would increase your profits. This building has significant rental potential, with up to 5 units. There is nothing else like it on the market today, so come check it out!

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 4

Heating

Natural Gas, Forced Air

Features

Basement: Unfinished,Full

Property

Parking

Total spaces: 3
Parking features: Yes, Garage Owned, Detached, Garage
Garage spaces: 3

Lot

Size: 4,972 Square Feet

Details

Parcel number: 16041240300000
Zoning: MULTI
Special conditions: None
Other equipment: Ceiling Fan(s)

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Lake Michigan

Community & HOA

Location

Region: Chicago

Financial & listing details

Tax assessed value: $380,000
Annual tax amount: $2,645
Date on market: 8/13/2026
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2024	$2,645 -56.8%	$38,000 +8.6%
2023	$6,126 +3.3%	$35,000
2022	$5,933 +121.6%	$35,000
2021	$2,677 -3.1%	$35,000 +58.3%
2020	$2,762 +0.3%	$22,106 -12%
2019	$2,754 +1.5%	$25,121
2018	$2,712 -6.6%	$25,121 +0.7%
2017	$2,904 -29.8%	$24,948
2016	$4,139 -9.5%	$24,948
2015	$4,572 +13.2%	$24,948 +14.6%
2014	$4,040 +2%	$21,775
2013	$3,960 +26.1%	$21,775
2012	$3,140 -3.7%	$21,775 -14.6%
2011	$3,260 -21.4%	$25,505
2010	$4,150 +44.8%	$25,505
2009	$2,867 +25.5%	$25,505 -27.4%
2008	$2,283 +2.6%	$35,125
2007	$2,225 -23.8%	$35,125
2006	$2,922 +16.4%	$35,125 +69.1%
2005	$2,510 +1.9%	$20,768
2004	$2,463 -25%	$20,768
2003	$3,286 +16.5%	$20,768 +32.3%
2002	$2,820 +3.7%	$15,699
2001	$2,719 +11.9%	$15,699
2000	$2,430 -14.2%	$15,699 +7.2%
1999	$2,833	$14,650

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: North Austin

Getting around

80 / 100

Very Walkable

63 / 100

Good Transit

56 / 100

Bikeable

Nearby schools

GreatSchools rating

3/10
Young Elementary School
Grades: PK-8Distance: 0.3 mi
1/10
Orr Academy High School
Grades: 9-12Distance: 2 mi

Schools provided by the listing agent

District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.