Skip main navigation
New
  • $460,000

    5527 W Potomac Ave, Chicago, IL 60651

    5beds
    --sqft
    : 
    Multi Family
    Built in 1918
    -- sqft lot
    $454,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern updatesSpacious layoutsFenced backyardVintage charmEat-in kitchensRecent interior updatesEnclosed porch
    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!
    20 hours
    on Zillow
    |
    228
    |
    20
    |

    Zillow last checked: 7 hours ago

    Listing updated: 22 hours ago

    Listing courtesy of:

    Kathy Szuba, CSC 708-655-4020,

    REMAX Legends

    Source: MRED as distributed by MLS GRID,MLS#: 12452123MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5527 W Potomac Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 3
    Rooms
    • Room types: Enclosed Porch
    Bathroom
    • Features: Soaking Tub
    Heating
    • Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Windows: Screens
    • Basement: Finished,Exterior Entry,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 2
    • Parking features: No Garage, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Features
    • Patio & porch: Porch
    • Fencing: Fenced
    Lot
    • Size: 3,125 Square Feet
    • Dimensions: 25X125
    Details
    • Parcel number: 16041250080000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1918
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer, Other
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Chicago

    Financial & listing details

    • Annual tax amount: $4,862
    • Date on market: 8/21/2025
    • Ownership: Fee Simple
    • Loading
    • Loading