IL
Cook
Chicago
60651
5527 W Potomac Avenue
5527 W Potomac Avenue, Chicago, IL 60651
Share Listing
Listing Type
Multi Family
Listing Status
active
35
$449,900

Home Details for 5527 W Potomac Avenue

Price
$449,900
Type
Residential Income
Bedrooms
5
Bathrooms
3.0
Square feet
NaN
Year built
1918
County
Cook
Total rooms
14
Garage
2
Basement
Finished, Exterior Entry, Full, Walk-Out Access
Days on site
32
MLS Listing#
12452123
Property Description

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!

Property Features
  • Parking
    • No Garage
    • On Site
    • Detached
    • Garage
  • Basement
    • Finished
    • Exterior Entry
    • Full
    • Walk-Out Access
  • Heating Information
    • Natural Gas
School Information
School Information for 5527 W Potomac Avenue, Chicago, IL 60651
Elementary School
Disney Elementary School Magnet
Middle School
Young Elementary School
High School
Prosser Career Academy Senior Hi
Listing Courtesy: REMAX Legends - 630-216-8000
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-15 15:16:32. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-15 15:16:32
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
Office
Request more details
Code: