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$460,000
1 Day On Site

5527 W Potomac Avenue
Chicago, IL 60651

For Sale|Multi Family|Active
5
Beds
3
Total Baths
1918
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of REMAX Legends
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312-767-7744
Upcoming Open Houses
Sun, Aug 24, 1:00 PM - 3:00 PM
5527 W Potomac Avenue5527 W Potomac Avenue5527 W Potomac Avenue5527 W Potomac Avenue
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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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Listing Snapshot
Price 
$460,000
Days On Site 
1 Day
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1918
MLS® Number 
12452123
Status 
Active
Property Tax 
$4,862.78
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
2
Parking 
No GarageOn SiteDetachedGarage
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public SewerOther
Zoning 
MULTI
Interior Features
Basement 
FinishedExterior EntryFullWalk-Out Access
Heating 
Natural Gas
Window Features 
Screens
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Exterior Features
Construction Details 
Brick
Fencing 
Fenced
Patio And Porch 
Porch
Roof 
Flat
Windows/Doors 
Screens
Community Features
Community Features 
CurbsGatedSidewalksStreet Lights
MLS Area 
CHI - Austin
School District 
Prosser Career Academy Senior Hi
Township 
West Chicago
Schools
School District
Prosser Career Academy Senior Hi
Elementary School
Disney Elementary School Magnet
Middle School
Young Elementary School
High School
Prosser Career Academy Senior Hi
Listing Courtesy of MRED as distributed by MLS Grid of REMAX Legends



Based on information submitted to the MLS GRID as of 2025-08-22 09:59 PM UTC. 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 checked: 2025-08-22 09:59 PM UTC
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Neighborhood & Commute
Source: Walkscore
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