5527 W Potomac Avenue, Chicago, IL 60651

Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
5527 W Potomac Avenue,Chicago, IL 60651
$460,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:kathy szuba
Office:remax legends
MLS#:12452123
Source:MLSNI

Price summary

  • Price:$460,000

About this home

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

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Home facts

  • Year built:1918
  • Listing ID #:12452123
  • Added:57 day(s) ago
  • Updated:August 27, 2025 at 11:39 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:$460,000
  • Tax amount:$4,863 (2023)
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