5527 W Potomac Avenue, Chicago, IL 60651
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5527 W Potomac Avenue,Chicago, IL 60651
$449,900
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kathy szuba
Office: remax legends
MLS#:12522579
Source:MLSNI
Price summary
- Price:$449,900
About this home
Don't miss this ideal investment opportunity-a professionally managed legal 2-flat with 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) The other two units are vacant and ready for showings. 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!
Contact an agent
Home facts
- Year built:1918
- Listing ID #:12522579
- Added:161 day(s) ago
- Updated:December 11, 2025 at 12:28 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:$449,900
- Tax amount:$4,863 (2023)
New listings near 5527 W Potomac Avenue
$278,000Pending5 beds 2 baths2345 N Lockwood Avenue N, Chicago, IL 60639
MLS# 12451377Listed by: BETANCOURT REALTY- New
$885,000Active4 beds 4 baths1,920 sq. ft.3219 N Richmond Street, Chicago, IL 60618
MLS# 12531139Listed by: WILK REAL ESTATE - New
$229,999Active3 beds 1 baths1,700 sq. ft.602 E 88th Place, Chicago, IL 60619
MLS# 12531149Listed by: REALTY OF AMERICA, LLC - New
$1,500,000Active0.35 Acres2948-2958 N Narragansett Avenue, Chicago, IL 60634
MLS# 12527243Listed by: ALLURE REAL ESTATE - New
$339,900Active2 beds 2 baths1,200 sq. ft.3111 W Lawrence Avenue #D202, Chicago, IL 60625
MLS# 12528413Listed by: MY REALTY CHICAGO INC - New
$349,900Active5 beds 2 baths2,112 sq. ft.4322 S Keating Avenue, Chicago, IL 60632
MLS# 12529461Listed by: BERG PROPERTIES - Open Sat, 12 to 2pmNew
$385,000Active9 beds 4 baths5114 S Justine Street, Chicago, IL 60609
MLS# 12530965Listed by: REALTY OF AMERICA, LLC - New
$625,000Active2 beds 3 baths1942 S Prairie Avenue #3, Chicago, IL 60616
MLS# 12531010Listed by: KELLER WILLIAMS PREFERRED REALTY - New
$204,999Active4 beds 2 baths1,200 sq. ft.9117 S Wallace Street, Chicago, IL 60620
MLS# 12531078Listed by: GOLDEN CITY REALTY, INC. - New
$300,000Active7 beds 5 baths7653 S Bishop Street, Chicago, IL 60620
MLS# 12446715Listed by: KELLER WILLIAMS ONECHICAGO