5527 W Potomac Ave Chicago, IL 60651
Austin NeighborhoodEstimated payment $2,911/month
Total Views
7,830
5
Beds
3
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Hot Property
- Enclosed Patio or Porch
- Fenced
- Gated Community
- Soaking Tub
- 4-minute walk to Davis Park
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 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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,863
Year Built
- Built in 1918 | Remodeled in 2024
Lot Details
- Lot Dimensions are 25x125
- Fenced
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Window Screens
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
- Soaking Tub
Outdoor Features
- Enclosed Patio or Porch
Schools
- Disney Elementary School Magnet
- Young Elementary Middle School
- Prosser Career Academy Senior Hi High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Community Details
- 2 Units
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $460,000 | +121.8% | -- |
| 05/20/2022 05/20/22 | Sold | $207,375 | +3.7% | -- |
| 03/15/2022 03/15/22 | For Sale | $200,000 | 0.0% | -- |
| 03/08/2022 03/08/22 | Pending | -- | -- | -- |
| 03/02/2022 03/02/22 | Pending | -- | -- | -- |
| 02/22/2022 02/22/22 | For Sale | $200,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
About the Listing Agent
Kathy is a bilingual realtor (Polish) who collaborates with buyers and sellers of residential real estate, helping them determine what the right fit is for them and ensuring the best quality of life and financial value possible. Kathy's determination helps her clients achieve their goals. When collaborating with a client, Kathy puts herself in her client's shoes for the duration of the search or sale process. Her empathy and compassion, fueled by a keen eye for her client's preferences and best
Kathy's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12452123
APN: 16-04-125-008-0000
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