Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
17 Properties Within 0.5 miles of: 5500 W Adams, Chicago

5500 W Adams
Chicago, IL 60644

  • Built In 1914
Price

$435,000

Est Payment
$2,881 / month (details)  
Taxes
$9,242  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
50 x 125  
Built
1914  
Neighborhood
South Austin  
MLS
#12590602
Status
Active (4 days)

Property Description

Located on a spectacular corner lot in the heart of the Austin community within a block of historic Columbus Park you will fall in love with the potential these 5 units building offers! Solid all brick exterior with a completely fenced yard that allows secure parking in the rear off the alley this building has great upside! With a center entrance there are 4 units split off the foyer with the fifth unit being in the lower level with a separate access door! Each unit offers a large sun-drenched living room with a formal dining room and two bedrooms. Each units provides rear porch for those summer nights. The fifth unit which is in the lower level needs to be redesigned as currently stripped but has the space to offer an additional two bedrooms. The upside at this price basis is there, the building can be a great rental property and offers HUGE upside from an equity standpoint. Located within blocks of I-290, Public transportation on Madison Ave and much more! Get inside this building today as you often do not find 5 unit value add buildings in this market!

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-15-2026 Listed at $435,000
Last Modified 3/15/26 3:03 PM

Nearby Transportation

  • Bus 20 0.1 mi
  • Bus 126 0.1 mi
  • Bus 85 0.1 mi
  • Bus 57 0.4 mi
  • Bus 7 0.4 mi
  • Bus 12 0.4 mi
  • Bus 91 0.6 mi
  • Bus 54 0.9 mi
  • Bus 66 1.1 mi
  • Bus 86 1.1 mi
  • Green Line 0.6 mi
  • Blue Line 0.9 mi
  • I 290 West 0.5 mi
  • I 290 East 0.6 mi
  • I 55 South 4.3 mi
  • I 55 North 4.3 mi
  • I 90 East 5.0 mi
  • I 94 East 5.0 mi
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