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18 Properties Within 0.5 miles of: 5527 W Potomac, Chicago

5527 W Potomac
Chicago, IL 60651

  • 5 Beds
  • Built In 1918
Price

$449,900

Est Payment
$2,790 / month (details)  
Taxes
$4,863  
Beds
5  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25X125  
Built
1918  
Neighborhood
North Austin  
MLS
#12522579
Status
Active (13 days)

Property Description

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!

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer, Other

Additional Information

Parking
2 Garage Spaces, No Garage, Yes, Garage Owned, Detached, Garage, Parking included in price
Schools
Prosser Career Academy Senior Hi (299), Young Elementary School (299), Disney Elementary School Magnet (299)

Payment Calculator

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

Listing History

11-22-2025 Listed at $449,900
11-24-2025 Status changed to Under Contract
12-03-2025 Status changed to Active
Last Modified 12/3/25 5:38 PM

Nearby Transportation

  • Bus 85 < 0.1 mi
  • Bus 70 0.1 mi
  • Bus 72 0.4 mi
  • Bus 57 0.5 mi
  • Bus 91 0.5 mi
  • Bus 66 0.6 mi
  • Bus 86 0.9 mi
  • Bus 54 1.0 mi
  • Bus 65 1.0 mi
  • Bus 73 1.0 mi
  • Milwaukee West 0.9 mi
  • Green Line 1.1 mi
  • I 290 West 2.2 mi
  • I 290 East 2.3 mi
  • I 90 East 3.7 mi
  • I 94 East 3.7 mi
  • I 90 West 3.8 mi
  • I 94 West 3.8 mi
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