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About the Listing 27936 - 242338
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!
Listing Highlights for 5527 W Potomac Ave
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
12452123
Year Built
1918
Total Square Footage
0
Lot/Acreage
25X125
County
Cook
Area
CHI - Austin
School District
299
Elementary School
Disney Elementary School Magnet
Middle School
Young Elementary School
High School
Prosser Career Academy Senior High
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: CO Detectors,Water Heater-Gas
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Exterior Entry,Full,Walk-Out Access
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 25X125
- Zoning: MULTI
- Roof: Flat
- Others:
- Sewer: Public Sewer,Other
- Parking Features: No Garage,On Site,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $4,863
- Taxes w/Assessments: N/A
- Tax/Property ID: 16041250080000
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
5527 W Potomac Ave Chicago, IL 60651
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