5527 Potomac Avenue, Austin, Chicago, Illinois 60651


$479,000

For Sale
Status: Contingent
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built: 1918
Property Taxes: $5,023
Days On Market: 51
Lot Size: 0,00
Map
Street View

Description

Legal 2-Flat Chicago Style Brick Building - Great Investment Opportunity Well-maintained legal 2-flat with a garden unit located in the North Austin neighborhood of Chicago. This classic Chicago-style brick building features hardwood floors throughout and updated kitchens and bathrooms in the main units. The property has been freshly painted and is move-in ready. The first and second floor units each have strong rental potential, with projected rents between $1,800-$2,200 per month. Additional features include a two-car garage, a private backyard with space for grilling and outdoor gatherings, and a secure iron gate fence surrounding the property. Located in North Austin, this property is close to community amenities and activities for youth and families, making it an attractive opportunity for both investors and owner-occupants.

Property Specifics

Multi-unit
1918
No
0
Cook
— / —
12578112
16041250080000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Disney Elementary School Magnet
299
Middle School
Young Elementary School
299 Not in DB
High School
Prosser Career Academy Senior Hi
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
20 May, 2022 Sold $207,375 MRED MLS
21 Mar, 2022 Under contract $200,000 MRED MLS
Last price change $200,000 MRED MLS
22 Feb, 2022 Listed for sale $200,000 MRED MLS
22 Mar, 2026 Under contract $479,000 MRED MLS
24 Feb, 2026 Listed for sale $479,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: Soaking Tub
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
25X125
Not in DB

Tax History

Year Property Taxes
2022 $2,993
2026 $5,023

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Listing Provided By

GMC Realty LTD