5500 Adams Street, Austin, Chicago, Illinois 60644


$380,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 8
Baths: 0
Year Built: 1914
Property Taxes: $8,440
Days On Market: 77
Lot Size: 0,00

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 possible 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 value add buildings in this market!

Property Specifics

Multi-unit
—
—
1914
Partially Finished, Full
Brick
—
—
No
—
Cook
—
— / —
—
Lake Michigan
Public Sewer
—
Forced Air
12733664
16161030430000

Property History

DATE: EVENT: PRICE: SOURCE:
23 Oct, 2026 Sold $380,000 MRED MLS
21 Sep, 2026 Under contract $395,000 MRED MLS
— Last price change $410,000 MRED MLS
14 Aug, 2026 Listed for sale $410,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: Partially Finished, Full

Other Specifics

—
—
—
—
—
—
—
—
50X125
—
—
—
—
Not in DB
—
—
—

Tax History

Year Property Taxes
2026 $8,440

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Listing Provided By

Smith Partners & Associates