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5527 W Potomac Avenue Chicago, IL 60651

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For Sale
Under Contract
$479,000

MULTI_FAMILY - Chicago, IL

Added:
Feb 24, 2026
Days on Market:
53
Last Refresh:
Apr 18 at 6:06 am

Property Features for 5527 W Potomac Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 2, Bedroom 1, Bedroom 5, Basement, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 2
Parking
2
Parking features
Garage
Window features
Screens
Patio and Porch features
Porch
Fencing
Fenced
Basement
Finished, Full, Exterior Entry, Walk-Out Access
Standard status
Active Under Contract
APN
16041250080000

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
5023

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas

Building Details

Year built
1918
Building materials
Brick
Roof type
Flat

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Listing Contact
Miguel Gutierrez

Listing agent Miguel Gutierrez License #475164336

Listing office GMC Realty LTD 150 S. Bloomingdale Rd Ste.1, Bloomingdale, IL

Listing date Feb 24, 2026

MLS# 12578112 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Chicago Brick Two-Flat with Garden

This well-maintained legal two-flat is a classic Chicago-style brick building with a garden unit, located in the North Austin neighborhood of Chicago. The building features hardwood floors throughout, along with updated kitchens and bathrooms in the main units. Freshly painted, the property is move-in ready. The first and second floor units have strong rental potential, with projected rents between $1,800 and $2,200 per month. Additional features include a two-car garage and a private backyard with space for grilling and outdoor gatherings. A secure iron gate fence surrounds the property. The property is close to community amenities and activities for youth and families, making it an attractive opportunity for both investors and owner-occupants.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.76503
Latitude
41.903732

FAQs

What type of property is this?
Duplex - Well-maintained two-flat with garden unit in North Austin.
Where is this duplex located?
The property is located at 5527 W Potomac Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Legal 2‑flat with garden unit: Offers multiple income streams.; Strong rental income potential: Projected rents of $1,800-$2,200 per unit.; Updated kitchens and bathrooms: Reduces immediate renovation costs.
More about this property
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