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Solid Brick Two-Flat Duplex
For Sale
Under Contract
$475,000

5233 W Potomac Avenue, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market55

Property Features for 5233 W Potomac Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bedroom 4, Basement, Bathroom 2, Bedroom 1, Bathroom 1
Parking 2
Parking features Garage
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions North on Laramie, West on Potomac to property.
Subdivision CHI - Austin
Standard status Active Under Contract
APN 16041280130000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6228

Utilities

Sewer type Public Sewer
Heating system Other (Heating)

Building Details

Year built 1922
Building materials Brick
Listing Agency: REMAX Legends · RE/MAX International
Listed By: Maria Garcia · License #475147968
Added: Jun 28 Changed: Aug 20 Last Checked: Aug 21 at 6:06PM
MLS# 12690634

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.

Investment Insights

Based on property information with market context.

This solid brick two-flat duplex offers flexible living and strong layout options. Each unit features two bedrooms, a separate living room, and a formal dining room, along with a kitchen with tile flooring. Hardwood floors run through the living, dining, and bedroom areas. One bedroom includes a bonus room that can be used as a sunroom, enclosed porch, home office, or hobby space. A decorative fireplace with an electric insert capability adds character.

The property includes a full basement with front and rear access for storage and possible future finishing. Recent improvements include a recently coated roof and fresh interior paint. Heating is listed as “Other (Heating).” Parking is available via a detached garage; the garage is framed, with exterior siding and concrete finishing work remaining.

Unit 1 is vacant and easy to show, while Unit 2 is occupied by a family member and is also easy to show.

Key Highlights

  • Solid brick construction
  • Two units, each with two bedrooms, separate living room, and formal dining room
  • Hardwood floors in living, dining, and bedroom areas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,292
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick two-flat with hardwood floors and a full basement with front and rear access, plus a detached garage.
Where is this duplex located?
The property is located at 5233 W Potomac Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Solid brick construction; Two units, each with two bedrooms, separate living room, and formal dining room; Hardwood floors in living, dining, and bedroom areas
More about this property
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