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Brick Two-Flat with Basement
For Sale
$475,000
Pending

5233 West Potomac Avenue, Chicago, IL 60651

Solid brick two-flat offers two bedrooms per unit, bonus room flexibility, and a full basement with front and rear access.

Property SizeContact for details
Days on Market74

Property Features for 5233 West Potomac Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Flat

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,228

Building Details

Year Built 1922
Construction brick
Tenancy Multi
Listing Agency: REMAX Legends
Listed By: Maria Garcia · License #475147968
Source: Compass
Added: Jun 27 Changed: Aug 8 Last Checked: Jul 24 at 12:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Legends

Investment Insights

Based on property information with market context.

Solid brick two-flat with two residential units, each featuring two bedrooms, a separate living room, and a formal dining room. Kitchens include tile flooring, and hardwood floors run through the living, dining, and bedroom areas. One unit also includes a bonus room off a bedroom that can be used as a sunroom, enclosed porch, home office, or hobby space. A decorative fireplace with electric insert capability adds character. The property has a recently coated roof and fresh interior paint.

The full basement provides front and rear access and offers substantial storage, with potential for future finishing or customization. A detached garage is framed, with exterior siding and concrete finishing work remaining.

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

Key Highlights

  • Solid brick two‑flat built in 1922 with 2 bedrooms per unit plus a separate living room and formal dining room
  • Bonus room off one bedroom offers flexible use as a sunroom, enclosed porch, home office, or hobby space
  • Hardwood floors in the living, dining, and bedroom areas; kitchen features tile flooring

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

2
Residential units
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 - Solid brick two-flat offers two bedrooms per unit, bonus room flexibility, and a full basement with front and rear access.
Where is this duplex located?
The property is located at 5233 West 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 two‑flat built in 1922 with 2 bedrooms per unit plus a separate living room and formal dining room; Bonus room off one bedroom offers flexible use as a sunroom, enclosed porch, home office, or hobby space; Hardwood floors in the living, dining, and bedroom areas; kitchen features tile flooring
More about this property
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