Multifamily Building with Three-Car
New
For Sale
$470,000
5432 W Potomac Avenue, Chicago, IL 60651
1925 multifamily property with three apartments, a separately metered studio suite, and basement expansion potential.
Property SizeContact for details
Days on Market2
Property Features for 5432 W Potomac Avenue
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Residential Income
Zoning
MULTI
Taxes and HOA fees
Annual Taxes
$2,645
Building Details
Year Built
1925
Buildings
1
Listing Agency:
Kale Realty
(312) 939-5253
Listed By:
Megan Osberger
(312) 939-5253
Source:
Birdrealtysells
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 22 at 6:36AM
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 Kale Realty
Investment Insights
Based on property information with market context.
This 1925 multifamily property includes three apartment layouts, a separately metered studio in-law suite, and a three-car garage. The first-floor residence contains three bedrooms, central air, a front sunroom, and a decorative fireplace. The upper level includes one two-bedroom apartment and one larger one-bedroom apartment, each with gas-forced-air heating and vintage interior details.
A spacious basement unit provides an opportunity for additional buildout, with the source information indicating potential for as many as five units overall. The property is identified as MULTI zoning. Existing features include separate metering for the studio suite and multiple residential configurations within the building.
A spacious basement unit provides an opportunity for additional buildout, with the source information indicating potential for as many as five units overall. The property is identified as MULTI zoning. Existing features include separate metering for the studio suite and multiple residential configurations within the building.
Key Highlights
- Three apartment layouts within a 1925 multifamily building
- Separately metered studio in‑law suite
- Three‑car garage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - 1925 multifamily property with three apartments, a separately metered studio suite, and basement expansion potential.
Where is this multifamily property located?
The property is located at 5432 W Potomac Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Three apartment layouts within a 1925 multifamily building; Separately metered studio in‑law suite; Three‑car garage
