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Brick Quadplex With Three-Car Garage
New
For Sale
$415,000

5432 W Potomac Avenue, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market6

Property Features for 5432 W Potomac Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 2
Parking 3
Parking features Garage
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions From Long go west on Potomac
Subdivision CHI - Austin
Standard status Active
APN 16041240300000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2645

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 1925
Building materials Brick
Listing Agency: Kale Realty
Listed By: Megan Osberger · License #475202207
Added: Sep 17 Changed: Sep 21 Last Checked: Sep 22 at 4:06AM
MLS# 12762550

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 1925 brick quadplex contains four residences, including a three-bedroom apartment with a front sunroom and decorative fireplace, a rear studio in-law suite, a two-bedroom apartment, and a one-bedroom apartment. Each residence has separate utilities, while the two upper-level units are equipped with gas forced-air heat. The property is being offered in as-is condition.

A three-car garage provides on-site parking, and the building is served by public sewer. MULTI zoning supports its multifamily classification. Located on W Potomac Avenue in Chicago’s North Austin area, the property offers a four-unit configuration with distinct living spaces and utility separation.

Key Highlights

  • Four‑unit layout with 3‑bedroom, 2‑bedroom, 1‑bedroom, and studio residences
  • Separate utilities for all four units
  • Three‑car garage

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

927
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four separately metered residences with a varied unit mix and dedicated garage parking.
Where is this quadplex located?
The property is located at 5432 W Potomac Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Four‑unit layout with 3‑bedroom, 2‑bedroom, 1‑bedroom, and studio residences; Separate utilities for all four units; Three‑car garage
More about this property
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