5527 W Potomac Avenue Chicago IL 60651 MLS #MRD12578112

MLS #MRD12578112 image #0
Legal 2-Flat Chicago Style Brick Building – Great Investment Opportunity Well-maintained legal 2-flat with a garden unit located in the North Austin neighborhood of Chicago. This classic Chicago-style brick building features hardwood floors throughout and updated kitchens and bathrooms in the main units. The property has been freshly painted and is move-in ready. The first and second floor units each have strong rental potential, with projected rents between $1,800-$2,200 per month. Additional features include a two-car garage, a private backyard with space for grilling and outdoor gatherings, and a secure iron gate fence surrounding the property. Located in North Austin, this property is close to community amenities and activities for youth and families, making it an attractive opportunity for both investors and owner-occupants.

Property Details

Price:
$479,000
MLS #:
MRD12578112
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
Feb 24, 2026
Year Built:
1918
Chi – AustinChiaustinDisney Elementary School MagnetYoung Elementary SchoolProsser Career Academy Senior Hi

Schools

School District:
299
Elementary School:
Disney Elementary School Magnet
Middle School:
Young Elementary School
High School:
Prosser Career Academy Senior Hi

Interior

Heating
Natural Gas

Exterior

Community Features
Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Fencing
Fenced
Garage Spaces
2
Parking Features
No Garage, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Porch
Roof
Flat
Window Features
Screens

Financial

Tax Year
2024
Taxes
$5,023

Listing Agent & Office

Miguel Gutierrez
GMC Realty LTD

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