5432 W Potomac Avenue, Chicago IL 60651
Property Description
Investors and house hackers, you'll love this North Austin legal 3-flat with a separately metered studio in-law suite, and a 3-car garage! The first floor is a 3-bed apartment with central air, a front sunroom, and a decorative fireplace. Upstairs, you'll find a 2-bedroom and a large 1-bedroom, both with gas-forced air and cute vintage details. Take advantage of the city's ADU expansion in the large basement unit; a little work would increase your profits. This building has significant rental potential, with up to 5 units. There is nothing else like it on the market today, so come check it out!
Features & Information
Key Details
- List Price $470,000
- Property Taxes $2,645
- Year Built 1925
- Status New
- List Market Time 297
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Fireplace-Artificial
- Tenant Pays Electric,Gas,Heat
- Lease Expires NA
-
Unit 2
- Floor 2
- Rooms 4
- Beds 1
- Baths 1
- Appliances Stove, Refrigerator, Fireplace-Artificial
- Rent $1,000/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 01/27
-
Unit 3
- Floor 2
- Rooms 4
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,000/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 07/27
Exterior Features
-
Parking
- # of Cars: 3
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Investors And House Hackers, You'll Love This North Austin Legal 3-flat With A Separately Metered Studio In-law Suite, And A 3-car Garage! The First Floor Has A 3-bed Apartment With A Front Sunroom And A Decorative Fireplace, And An In-law Studio Apartment In Back. Upstairs, You'll Find A 2-bedroom And A Large 1-bedroom, Both With Their Own Gas-forced-air Heat And Cute Vintage Details. All Four Units Have Separate Utilities. This Building Has Significant Rental Potential. Take Advantage Of The City's Adu Expansion By Refinishing The Large Basement Unit; A Little Work Would Increase Your Profits. There Is Nothing Else Like It On The Market Today, So Come Check It Out!
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 2645.28
- Tax Year 2024
- Tax Exemptions Homeowner,Senior
- Parcel Identification Number 16041240300000
Listed by Megan Osberger for Kale Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 8/21/2026 7:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore North Austin
A diverse neighborhood of wide streets and single-family homes, North Austin is anchored by beautifully landscaped parks and recreation facilities. Long rows of brick bungalows and wood-frame houses epitomize North Austin, which has a limited amount of commercial business and nightlife. Instead, this west side Chicago community loves its tranquility and undeveloped nature. Public parks and playlots cover acres of neighborhood land with greenery, athletic fields, tennis and volleyball courts, jogging and walking paths, playground equipment and even an outdoor swimming pool. The indoor park facilities provide North Austin residents with gyms, meeting rooms and an auditorium.
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