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$475,000
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Property Description
Charming solid brick two-flat in the Austin neighborhood offering strong investment potential and flexible living arrangements. Each unit features 2 bedrooms, a separate living room, and a formal dining room, along with a nice-sized kitchen featuring tile flooring. Hardwood floors run throughout the living, dining and bedroom areas, adding durability and classic character. A bonus room off one bedroom provides flexible use as a sunroom, enclosed porch, home office, or hobby space. Recent improvements include a recently coated roof and fresh interior paint, giving the property a clean, refreshed presentation. A decorative fireplace with electric insert capability adds additional charm. Full basement with front and rear access offers ample storage and strong potential for future finishing or customization. Detached garage framed, with exterior siding and concrete finishing work remains. Unit 1 is vacant and easy to show. Unit 2 is occupied by a family member also easy to show. Well-maintained structure with solid bones and value-add potential-ideal for investors or owner-occupants seeking additional income.
Full Property Details
Full Property Details for 5233 W Potomac Ave
General
- Price: $475,000
- Taxes: $6,228 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12675559
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: North on Laramie, West on Potomac to property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1922
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1922
- Tax Amount: $6,228.2
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16041280130000
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Schools
Schools serving 5233 W Potomac Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lewis Elementary School 1431 North Leamington Avenue, Chicago, IL 60651 | PK-8 | 0.3 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 5233 W Potomac Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,719
—
$31,000
39%
2023
$4,719
3%
$22,367
—
2022
$4,600
-4%
$22,367
-6%
2021
$4,787
36%
$23,807
51%
2020
$3,509
-2%
$15,753
-12%
2019
$3,597
13%
$17,902
-8%
2018
$3,185
-9%
$19,558
—
2017
$3,498
2%
$19,623
—
2016
$3,430
-6%
$19,623
-13%
2015
$3,648
10%
$22,533
10%
2014
$3,312
2%
$20,421
—
2013
$3,236
12%
$20,421
—
2012
$2,897
—
$20,421
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5233 W Potomac Ave
5233 W Potomac Avenue, Chicago, IL 60651 (MLS# 12675559) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 5233 W Potomac Avenue is currently listed for $475,000 and was received on June 11, 2026. Want to learn more about 5233 W Potomac Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

