5505 W Potomac Avenue, Chicago, IL 60651 - Photo 1

1/1

$505,000

Sold
Closed
Multi-Family
6 Total Beds
2 Car Garage

1/1

Property Description

Introducing a stunning brick modern multifamily building that perfectly blends style and functionality. This exquisite two-story property boasts two beautifully renovated units, each featuring three spacious bedrooms and a full bath, ideal for families or tenants. Step inside to discover the heart of the home - gorgeous kitchens adorned with 42-inch white shaker cabinets and luxurious Carrera quartz countertops. With upgrades include a newer roof, garage, and porch, furnaces and air conditioning units, this property offers peace of mind. The bathrooms are thoughtfully designed with modern vanities, sleek lighting, stylish faucets, mirrors, and fixtures. This multifamily gem is perfect for owner-occupants looking to reside in one unit while renting out the other or for investors seeking a turnkey property. Plus, the basement is supports an in-law suite build-out, adding even more potential square footage to this remarkable offering. Don't miss the chance to make this modern multifamily building your new home or investment opportunity!

Full Property Details

Full Property Details for 5505 W Potomac Ave

General

Sold For: $505,000
Taxes: $4,936 (2022)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12336211
Added to Site: 281 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 6

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 4
Parking Features: Garage Door Opener, Carport, On Site, Garage Owned, Detached, Off-Alley, Owned, Garage
Parking On-Site: Yes

Location

Area: CHI - Austin
County: Cook
Driving Directions: Turn right onto W Division St, Turn right onto N Pine Ave, Turn left onto W Potomac Ave

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Lake Michigan

Structural Information

Architectural Style: Brownstone
Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished, Full
Year Built: 1918
Built Before 1978: Yes
Remodeled/Updated: 2021

Unit Information

Units in Building: 2

Lot Features

Lot Size (Acres): 0.09
Lot Size Range: Less than .25 Acre
Lot Dimensions: .09
Zoning: MULTI

Financial Considerations

Assessment Year: 1918
Tax Amount: $4,936
Tax Year: 2022

Disclosures and Reports

Ownership: Fee Simple
Property ID: 16041250150000

Listed by First Midwest Realty LLC
Sold by Kale Realty

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 5505 W Potomac Ave —

First Midwest Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 5505 W Potomac Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Young Elementary School 1434 North Parkside Avenue, Chicago, IL 60651	PK-8	0.3 mi
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624	9-12	2.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5505 W Potomac Ave

Date

Details

Price

Change

Source

7/31/2025

Sold

$505,000

—

MLS

5/24/2025

Price Reduced

$505,000

-0.98%

MLS

4/11/2025

Listed

$510,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

1826 S 49th Ct, Cicero, IL 60804 - Photo 1

Just Listed

$459,000

1826 S 49th Ct Cicero, IL 60804

Single Family
Active
Updated 3 days ago

5
Beds
2
Total Baths
1,900
Sq. Ft.

4911 W 14th St, Cicero, IL 60804 - Photo 1

Just Listed

$27

4911 W 14th St Cicero, IL 60804

Commercial Lease
Active
Updated 3 days ago

3332 S 59th Ave, Cicero, IL 60804 - Photo 1

Just Listed

$330,000

3332 S 59th Ave Cicero, IL 60804

Single Family
Active
Updated 11 hours ago

3
Beds
2
Total Baths
2,187
Sq. Ft.

5507 W Cermak Rd, Cicero, IL 60804 - Photo 1

Just Listed

$349,900

5507 W Cermak Rd Cicero, IL 60804

Commercial
Active
Updated 4 days ago

1809 S 49th Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-3.23%)

$299,900

1809 S 49th Ave Cicero, IL 60804

Multi-Family
Active
Updated 5 days ago

3
Total Beds

1638 S Central Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$2,000 (-0.73%)

$272,900

1638 S Central Ave Cicero, IL 60804

Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
1,700
Sq. Ft.

5734 W Cermak Rd, Cicero, IL 60804 - Photo 1

Price Reduced

-$36,000 (-5.26%)

$649,000

5734 W Cermak Rd Cicero, IL 60804

Lots/Land
Active
Updated 1 day ago

1337 S Austin Blvd, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-1.74%)

$565,000

1337 S Austin Blvd Cicero, IL 60804

Multi-Family
Active
Updated 17 hours ago

5
Total Beds

1138 N Central Ave, Chicago, IL 60651 - Photo 1

Sold

$430,000

1138 N Central Ave Chicago, IL 60651

Single Family
Closed

5
Beds
2
Total Baths
2,295
Sq. Ft.

1428 N Central Ave, Chicago, IL 60651 - Photo 1

Sold

$459,900

1428 N Central Ave Chicago, IL 60651

Single Family
Closed

6
Beds
3
Total Baths
1,997
Sq. Ft.

5414 W Haddon Ave, Chicago, IL 60651 - Photo 1

Sold

$449,900

5414 W Haddon Ave Chicago, IL 60651

Single Family
Closed

6
Beds
3
Total Baths
1,692
Sq. Ft.

1509 N Central Ave, Chicago, IL 60651 - Photo 1

Sold

$470,000

1509 N Central Ave Chicago, IL 60651

Multi-Family
Closed

9
Total Beds

5505 W Potomac Avenue, Chicago, IL 60651 (MLS# 12336211) is a Multi-Family property that was sold at $505,000 on July 31, 2025. Want to learn more about 5505 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.

5505 W Potomac Ave Chicago, IL 60651