$395,000
 $2,120 est/mo Sourced by Back At You

5500 W Adams Street,Chicago, IL 60644

Chicago, IL 60644

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Description

Located on a spectacular corner lot in the heart of the Austin community within a block of historic Columbus Park you will fall in love with the potential these 5 units building offers! Solid all brick exterior with a completely fenced yard that allows secure parking in the rear off the alley this building has great upside! With a center entrance there are 4 units split off the foyer with the fifth possible unit being in the lower level with a separate access door! Each unit offers a large sun-drenched living room with a formal dining room and two bedrooms. Each units provides rear porch for those summer nights. The fifth unit which is in the lower level needs to be redesigned as currently stripped but has the space to offer an additional two bedrooms. The upside at this price basis is there, the building can be a great rental property and offers HUGE upside from an equity standpoint. Located within blocks of I-290, Public transportation on Madison Ave and much more! Get inside this building today as you often do not find value add buildings in this market!

Details

MLS #12733664
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1914
Days On Site22
Listing Provided BySmith Partners & Associates | Ryan Smith

Features

Bed(s)8
Bath(s)4
BasementY

Interior

Rooms Total20
HeatingForced Air

Exterior

Construction MaterialsBrick

Utilities

SewerPublic Sewer

Taxes

Tax Year2023
Tax Annual Amount8440

Area Information

StateIL
CountyCook
CityChicago
Zip Code60644
AreaCHI Austin
Listing VS Median (in 60644)
Price:
$395,000
low | high
Med:
$214,495
95.69746835443% of Average
On site:
22
low | high
Med:
77.5
28.387096774194% of Average
Sourced by Back At You

Market Activity 60644

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60644
AreaCHI Austin
Listing VS Median (in 60644)
Price:
$395,000
low | high
Med:
$214,495
95.69746835443% of Average
On site:
22
low | high
Med:
77.5
28.387096774194% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $296K - $493K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
5501 W Quincy Street Property Photo 1
$649,900
5501 W Quincy Street
Chicago, IL 60644
Listing Updated: September 2, 2026 at 10:10:42 AM PDT
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