Active
5500 W Adams Street, Chicago, IL
  • $420,000
  • $425,000

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 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 5 unit value add buildings in this market!

  • Listing Courtesy of: RE/MAX Premier

Details

Updated on June 28, 2026 at 12:08 am
  • Property ID MRD12590602
  • Price $420,000
  • Year Built 1914
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 16161030430000
  • MLS Status Active
  • Days On Market 105
  • Cumulative Days On Market 96
  • Tax Annual Amount 9242
  • Directions Corner of Adams and Lotus Ave, one block east of Central
  • StoriesTotal 2

Address

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  • Address 5500 W Adams Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60644
  • Country United States

Overview

Property ID: MRD12590602
  • Multi Family
  • Property Type
  • 1914
  • Year Built

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