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5500 W Adams Street, Chicago, IL 60644

$425,000
  • 5500 W Adams Street, Chicago, IL 60644 Main Photo

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Active Price Reduced by $10,000 on May 14th, 2026
BEDS0 BATHS MLS#12590602
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property 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!

5500 W Adams Street | MLS# 12590602

This multi-family property located at 5500 W Adams Street, Chicago, IL 60644 is currently listed for sale with an asking price of $425,000. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 50 x 125
Stories: 2.0
Taxes: $9,242
Year Built: 1914

Feature Descriptions

Exterior: Brick
HVAC: Gas, Hot Water
Lot Dimensions: 50 x 125
Parcel#: 16161030430000
Parking: 1-5 Spaces
Units: 5

Listed By / Shown By

Listed By

Agency Name: RE/MAX Premier
Agency Phone: 708-246-6300

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Estimated Payment

$ 1,839.99 per month $945.87 Principal & Interest $770.17 Property Tax $123.96 Homeowner's Insurance

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