5500 W Adams Street Chicago, IL $ 410,000
5500 W Adams Street
$ 410,000
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5500 W Adams Street

Chicago, IL, 60644
$ 410,000
Bedrooms8 Baths4.0 Sq 3

Monthly Estimate*

$ 2,589

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Multi-Family Home for sale in Chicago, IL

for $410,000 with 8 bedrooms and 4 full baths. This 3 square foot home was built in 1914.

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!

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Multi-Family Active

Price

$ 410,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,440

Style

Year Built

1914

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12733664

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Closing
Construction Materials Brick
Year Built 1914
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status Active
Directions CORNER OF ADAMS AND LOTUS AVE ONE BLOCK EAST OF CENTRAL
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 8440
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 50X125
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Premier

Broker

Ryan@Smithreo.com

Email

Affordability Calculator

$3,292
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,589
Monthly Property Taxes
$703
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/16/2026$410,000 Listed Price

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5500 W Adams Street, Chicago, IL, 60644 is a Multi-Family Home for sale at $410,000 with 3 sqft. 5500 W Adams Street has 8 bedrooms, 4.0 baths, and was built in 1914. The property's zip code is 60644 which is in Chicago, IL