Courtesy of RE/MAX Premier, Smith Ryan , Ryan@Smithreo.com

5500 W Adams, Chicago, Illinois, 60644

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!

Active

$410,000

Multi-family

8 bds

4 ba

MLS

12733664

Built in 1914

8440 (2023)

Disclaimer: The information contained in this listing has not been verified by RE/MAX Premier and should be verified by the buyer.

Information provided by MRED

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ADDRESS & DIRECTIONS

  • Street Address: 5500 W Adams
  • City: Chicago
  • State: Illinois
  • County: Cook
  • Directions:
    CORNER OF ADAMS AND LOTUS AVE ONE BLOCK EAST OF CENTRAL

PROPERTY FEATURES

General Information

  • General Information : None

Heating /Cooling Features

  • Heating : Forced Air

Rooms Information

  • Bedrooms (Below Grade) : 0

Construction Features

  • Construction Materials: Brick

Utility Information

  • Water Source : Lake Michigan
  • Sewer Source : Public Sewer

SCHOOLS NEAR 5500 W Adams

  • Listings courtesy of Midwest Real Estate Data (MRED) | Chicago Association of REALTORS® as distributed by MLS GRID. The information being provided by Greater Northwest Indiana Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information related to real estate for sale referenced on the web site comes from Internet data exchange (IDX) program of the Greater Northwest Indiana Association of REALTORS. 618-Coldwell Banker Realty - Chicago is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of 618 Coldwell Banker Realty – Chicago, a broker participant of Greater Northwest Indiana Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes is, deemed reliable but not guaranteed and should not be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Greater Northwest Indiana Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited
  • Courtesy of RE/MAX Premier, Smith Ryan
  • Property last updated on MRED : 8/16/2026 9:55:05 PM