5500 W Adams Street — Chicago, IL 60644
Active
▼ $15,000
Chicago, IL 60644

5500 W Adams Street

$420,000
0 beds · 0 baths
$15,000 below original 90 days on market $9,242/yr taxes
01About this home

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!

02Inside the home
03By the numbers
$420,000
List price
Square feet
Bedrooms
Bathrooms
1914
Year built
Lot size
Garage spaces
$9,242
Annual taxes
Multi Family 5+
Style
90
Days on market
04Features
Construction
Brick
05Neighborhood
  • MacArthur's Restaurant 850 ft
  • Uncle Remus 0.2 mi
  • Ted’s Place 0.5 mi
  • The Licking 0.5 mi
  • Winners Sports Bar & Grill 0.6 mi
  • McDonald's 0.6 mi
  • Leamington Foods 800 ft
  • BP Shop 0.4 mi
  • Gulf 0.5 mi
  • BP Shop 0.8 mi
  • Shell 0.8 mi
  • Aldi 0.8 mi
  • North Playground 0.4 mi
  • Columbus Park 0.5 mi
  • Moore Park 0.5 mi
  • Cottonwood Park 0.6 mi
  • Levin Park 0.7 mi
  • Austin Town Hall Park 0.7 mi
  • Eastgate Café 0.9 mi
  • New Sound Cafe 0.9 mi
  • Dunkin' 1.0 mi
  • Dunkin' 1.0 mi
  • Buzz Cafe 1.0 mi
  • The Happy Apple Pie Shop 1.0 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 12, 2026
Price reducedThis listing
RE/MAX Premier
$420,000
−$15,000
Mar 15, 2026
Listed for saleThis listing
RE/MAX Premier
$435,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by RE/MAX Premier · Ryan Smith · 708-246-6300
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12590602
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