5200 Potawatomie Avenue, Chicago, IL
Property Overview
AJ Commercial Group is pleased to announce the successful sale of 5200 N Potawatomie Avenue, a six-unit multifamily property located on Chicago’s Northwest Side.
The building consists of six (6) two-bedroom, one-bath units, with three units recently remodeled featuring updated kitchens and bathrooms. All tenants are on month-to-month leases, providing new ownership with flexibility to increase rents or reposition units over time.
Located in a quiet residential pocket with easy access to local schools, parks, and transportation, the property is well-positioned for long-term stability and income growth.
Property Highlights
- 6-unit multifamily property in Chicago, IL
- Unit mix: (6) 2BR / 1BA
- Three (3) units fully remodeled with new kitchens and baths
- All tenants on month-to-month leases
- 2022 Water heater
- Value-add potential through remaining unit renovations and rent increases
Key Details
- Address: 5200 N Potawatomie Ave, Chicago, IL
- Total Units: 6
- Unit Mix: Six (6) 2BR / 1BA
- Lease Type: Month-to-Month (All Units)
- Submarket: Northwest Side / Chicago - Ohare Neighborhood