$298,000
$290,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
5448 W Potomac AVE Chicago, IL 60651
4 Beds
2 Baths
Key Details
Sold Price $298,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11067985
Sold Date 10/13/21
Bedrooms 4
Year Built 1925
Annual Tax Amount $3,897
Tax Year 2020
Lot Dimensions 31 X 125
Property Sub-Type Two to Four Units
Property Description
Buyer's financing fell through! Solid two-flat on a tree-lined street in Chicago's Austin neighborhood! Built in 1925, this brick building features two spacious units with two bedrooms, 1 bathroom each. First floor is a duplex down rented at $1100/mo through May 2022; tenant can exercise 1 year extension 60 days prior to end of term which would take the lease through May 2023 at $1150/mo. The second floor is a simplex rented for $1000/mo on MTM and can be vacated prior to closing. Each unit features a spacious living room with faux fireplace, formal dining room, hardwood floors, roomy bedrooms, and eat-in kitchens. ! Plus ! Enclosed porch and Large backyard. Detached two-car garage. Full, unfinished basement is accessible from front hall, interior of 1st floor, and exterior (back). Dry basement with drain tile and sump pump as well as plumbed for shower and toilet. Radiator heat. Boiler (1994); Water Heater (2005); Shingled roof ~5 years old. Possibility for adding central air via attic space on 2nd floor. No flat roof here! First floor tenant pays own electric and half of heating gas bill. Second floor tenant pays own electric and cooking gas. Turnkey investment! Check out the 3D tour of each floor. FHA ready (passed previous FHA inspection)! Older windows need replacement. As-is. Multiple offers - highest and best offer due by August 29 at 6 PM.
Location
State IL
County Cook
Area Chi - Austin
Zoning MULTI
Rooms
Basement Unfinished, Exterior Entry, Full, Walk-Out Access
Interior
Heating Radiator(s)
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Young Elementary School
Middle Schools Young Elementary School
High Schools Orr Community Academy High Schoo
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Charlie Jones of Coldwell Banker Residential Brokerage






