5448 W Potomac AVE, Chicago, IL 60651
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5448 W Potomac AVE, Chicago, IL 60651
5448 W Potomac AVE, Chicago, IL 60651
5448 W Potomac AVE, Chicago, IL 60651
5448 W Potomac AVE, Chicago, IL 60651

$298,000

Est. payment /mo

$290,000

2.8%
Est.Price: ?

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5448 W Potomac AVE Chicago, IL 60651

4 Beds

2 Baths

SOLD DATE : 10/13/2021

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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Midwest Real Estate Data (MRED) IDX
Listed by Rita Vera of  RE/MAX NEXT 
Bought with Charlie Jones of Coldwell Banker Residential Brokerage
Rita Vera

Rita Vera

Founder, REALTOR®, Property Manager, & Community Association Manager

+1(773) 319-9370

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