5448 West Potomac Avenue
5448 West Potomac Avenue
$298,000
4
2
2,100
2,100
$142
Closed 10/13/21
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...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.
- Listed by Rita Vera • RE/MAX NEXT
- Listed by Nicholas Framularo • RE/MAX NEXT
Sold By Coldwell Banker Residential Brokerage
Property Details for 5448 West Potomac Avenue
Area
CHI - Austin
TownshipWest Chicago
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Cars2.0
Parking Included in PriceYes
Heat/FuelRadiator(s)
ZoningMULTI
Location
LISTING UPDATED: 10/13/2021 05:02 PM
Property Details for 5448 West Potomac Avenue
Status | Closed |
---|---|
MLS # | 11067985 |
Days on Market | 169 |
Taxes | $3,898 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1925 |
Lot Size | 0.09 AC / 3,875 SF |
County | Cook County |
Location
Building Information for 5448 West Potomac Avenue
Stories-Residences2Year Built1925Building Size-Lot Size0.09 AC / 3,875 SF
Payment Calculator
$1,951 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5448 West Potomac Avenue
Property History for 5448 West Potomac Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5448 West Potomac Avenue
Taxable ValueLand$4,710Additions$20,290Total$25,000
Tax Record2022$5,142 ($429 / month)
Home Facts
Baths2Total Finished SqFt2,096 SqFtAbove Grade Finished SqFt2,096 SqFtStories2Lot Size4,710 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyCOOKAPN16-04-124-026Fireplace TypeHas Fireplace
Schools near 5448 West Potomac Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Young Elementary School PublicPK to 8 | ||
Orr Academy High School Public9 to 12 | ||
YCCS West Charter9 to 12 | ||
Banner West Academy High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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