5451 West Potomac Avenue
5451 West Potomac Avenue
$370,000
6
2
1,306
1,306
$283
Closed 1/30/24
Description
Welcome to this remarkable 2-flat property nestled on a serene and quiet block, offering a unique opportunity for comfortable living and flexible investment. Boasting two expansive 3-bedroom, 1-bathroom units, this property is an excellent choice for both homeowners and savvy investors seeking rental income. The sizable basement presents an exciting opportunity for an Additional Dwelling Unit (ADU), offering additional living space or rental income potential. Separate utilities for each unit provide...Welcome to this remarkable 2-flat property nestled on a serene and quiet block, offering a unique opportunity for comfortable living and flexible investment. Boasting two expansive 3-bedroom, 1-bathroom units, this property is an excellent choice for both homeowners and savvy investors seeking rental income. The sizable basement presents an exciting opportunity for an Additional Dwelling Unit (ADU), offering additional living space or rental income potential. Separate utilities for each unit provide hassle-free management and utility cost allocation. A 2-car garage provides secure parking and storage space, enhancing the property's functionality and value. The huge basement not only offers laundry hookups for each unit but also serves as a canvas for creative expansion ideas. A brand-new roof ensures peace of mind and minimizes maintenance expenses. With low taxes and expenses, this property is a financially attractive investment. Situated on a quiet and peaceful block, this property provides a serene escape while remaining close to essential amenities, schools, parks, and public transportation. Whether you're an investor looking for a property with diverse income streams or a homeowner seeking a residence with the potential for rental income, this jumbo 2-flat offers endless possibilities. Don't miss out on this chance to own a property that combines comfortable living spaces, investment potential, and low expenses. Schedule a viewing today and envision the lifestyle and opportunities that await!
- Listed by Shaheen Pervaiz • Exit Strategy Realty
Sold By Jakubco Development, Inc
Property Details for 5451 West Potomac Avenue
Area
CHI - Austin
TownshipWest Chicago
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Heat/FuelNatural Gas
ZoningMULTI
Location
LISTING UPDATED: 01/31/2024 04:58 PM
Property Details for 5451 West Potomac Avenue
Status | Closed |
---|---|
MLS # | 11873646 |
Days on Market | 153 |
Taxes | $4,504 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1920 |
Lot Size | 0.07 AC / 3,125 SF |
County | Cook County |
Location
Building Information for 5451 West Potomac Avenue
Stories-Residences2Year Built1920Building Size-Lot Size0.07 AC / 3,125 SF
Payment Calculator
$2,395 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5451 West Potomac Avenue
Property History for 5451 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 5451 West Potomac Avenue
Taxable ValueLand$4,166Additions$18,238Total$22,404
Tax Record2022$4,608 ($384 / month)
Home Facts
Baths2Total Finished SqFt2,448 SqFtAbove Grade Finished SqFt2,448 SqFtStories2Lot Size4,166 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyCOOKAPN16-04-126-007
Schools near 5451 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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