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    5448 W Potomac Avenue

    Chicago, IL 60651
    • $290,000
    • STATUS: Active Under Contract
    • ON SITE: 95 days
    • MLS #: 11067985
    Under Contract
    UPDATED: 200 min ago
    $290,000
    • 4
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    School District:
    299

    Description

    Multiple offers received. Highest and Best called for by 5pm May 24th. 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.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-07-31T23:52:51.093 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    5448 W Potomac Avenue Chicago, IL 60651

    • Price: $290,000
    • Status: Active Under Contract
    • Updated: 200 min ago
    • MLS #: 11067985
    4
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1925
    Built
    Neighborhood:
    Chi - Austin
    County:
    Cook
    Area:
    Chi - Austin
    Elementary School:
    Young Elementary School
    Middle School:
    Young Elementary School
    High School:
    Orr Community Academy High Schoo
    School District:
    299
    Property Description
    Multiple offers received. Highest and Best called for by 5pm May 24th. 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.
    Exterior Features

    Exterior Building Type Brick Foundation Details Concrete Perimeter Garage On Site Yes Garage Ownership Owned Garage Type Detached Is Parking Includedin Price Yes Number Of Cars 2 Parking Garage Unit1 Floor Level 1 Unit2 Floor Level 2 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building No Appliances Features Unit1 StoveRefrigerator Appliances Features Unit2 StoveRefrigerator Basement FullWalkout Basement Description UnfinishedExterior Access Bathrooms Total Integer 2 Bedrooms Below Grade 0 Bedrooms Possible 4 Full Baths In Building 2 Full Baths In Unit1 1 Full Baths In Unit2 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Heating Radiators Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 2 Number Of Rooms Unit1 5 Number Of Rooms Unit2 5 Room Type Enclosed Porch Rooms Total 10

    Property Features

    Additional Parcels YN No Age Description 91-100 Years Built Before1978 YN Yes Corporate Limits Chicago General Information Commuter Bus Insurance Expense 1880 Lease Exp Date Mo Yr Unit1 05/22 Lease Exp Date Mo Yr Unit2 Mtm Lot Size Oversized Chicago Lot Lot Size Dimensions 31 X 125 New Construction YN No Property Sub Type 2 Flat Rebuilt YN No Rehab YN No Security Deposit Unit1 0 Security Deposit Unit2 0 Sewer Public Sewer Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 3994.75 Tax Year 2019 Tenant Pays Unit1 ElectricGas Tenant Pays Unit2 ElectricGas Total Rental Income 25800 Unit1 Rent 1100 Unit2 Rent 1000 Water Sewer Expense 1539 Water Source Public Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Next.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-07-31T23:52:51.093 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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