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2151 W Potomac Avenue Chicago, IL 60622
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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11881562
Sold Date 11/29/23
Style Greystone
Bedrooms 8
Year Built 1897
Annual Tax Amount $13,205
Tax Year 2021
Lot Dimensions 26 FT X 119 FT
Property Description
Wicker Park: 3-unit building on a highly desirable and quiet tree-lined street just 2 blocks from Damen and Division Streets and a plethora of world-class restaurants and shops. Only 6 blocks from the Blue Line Damen "L" Stop and offering easy access to the expressway, downtown Chicago and O'Hare Airport as well, this building sits in an unbeatable, A+ location in one of the city's finest neighborhoods. It's a rare opportunity to acquire and rehab a beautiful building into high-end apartments, perfect for the investor or live-in owner with rental income from the other apartments to pay your mortgage. Spectacular owner's duplex apartment could be created by combining two apartments into one large 4 BR, 3BTH home or by duplexing the first floor into the currently unfinished basement. This building would also make a great condo conversion as well due to its highly desirable RT-4 zoning. The possibilities are limitless and the building already has a new tear-off roof (2022) and all new back decks and stairs, so some of the larger improvements have already been completed for you. Large, unfinished basement with front and back entrance, laundry hookups and ample storage as well as a back yard and garage (front entrance to basement is currently shut, but could be easily reopened.) All this in the highly sought after Pritzker School District. Offered at an exceptional price, this solid building is ready for your dreams and development.
Location
State IL
County Cook
Community Curbs, Gated, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Radiator(s)
Fireplace N
Exterior
Exterior Feature Deck, Cable Access
Garage Detached
Garage Spaces 1.5
Waterfront false
View Y/N true
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Pritzker Elementary School
Middle Schools Pritzker Elementary School
High Schools Clemente Community Academy Senio
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Alejandro Martinez • eXp Realty, LLC