For more information regarding the value of a property, please contact us for a free consultation.
3414 W Potomac Avenue Chicago, IL 60651
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $567,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12029736
Sold Date 07/16/24
Bedrooms 9
Year Built 1910
Annual Tax Amount $10,931
Tax Year 2021
Lot Dimensions 38X125
Property Description
Large Brick "L" shaped "front-back" 4 Flat with bonus non-conforming 5th basement unit and 3 car garage on a 38 wide lot makes this an incredible money-making investors "DREAM"...with TONS OF UPSIDE! Front units are 2 beds/1 bath and have both been rehabbed and updated - with new kitchen/baths/floors/walls are below market rented in their current condition. Rear unit are "original" and need work/rehab to value add and maximize the buildings cash flow. Bonus basement non confirming garden in-law currently rents for $600 and offers additional upside rent potential. Massive 3 car Garage generates $225/mth currently. Separate HVAC gas forced air in each unit. Roof is less than 5 years old, windows are mostly older. Bldg sold AS IS
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Detached
Garage Spaces 3.0
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Read Less
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Tal Haimovitch • Dream Town Real Estate
GET MORE INFORMATION