Closed

$599,900

3414 Potomac Avenue, Chicago, IL 60651
9 Beds5 Baths24 days
3414 Potomac Avenue·Chicago, IL 60651
9Bedrooms
5Bathrooms
1910Year Built
About This Home

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

MLS# 12029736Listed April 15, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms5
Total Rooms24

Size & Structure

Garage Spaces3
Year Built1910
Lot Size38X125

Location

CountyCook
TownshipLake
Zip Code60651

Financial

List Price$599,900
Annual Taxes (2021)$10,931
Monthly Tax Est.$911
Parcel #16022210290000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedUnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$10,931
Tax Year 2021
Monthly Tax Est.
$911
per month
Property Location

3414 Potomac Avenue, Chicago, IL 60651Cook County

$599,900
3414 Potomac Avenue
9 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
24 days on market
3-car garage
38X125
$10,931/yr taxes
$4,064
estimated monthly payment
Principal & Interest
$3,153/mo
Property Tax
$911/mo
$599,900
20% — $119,980
3%50%
6.875%
3%12%
Loan Amount
$479,920
Down Payment
$119,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Thomas Moran
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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