Residential Income for Sale: 3414 W Potomac, Chicago, IL 60651 SOLD

9 beds
$567,500
$567,500
3414 W Potomac, Chicago, IL 60651 SOLD
9 beds
$567,500
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Selling Price: $567,500
Original List Price: $599,900
Sold at 94.6% of list price
Sold Date: 07/16/2024

Type Residential Income
Beds 9
Year Built 1910

City Chicago
County Cook
School District 299

MLS 12029736
Status Closed
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

Room Features

Basement Description Partially Finished, Unfinished

Lot & Building Features

Heating Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2021
Water Lake Michigan, Public
Lot Dimensions 38X125 ft

Price History of 3414 Potomac, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $567,500 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 3414 Potomac, Chicago, IL

Location Map Street View
Photo of Tom OConnor
Tom OConnor
Broker
Direct: 708-237-7790
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by @properties Christie's International Real Estate, Thomas Moran
Sold by Dream Town Real Estate, Tal Haimovitch
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Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: @properties Christie's International Real Estate