5448 Potomac Avenue, Austin, Chicago, Illinois 60651
$298,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1925 |
| Property Taxes: | $3,898 |
| Days On Market: | 2015 |
| Lot Size: | 0,00 |
Description
Buyer's financing fell through! 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. FHA ready (passed previous FHA inspection)! Older windows need replacement. As-is. Multiple offers - highest and best offer due by August 29 at 6 PM.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1925 | |
| Full, Walkout | |
| Brick | |
| Asphalt | |
| — | |
| No | |
| 0 |
| Cook | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| — | |
| Radiator(s) | |
| 11067985 | |
| 16041240260000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Young Elementary School |
299 | — | |
|
Middle School
Young Elementary School |
299 | Not in DB | |
|
High School
Orr Community Academy High Schoo |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 20 Aug, 2018 | Sold | $214,000 | MRED MLS |
| 2 Jul, 2018 | Under contract | $205,000 | MRED MLS |
| 30 May, 2018 | Listed for sale | $205,000 | MRED MLS |
| 13 Oct, 2021 | Sold | $298,000 | MRED MLS |
| 30 Aug, 2021 | Under contract | $290,000 | MRED MLS |
| 27 Apr, 2021 | Listed for sale | $290,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: Enclosed Porch
Other Specifics
| 2 | |
| Concrete Perimeter | |
| Garage | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 31 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $2,542 |
| 2021 | $3,898 |
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