5451 Potomac Avenue, Austin, Chicago, Illinois 60651


$370,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 0
Year Built: 1920
Property Taxes: $4,504
Days On Market: 812
Lot Size: 0,00
Map
Street View

Description

Welcome to this remarkable 2-flat property nestled on a serene and quiet block, offering a unique opportunity for comfortable living and flexible investment. Boasting two expansive 3-bedroom, 1-bathroom units, this property is an excellent choice for both homeowners and savvy investors seeking rental income. The sizable basement presents an exciting opportunity for an Additional Dwelling Unit (ADU), offering additional living space or rental income potential. Separate utilities for each unit provide hassle-free management and utility cost allocation. A 2-car garage provides secure parking and storage space, enhancing the property's functionality and value. The huge basement not only offers laundry hookups for each unit but also serves as a canvas for creative expansion ideas. A brand-new roof ensures peace of mind and minimizes maintenance expenses. With low taxes and expenses, this property is a financially attractive investment. Situated on a quiet and peaceful block, this property provides a serene escape while remaining close to essential amenities, schools, parks, and public transportation. Whether you're an investor looking for a property with diverse income streams or a homeowner seeking a residence with the potential for rental income, this jumbo 2-flat offers endless possibilities. Don't miss out on this chance to own a property that combines comfortable living spaces, investment potential, and low expenses. Schedule a viewing today and envision the lifestyle and opportunities that await!

Property Specifics

Multi-unit
1920
No
0
Cook
— / —
11873646
16041260070000

Property History

DATE: EVENT: PRICE: SOURCE:
8 Feb, 2011 Sold $37,500 MRED MLS
11 Jan, 2011 Under contract $35,000 MRED MLS
8 Oct, 2010 Listed for sale $35,000 MRED MLS
26 Dec, 2019 Sold $242,000 MRED MLS
31 Oct, 2019 Under contract $289,000 MRED MLS
24 Jul, 2019 Listed for sale $289,000 MRED MLS
30 Jan, 2024 Sold $370,000 MRED MLS
11 Dec, 2023 Under contract $385,000 MRED MLS
Last price change $399,000 MRED MLS
30 Aug, 2023 Listed for sale $419,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

2
25X125
Not in DB

Tax History

Year Property Taxes
2011 $3,151
2019 $3,597
2024 $4,504

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Listing Provided By

Exit Strategy Realty