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2642 W Potomac AVE Chicago, IL 60622
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Key Details
Sold Price $857,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10033823
Sold Date 12/21/18
Style Greystone
Bedrooms 10
Year Built 1899
Annual Tax Amount $7,936
Tax Year 2017
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Turn-key positive cash flow 3-flat in hot Humboldt Park. Complete gut rehab in the last 2 years include individual 100 amp electricity, separate GFA heat and central air conditioning, new windows and new plumbing. Tenant pays electricity and gas. Condo quality kitchens with dark oak cabinets, granite counter tops, under mount sink, microwave and stainless steel appliances. Each unit has individual in-unit washer and dryer. 3 tandem parking spaces in rear for a total of 6 cars. Rents are below market along with opportunity to better monetize parking. Full height basement with 2 exits can be used for additional income.
Location
State IL
County Cook
Area Chi - West Town
Zoning OTHER
Rooms
Basement Full
Interior
Heating Natural Gas
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Exterior Feature Porch
Roof Type Rubber
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
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