Opportunity to add value with this Classic Chicago 4 flat investment opportunity in the heart of Austin. Situated on an oversized lot, this brick building features a 2 car attached garage and large units for easy renting. Building consists of (2) two bedroom units in the front and (2) one bedroom units in the rear of the building. The forward units feature a separate dining room/living space and split bedroom floor plan. The rear units feature a large living room; separate dining room that can be used as dining space or 2nd bedroom. Units have their own electric and cooking gas bill. Heat and hot water is covered by Landlord. Boiler, hot water heater and windows all replaced approx. 10 years ago. Easy street parking. Close proximity and walking distance to La Follette (Robert) Park!
Closed
$440,000
5435 W Potomac Ave, Chicago, IL 60651
8beds
--sqft
Multi Family
Built in 1926
-- sqft lot
$564,300 Zestimate®
$--/sqft
$2,466 Estimated rent
Home value
$564,300
$519,000 - $609,000
$2,466/mo
Zestimate® history
Owner options
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$2,466/mo
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$3,103/mo
Est. payment
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$3,103/mo
Est. payment
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List your homeWhat's special
Large unitsOversized lotSplit bedroom floor planSeparate dining room
Zillow last checked:
Listing updated:
Listed by:
Giovanni Leopaldi 708-935-1983,
Compass,
Matthew Harris,
Compass
Bought with:
Luis Campoverde
RE/MAX Partners
Source: MRED as distributed by MLS GRID,MLS#: 11883234
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Utility Room-Lower Level
Heating
- Radiator(s)
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
Lot
- Size: 4,674 Square Feet
- Dimensions: 38X123
Details
- Parcel number: 16041260110000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $380,000
- Annual tax amount: $6,369
- Date on market: 9/12/2023
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2023 | Sold | $440,000-7.4% |
Source:  MRED as distributed by MLS GRID #11883234 Report a problem | ||
| 9/25/2023 | Contingent | $475,000 |
Source: MRED as distributed by MLS GRID #11883234 Report a problem | ||
| 9/12/2023 | Listed for sale | $475,000+102.1% |
Source: MRED as distributed by MLS GRID #11883234 Report a problem | ||
| 7/30/2001 | Sold | $235,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $38,000 +8.6% |
| 2023 | $6,685 +2.9% | $35,000 |
| 2022 | $6,495 +2% | $35,000 |
| 2021 | $6,369 +38.9% | $35,000 +47.8% |
| 2020 | $4,584 -2.8% | $23,681 -12% |
| 2019 | $4,718 +1.7% | $26,911 |
| 2018 | $4,637 -8.4% | $26,911 +0.1% |
| 2017 | $5,061 +3.6% | $26,887 |
| 2016 | $4,885 +9.9% | $26,887 |
| 2015 | $4,446 +18.1% | $26,887 +17.6% |
| 2014 | $3,765 +2.3% | $22,859 |
| 2013 | $3,679 +0.7% | $22,859 |
| 2012 | $3,654 +22.1% | $22,859 +11.6% |
| 2011 | $2,993 -10.6% | $20,491 -19.4% |
| 2010 | $3,348 +10.2% | $25,426 |
| 2009 | $3,039 -21.6% | $25,426 -24.7% |
| 2008 | $3,879 +11% | $33,754 |
| 2007 | $3,495 +8.3% | $33,754 -9.4% |
| 2006 | $3,226 +24.1% | $37,248 +82.6% |
| 2005 | $2,600 +1.9% | $20,400 |
| 2004 | $2,552 +4.5% | $20,400 |
| 2003 | $2,443 -16.1% | $20,400 +25.9% |
| 2002 | $2,910 +18.6% | $16,197 |
| 2001 | $2,454 -14.3% | $16,197 |
| 2000 | $2,864 +15.3% | $16,197 +8.6% |
| 1999 | $2,484 | $14,909 |
Find assessor info on the county website
Neighborhood: North Austin
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Nearby schools
GreatSchools rating
- 3/10Young Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Orr Academy High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$564,300
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Estimated market value
$564,300
- Illinois
- Cook County
- Chicago
- 60651
- North Austin
- 5435 W Potomac Ave
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