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  • $370,000

    5451 W Potomac Ave, Chicago, IL 60651

    6beds
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $440,100 Zestimate®
    $--/sqft
    $1,881 Estimated rent

    Home value

    $440,100

    $414,000 - $467,000

    $1,881/mo

    Zestimate® history
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    What's special

    Public transportationClose to essential amenitiesComfortable living spacesStorage spaceSeparate utilitiesSecure parkingBrand-new roof
    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!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Shaheen Pervaiz 312-554-5478,

    Exit Strategy Realty

    Bought with:

    Nicholas Jakubco

    Jakubco Development, Inc

    Nicholas Jakubco

    Jakubco Development, Inc

    Source: MRED as distributed by MLS GRID,MLS#: 11873646MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 3,125 sqft
    • Dimensions: 25X125
    Details
    • Parcel number: 16041260070000
    • Zoning: MULTI
    • Special conditions: Exceptions-Call List Office

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1920
    • Major remodel year: 1016

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/30/2024Sold$370,000-3.9%
    Source: MRED as distributed by MLS GRID #11873646 Report a problem
    1/3/2024Contingent$385,000
    Source: MRED as distributed by MLS GRID #11873646 Report a problem
    1/3/2024Listed for sale$385,000
    Source: MRED as distributed by MLS GRID #11873646 Report a problem
    12/11/2023Contingent$385,000
    Source: MRED as distributed by MLS GRID #11873646 Report a problem
    12/1/2023Listed for sale$385,000
    Source: MRED as distributed by MLS GRID #11873646 Report a problem
    11/3/2023Contingent$385,000
    Source: MRED as distributed by MLS GRID #11873646 Report a problem
    10/20/2023Price change$385,000-3.5%
    Source: MRED as distributed by MLS GRID #11873646 Report a problem
    9/11/2023Price change$399,000-4.8%
    Source: MRED as distributed by MLS GRID #11873646 Report a problem
    8/30/2023Listed for sale$419,000+5%
    Source: MRED as distributed by MLS GRID #11873646 Report a problem
    10/25/2022Listing removed--
    Source: Exit Realty Report a problem
    5/4/2022Price change$399,000-9.1%
    Source: MRED as distributed by MLS GRID #11377224 Report a problem
    4/16/2022Listed for sale$439,000+51.9%
    Source: MRED as distributed by MLS GRID #11377224 Report a problem
    12/31/2019Listing removed$289,000
    Source: Optima Real Estate Group Inc #10462528 Report a problem
    12/31/2019Listed for sale$289,000+19.4%
    Source: Optima Real Estate Group Inc #10462528 Report a problem
    12/26/2019Sold$242,000-16.3%
    Source: MRED as distributed by MLS GRID #10462528 Report a problem
    11/1/2019Pending sale$289,000
    Source: RE/MAX Northern Shores #10462528 Report a problem
    10/21/2019Listed for sale$289,000
    Source: RE/MAX Northern Shores #10462528 Report a problem
    10/16/2019Pending sale$289,000
    Source: RE/MAX Northern Shores #10462528 Report a problem
    10/11/2019Listed for sale$289,000
    Source: RE/MAX Northern Shores #10462528 Report a problem
    9/25/2019Pending sale$289,000
    Source: RE/MAX Northern Shores #10462528 Report a problem
    8/2/2019Listed for sale$289,000
    Source: RE/MAX Northern Shores #10462528 Report a problem
    7/27/2019Pending sale$289,000
    Source: RE/MAX Northern Shores #10462528 Report a problem
    7/24/2019Listed for sale$289,000+204.2%
    Source: RE/MAX Northern Shores #10462528 Report a problem
    3/24/2014Sold$95,000+153.3%
    Source: Public Record Report a problem
    3/22/2011Sold$37,500+7.1%
    Source: Public Record Report a problem
    12/5/2010Listing removed$35,000
    Source: PRS ASSOCIATES,INC. #07652462 Report a problem
    11/20/2010Pending sale$35,000
    Source: PRS ASSOCIATES,INC. #07652462 Report a problem
    10/10/2010Listed for sale$35,000
    Source: PRS ASSOCIATES,INC. #07652462 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $28,001 +25%
    2023$4,727 +2.6%$22,404
    2022$4,608 +2.3%$22,404
    2021$4,505 +37.5%$22,404 +52.3%
    2020$3,277 -2.4%$14,711 -12%
    2019$3,359 +1.7%$16,717
    2018$3,302 -8.2%$16,717 +0%
    2017$3,597 +7.5%$16,711
    2016$3,347 +9.3%$16,711
    2015$3,062 -9.6%$16,711 -8.4%
    2014$3,386 +2%$18,251
    2013$3,319 +1.4%$18,251
    2012$3,275 +0%$18,251 -9.7%
    2011$3,275 -0.4%$20,208
    2010$3,288 +4.4%$20,208
    2009$3,151 -17.7%$20,208 -24.3%
    2008$3,828 +1%$26,683
    2007$3,790 -1.1%$26,683
    2006$3,831 +43.4%$26,683 +63.2%
    2005$2,672 +1%$16,350
    2004$2,645 +2.2%$16,350
    2003$2,587 +12.3%$16,350 +27.5%
    2002$2,305 +3.8%$12,827
    2001$2,221 +11.5%$12,827
    2000$1,992 +24%$12,827 +23.7%
    1999$1,607 $10,372

    Find assessor info on the county website

    Neighborhood: North Austin

    Nearby schools

    GreatSchools rating
    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
    $440,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $440,100