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4859 W Potomac Avenue, Chicago, IL 60651
$530,000 Contingent
4859 W Potomac Avenue, Chicago, IL 60651View this property at 4859 W Potomac Avenue, Chicago, IL 60651
4859 W Potomac AvenueChicagoIL60651
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Property Description
Rare opportunity to own a recent full renovated central entrance 4 unit building that is fully occupied with rents below market. 2015, Renovations included but not limited to all new plumbing, electric service wiring and distribution, masonry, roof, porch, kitchens and baths, lighting, new heating and central are conditioning for each unit. Tenant pays gas and electricity. The building also includes 24 hour security surveillance system, and off street parking, fenced rear yard and landscaped grounds. The building a nearly maintenance free. Great long-term investment for an owner operator or family owned building in area with close to shopping and jobs. Very quiet block with active community group.
Full Property Details
Full Property Details for 4859 W Potomac Ave
General
- Price: $530,000
- HOA FEE: $3,031
- Taxes: $3,649 (2022)
- Status: Contingent
- Type: Multi-Family
- MLS ID: 12008890
- Updated: 4/11/2024
- Added to Site: 38 day(s) ago
Rental Information
- Complex Features: Other
Interior
- Basement: Full
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Cable TV, Security System, Intercom, Carbon Monoxide Detectors, Security Cameras, Water Heater-Gas
Parking
- Total Spaces: 3
- Parking Features: Off-Alley
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Subdivision: Austin Village
- Driving Directions: Division to Cicero, one block west, turn north on Lamon to Potomac or Cicero to Division, west to Lamon, north to Potomac
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Rubber
- Year Built: 1921
- Built Before 1978: Yes
- Remodeled/Updated: 2016
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 36 x 124
- Lot Features: Corner Lot
- Zoning: MULTI
Green Features
- Energy Efficient: Roof
Financial Considerations
- Maint. Fee: $3,031
- Insurance Fee: $2,774
- Assessment Year: 1921
- Tax Amount: $3,649.79
- Tax Year: 2022
- Pays Electric: 1200
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16042210010000
Listed by Kmw 2, Llc
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Schools
Schools serving 4859 W Potomac Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1431 N Leamington Ave, Chicago, IL 60651 | PK-8 | 0.4 mi | |
730 N Pulaski Rd, Chicago, IL 60624 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4859 W Potomac Ave
Date
Details
Price
Change
Source
4/11/2024
Price Increased
$530,000
9.28%
MLS
3/20/2024
Listed
$485,000
1632.14%
MLS
8/02/2013
Sold
$28,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4859 W Potomac Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$6,788
2%
$33,000
—
2021
$6,636
79%
$33,000
99%
2020
$3,698
-2%
$16,602
-12%
2019
$3,790
2%
$18,866
—
2018
$3,727
-19%
$18,866
-11%
2017
$4,579
-3%
$21,272
-10%
2016
$4,744
348%
$23,684
310%
2015
$1,059
6%
$5,781
7%
2014
$999
-75%
$5,384
-75%
2013
$3,951
1%
$21,722
—
2012
$3,898
—
$21,722
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4859 W Potomac Ave
4859 W Potomac Avenue, Chicago, IL 60651 (MLS# 12008890) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 4859 W Potomac Avenue is currently listed for $530,000 and was received on March 20, 2024. Want to learn more about 4859 W Potomac Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.