NOT LISTED FOR SALE

2017 W Potomac Ave Chicago, IL 60622

Wicker Park Neighborhood
5 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold April 06, 2021

Last sale price $1,140,000

16 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Fenced Yard
  • A.N. Pritzker School Rated A-
  • Traditional Architecture
  • 4-minute walk to Wicker (Charles, Joel) Park

About This Home

As of April 2021

EXCEPTIONALLY BEAUTIFUL 3-FLAT with additional garden unit- located on one of Wicker Park's most sought after tree-lined streets! Just 2 blocks from the Park & 4 blocks to the Damen Blue Line "L" and within Pritzker School District it doesn't get better than this easy to rent, A+ location in one of Chicago's hottest neighborhoods! This Gem of a building is stunningly beautiful & has many updates while maintaining its authentic vintage soul. When fully rented this property generates approximately $93,600 per year/ $7,800 per month. All units, including the garden unit have their own SEPARATE GAS-FORCED AIR HVAC SYSTEMS WITH TENANTS PAYING FOR THEIR OWN GAS AND ELECTRIC BILLS. The top 3 floors have central air. Top three units are very nicely sized with open flowing floor plans and condo quality kitchens and baths with new kitchens featuring 42" cabinetry, granite counters, all stainless appliances and large private back decks overlooking a charming backyard. Top 2 floors have IN-UNIT-LAUNDRY and there is a common laundry room with coin operated machines in the basement as well. This building is perfect for a buyer looking to owner occupy or for the investor seeking a completely turn-key investment property in fantastic easy to rent location. Roof of building was recently replaced and garage roof was replaced in 2014. Back decks and stairs have been updated as well. Garden unit is a non-conforming additional dwelling.

Last Agent to Sell the Property

Michael Hall

Baird & Warner License #475148426 Listed on: 01/30/2021

Baird & Warner

Last Buyer's Agent

Veronica Miklusicak

@properties Christie's International Real Estate License #475139463

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,176

Year Built

  • Built in 1890 | Remodeled in 2018

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Full Bathrooms

Schools

  • Pritzker Elementary School
  • Clemente Community Academy Senio High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck
  • Property is near a park

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $259
  • Insurance Expense $2,488
  • Water Sewer Expense $1,892
  • Gross Income $93,600
  • Net Operating Income $72,598

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,176

Year Built

Built in 1890 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 1150000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1892
  • Other Expenses $: 675

Schools

  • Elementary School: Pritzker Elementary School
  • High School: Clemente Community Academy Senio
  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 FT BY 125 FT
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 72598
  • Insurance Expense: 2488
  • ElectricExpense: 259
  • GrossIncome: 93600
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 18176.16
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $1,140,000 -0.9% --
02/15/2021 02/15/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $1,150,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Hall

    Seller's Agent in 2021

    Michael Hall

    Baird Warner

    (773) 398-4359

    11 in this area

    201 Total Sales

    Michael Hall
    Section Image
  • Veronica Miklusicak

    Buyer's Agent in 2021

    Veronica Miklusicak

    @ Properties

    (312) 399-9521

    1 in this area

    57 Total Sales

    Veronica Miklusicak
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10983200

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60622 Wicker Park

2017 W Potomac Ave, Chicago, IL

This home is located at 2017 W Potomac Ave, Chicago, IL 60622 since 30 January 2021. This property was built in 1890. 2017 W Potomac Ave is a home located in Cook County with nearby schools including A.N. Pritzker School, Clemente Community Academy High School, and Guidepost Montessori at Wicker Park.

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