NOT LISTED FOR SALE

2122 W Potomac Ave Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $483,000 - $745,000

4 Beds
5 Baths
-- Sq Ft
3,311 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $1,050,000

Est. 40% decrease in value since last sale

Current estimated payment $3,847/month

4 Days on Market

Highlights

  • Deck
  • Balcony
  • 2 Car Detached Garage
  • A.N. Pritzker School Rated A-

About This Home

As of May 2022

Absolutely GORGEOUS multi-unit building in the heart of Wicker Park. Both units are currently tenant-occupied! Unit 1 boasts a spacious two-level floor plan with a large open living room space with a wood-burning fireplace. Love to cook? This kitchen features an island with stainless steel appliances and granite countertops. The walk-out patio is PERFECT for entertaining. Unit 2 features a wood-burning fireplace. The kitchen boasts a newer island and quartz countertops, custom cabinets and backsplash, and stainless steel appliances. The open floor plan also provides plenty of entertaining space and room for a dining table. Passing the full bath and laundry room takes you into the large family room that leads out onto a spacious back deck. Stairs up lead to two bedrooms including the primary suite which boasts a fully rehabbed-stunning bath. Both bedrooms boast great closets and there is a second deck off the primary bedroom. Just when you thought you couldn't have it all - in-unit laundry! PLUS A TWO-CAR GARAGE IS INCLUDED! All of this is on the most gorgeous street in Chicago - a short walk to Division, Damen, & Milwaukee Ave, shopping, restaurants, entertainment, and nightlife. Multiple transportation options and easy access to the expressway #1 - Rented for $2475 until 5/31/2023 with a 60 day out clause. #2- Rented for $3400/mo until 5/31/2023 with a 60 day out clause.

Last Agent to Sell the Property

Dennis Huyck

Keller Williams ONEChicago License #475124186 Listed on: 03/31/2022

Keller Williams ONEChicago

Last Buyer's Agent

Walter Salazar

Kale Realty License #475173759

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,603

Lot Details

  • Lot Dimensions are 25x125
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,603

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Condo
  • New Construction: No
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • List Price: 1050000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 19602.63
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 28, 2022
Sold by
Pendleton Ann E
Bought by
Gupta Amit
Seller's Agent
Dennis Huyck
Keller Williams ONEChicago
Buyer's Agent
Walter Salazar
Kale Realty
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$633,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$416,166
Avg. Annual Appreciation
-13.87%
Original Mortgage
$840,000
Outstanding Balance
$787,294
Interest Rate
3.88%
Mortgage Type
Balloon
Estimated Equity
-$153,460

Purchase Details

Closed on
Jul 9, 2018
Sold by
Braun Leslie A
Bought by
Pendleton Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2010
Sold by
Braun Leslie A and Roundy Paul V
Bought by
Braun Leslie A and Leslie A Braun Trust

Purchase Details

Closed on
Jul 26, 2001
Sold by
Sluis Jay R and Starr Tammy L
Bought by
Braun Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.5%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Hood Development Ltd Liability Company
Bought by
Sluis Jay R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,350
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gupta Amit $1,050,000 Old Republic Title
Pendleton Ann E $350,000 Chicago Title
Braun Leslie A -- None Available
Braun Leslie A $291,000 First American Title
Sluis Jay R $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Amit $840,000
Previous Owner Pendleton Ann E $262,500
Previous Owner Braun Leslie A $220,000
Previous Owner Sluis Jay R $155,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $1,050,000 0.0% --
04/05/2022 04/05/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,050,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,828 $34,100 $11,952 $22,148
2023 $6,346 $30,856 $5,466 $25,390
2022 $6,346 $30,856 $5,466 $25,390
2021 $6,205 $30,855 $5,465 $25,390
2020 $7,135 $32,030 $5,465 $26,565
2019 $7,036 $35,019 $5,465 $29,554
2018 $6,239 $35,019 $5,465 $29,554
2017 $6,129 $31,845 $4,804 $27,041
2016 $5,878 $31,845 $4,804 $27,041
2015 $5,355 $31,845 $4,804 $27,041
2014 $3,938 $23,794 $4,264 $19,530
2013 $3,849 $23,794 $4,264 $19,530
Source: Public Records

Agents Affiliated with this Home

  • Dennis Huyck

    Seller's Agent in 2022

    Dennis Huyck

    Keller Williams ONEChicago

    (312) 420-1593

    19 in this area

    211 Total Sales

    Dennis Huyck
    Section Image
  • Walter Salazar

    Buyer's Agent in 2022

    Walter Salazar

    Kale Realty

    (773) 482-1271

    1 in this area

    27 Total Sales

    Walter Salazar
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11361236

Midwest Real Estate Data (MRED)

APN: 17-06-120-052-1001

Illinois Cook County Chicago 60622 Wicker Park

2122 W Potomac Ave, Chicago, IL

This home is located at 2122 W Potomac Ave, Chicago, IL 60622 since 31 March 2022 and is currently estimated at $633,834. 2122 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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