NOT LISTED FOR SALE
7 Beds
7 Baths
-- Sq Ft
1900 Built

Last Sold October 14, 2022

Last sale price $1,568,000

45 Days on Market

About This Home

As of October 2022

This unique gem nestled in an A+ Wicker Park location boasts 4 units and is located on a highly desirable and quiet tree-lined street just steps away from the busy retail corridors of Division Street, Milwaukee Avenue as well as the actual Wicker Park. The Wicker Park Blue Line is six blocks away and there are multiple coffee shops within 3 blocks. The entire property received significant interior and exterior renovations from 2017-2019, including all units receiving private washer/dryer as well as central air and heat, new windows and floors. The front building features 3 units. Unit 2F is a 2bed/2bath custom designed Owners-Unit featuring top of the line appliances, quartz countertops, a spacious kitchen/living room with a breakfast bar, a large Master bedroom w/ walk-in closet and large en-suite bathroom as well as a brand new private back porch. Unit 1F is a 2Bed/1Bath featuring condo-quality finishes and a spacious living area. The coach house features 2 units. 2R is a 2Bed/2Bath duplex-up with condo-quality finishes and 2 private back decks. Unit 1R is a spacious 1Bed/1Bath. The ground floor can potentially be built out to create a duplex-down unit. Every conforming dwelling unit has a private deck. 2153 W. Potomac offers a new operator an incredible opportunity to enter the exclusive Wicker Park submarket. This property works perfectly as an Owner-Occupant or as a pure investment.

Last Agent to Sell the Property

Oren Pollack

Cross Street Real Estate License #475175259 Listed on: 05/31/2022

Cross Street Real Estate

Last Buyer's Agent

Jojo Cui

Citywide Real Estate License #471020232

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,725

Year Built

  • Built in 1900 | Remodeled in 2018

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 7 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 26 x 120

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $126,540
  • Net Operating Income $82,251

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,725

Year Built

Built in 1900 | Remodeled in 2018

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 7
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Range Hood,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Walk-In Closet

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Lot Info

  • Lot Dimensions: 26 X 120
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 82251
  • GrossIncome: 126540
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s,Coach House

Tax Info

  • Tax Annual Amount: 18724.59
  • Tax Year: 2020
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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 List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $1,568,000 -6.4% --
07/16/2022 07/16/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $1,675,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $25,296 $162,225 $30,785 $131,440
2024 $25,296 $162,225 $30,785 $131,440
2023 $23,882 $119,532 $24,752 $94,780
2022 $23,882 $119,532 $24,752 $94,780
2021 $23,367 $119,532 $24,752 $94,780
2020 $18,725 $87,156 $14,077 $73,079
2019 $19,647 $101,218 $14,077 $87,141
2018 $19,315 $101,218 $14,077 $87,141
2017 $17,033 $82,501 $12,376 $70,125
2016 $16,024 $82,501 $12,376 $70,125
2015 $14,637 $82,501 $12,376 $70,125
2014 $13,444 $75,027 $10,829 $64,198
2013 $13,167 $75,027 $10,829 $64,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11419191

Midwest Real Estate Data (MRED)
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