NOT LISTED FOR SALE

2630 W Potomac Ave Chicago, IL 60622

Humboldt Park Neighborhood

Estimated Value: $675,000 - $1,183,000

3 Beds
2 Baths
-- Sq Ft
3,136 Sq Ft Lot

Sale Details

Date Sold: June 16, 2014

Last sale price $355,000

Est. 176% increase in value since last sale

Current estimated payment $6,251 / mo

6 Days on Market

Highlights

  • Greystone Architecture
  • 2.5 Car Detached Garage
  • Forced Air Heating System
  • Fenced Yard
  • Brick Porch or Patio
  • Ceiling Fan

About This Home

As of June 2014

OWNER RELOCATING. 2 FLAT GREYSTONE CURRENTLY BEING CONVERTED TO SINGLE FAMILY HOME, 40% COMPLETED COME AND FINISH YOUR DREAM HOME. 1ST FLOOR COMPLETELY UPDATED WITH COVE CEILINGS, DARK HARDWOOD FLRS, FIREPLACE, BEAUTIFUL GRANITE KITCHEN W/SS APPLIANCES, FAMILY ROOM AND NEW BATHROOM ON 1ST FLR. 2ND LEVEL IS NOT COMPLETED. FULL UNFINISHED BASEMENT FRAMED OUT TO BE FINISHED BY NEW OWNER. Selling "As Is Condition".

Last Agent to Sell the Property

OLGA SANTOS

Nelly Corp Realty License #471012704 Listed on: 04/24/2014

Last Buyer's Agent

Scott Broene

Compass License #471018840

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,478

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 25x125
  • Fenced Yard

Parking

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

Home Design

  • Greystone Architecture
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,478

Year Built

Built in 1905

Lot Details

3,136 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Compactor,Central Air Conditioner,Fireplace-Gas,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Porch, Brick Paver Patio
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • 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: Lake Michigan, Public

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5478
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2017
Sold by
Broene Scott and Broene Leslie Avery
Bought by
Zehnder Jacob and Zehnder Sanja
Current Estimated Value
$980,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Outstanding Balance
$499,322
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$481,580

Purchase Details

Closed on
Dec 10, 2014
Sold by
Comet Development I Llc
Bought by
Broene Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
3.25%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 24, 2014
Closed on
May 28, 2014
Sold by
Montanez David and Montanez Vera
Bought by
Comet Development Llc
Seller's Agent
OLGA SANTOS
Nelly Corp Realty
Buyer's Agent
Scott Broene
Compass
List Price
$369,900
Sold Price
$355,000
Premium/Discount to List
-$14,900
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$379,850
Interest Rate
11.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2007
Sold by
Montero Sandro and Santiago Marisa
Bought by
Montanez David and Montanez Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2002
Sold by
Lopez Jesus and Lopez Teresa G
Bought by
Santiago Marisa and Montero Sandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 1996
Sold by
Lopez Jesus and Lopez Teresa G
Bought by
Lopez Jesus and Lopez Teresa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zehnder Jacob $760,000 None Available
Broene Scott -- Ravenswood Title Company Llc
Comet Development Llc $355,000 First American Title
Montanez David $390,000 Stewart Title Of Illinois
Santiago Marisa $225,000 Chicago Title Insurance Co
Lopez Jesus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zehnder Jacob $608,000
Previous Owner Broene Scott $381,000
Previous Owner Comet Development Llc $379,850
Previous Owner Montanez David $312,000
Previous Owner Santiago Marisa $202,500
Previous Owner Lopez Jesus $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Sold $355,000 -4.0% --
04/30/2014 04/30/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $369,900 -- --
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 $12,176 $66,244 $17,500 $48,744
2024 $12,176 $66,244 $17,500 $48,744
2023 $11,812 $60,852 $14,063 $46,789
2022 $11,812 $60,852 $14,063 $46,789
2021 $11,567 $60,851 $14,062 $46,789
2020 $10,008 $44,924 $7,968 $36,956
2019 $10,029 $49,916 $7,968 $41,948
2018 $9,860 $49,916 $7,968 $41,948
2017 $5,760 $26,755 $7,031 $19,724
2016 $4,859 $26,755 $7,031 $19,724
2015 $5,945 $32,441 $7,031 $25,410
2014 $1,654 $9,195 $6,250 $2,945
2013 $5,528 $33,025 $6,250 $26,775
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2014

    OLGA SANTOS

    Nelly Corp Realty

    (773) 616-1242

    3 in this area

    8 Total Sales

    OLGA SANTOS
    Section Image
  • Scott Broene

    Buyer's Agent in 2014

    Scott Broene

    Compass

    (773) 332-9324

    30 Total Sales

    Scott Broene
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08596200

Midwest Real Estate Data (MRED)

APN: 16-01-223-033-0000

Illinois Cook County Chicago 60622 Humboldt Park

2630 W Potomac Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.