NOT LISTED FOR SALE

4851 W Potomac Ave Chicago, IL 60651

Austin Neighborhood
4 Beds
2 Baths
1,964 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: August 26, 2020

Last sale price $247,000 $126 Per Sq Ft

107 Days on Market

About This Home

As of August 2020

Price Reduction, BRING OFFERS! *North Austin legal 2 unit* Bright, spacious and well maintained. Quiet neighborhood makes this place perfect for owner-occupied rental property, and/or investment opportunity. Both Units have an open layout with extended sunroom. Unfinished basement, 2 car garage. Close to shops, restaurants, all public transportation, parks & schools.

Last Agent to Sell the Property

Loreal Flowers

EXIT Strategy Realty License #475168955 Listed on: 02/10/2020

EXIT Strategy Realty

Last Buyer's Agent

Edgar R. Guerrero

REMAX Legends License #475159071

REMAX Legends

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1910

Lot Details

  • 3,485

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Walk-Out Basement
  • 3,485 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,399

Year Built

Built in 1910

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 3906SQFT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2399.19
  • Tax Year: 2018

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Aug 26, 2020
Sold by
Bought by
Seller's Agent
Loreal Flowers
EXIT Strategy Realty
Buyer's Agent
Edgar R. Guerrero
REMAX Legends
List Price
$259,999
Sold Price
$247,000
Premium/Discount to List
-$12,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,756
Interest Rate
0.029%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$247,000 Chicago Title Insurance Co
$80,000 Ticor Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $238,756
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Sold $247,000 -5.0% $126 / Sq Ft
08/10/2020 08/10/20 For Sale $259,999 +5.3% $132 / Sq Ft
07/31/2020 07/31/20 Off Market $247,000 -- --
05/27/2020 05/27/20 Pending -- -- --
05/14/2020 05/14/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $259,999 +5.3% $132 / Sq Ft
04/21/2020 04/21/20 Off Market $247,000 -- --
04/07/2020 04/07/20 Price Changed $259,999 -7.1% $132 / Sq Ft
03/03/2020 03/03/20 Price Changed $279,999 -3.4% $143 / Sq Ft
02/10/2020 02/10/20 For Sale $289,999 -- $148 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,853 $23,012 $4,883 $18,129
2024 $4,853 $23,012 $4,883 $18,129
2023 $4,731 $23,000 $3,906 $19,094
2022 $4,731 $23,000 $3,906 $19,094
2021 $4,625 $23,000 $3,906 $19,094
2020 $1,945 $14,315 $3,808 $10,507
2019 $2,028 $16,268 $3,808 $12,460
2018 $2,399 $16,268 $3,808 $12,460
2017 $3,102 $18,458 $3,320 $15,138
2016 $3,054 $18,458 $3,320 $15,138
2015 $2,764 $18,458 $3,320 $15,138
2014 $2,738 $17,324 $3,124 $14,200
2013 $2,673 $17,324 $3,124 $14,200
Source: Public Records

Agents Affiliated with this Home

  • Loreal Flowers

    Seller's Agent in 2020

    Loreal Flowers

    EXIT Strategy Realty

    (312) 774-4230

    13 Total Sales

    Loreal Flowers
    Section Image
  • Edgar R. Guerrero

    Buyer's Agent in 2020

    Edgar R. Guerrero

    RE/MAX

    (312) 465-9778

    8 in this area

    130 Total Sales

    Edgar R. Guerrero
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10633765

Midwest Real Estate Data (MRED)

APN: 16042210030000

Illinois Cook County Chicago 60651 Austin

4851 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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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