Seller's Agent in 2024
Shaheen Pervaiz
Exit Strategy Realty
13 in this area
35 Total Sales
5451 W Potomac Ave Chicago, IL 60651
Austin Neighborhood
6
Beds
2
Baths
--
Sq Ft
1920
Built
About This Home
As of January 2024Welcome to this remarkable 2-flat property nestled on a serene and quiet block, offering a unique opportunity for comfortable living and flexible investment. Boasting two expansive 3-bedroom, 1-bathroom units, this property is an excellent choice for both homeowners and savvy investors seeking rental income. The sizable basement presents an exciting opportunity for an Additional Dwelling Unit (ADU), offering additional living space or rental income potential. Separate utilities for each unit provide hassle-free management and utility cost allocation. A 2-car garage provides secure parking and storage space, enhancing the property's functionality and value. The huge basement not only offers laundry hookups for each unit but also serves as a canvas for creative expansion ideas. A brand-new roof ensures peace of mind and minimizes maintenance expenses. With low taxes and expenses, this property is a financially attractive investment. Situated on a quiet and peaceful block, this property provides a serene escape while remaining close to essential amenities, schools, parks, and public transportation. Whether you're an investor looking for a property with diverse income streams or a homeowner seeking a residence with the potential for rental income, this jumbo 2-flat offers endless possibilities. Don't miss out on this chance to own a property that combines comfortable living spaces, investment potential, and low expenses. Schedule a viewing today and envision the lifestyle and opportunities that await!
Last Agent to Sell the Property
Exit Strategy Realty License #475139116 Listed on: 08/30/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,504
Year Built
- Built in 1920
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Stucco
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 25x125
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,300
- Water Sewer Expense $1,600
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/30/2024 01/30/24 | Sold | $370,000 | -3.9% | -- | |
| 01/03/2024 01/03/24 | For Sale | $385,000 | +4.1% | -- | |
| 12/31/2023 12/31/23 | Off Market | $370,000 | -- | -- | |
| 12/11/2023 12/11/23 | Pending | -- | -- | -- | |
| 12/01/2023 12/01/23 | For Sale | $385,000 | 0.0% | -- | |
| 11/02/2023 11/02/23 | Pending | -- | -- | -- | |
| 10/20/2023 10/20/23 | Price Changed | $385,000 | -3.5% | -- | |
| 09/11/2023 09/11/23 | Price Changed | $399,000 | -4.8% | -- | |
| 08/30/2023 08/30/23 | For Sale | $419,000 | +73.1% | -- | |
| 12/26/2019 12/26/19 | Sold | $242,000 | -16.3% | -- | View Prior Sale |
| 10/31/2019 10/31/19 | Pending | -- | -- | -- | |
| 10/21/2019 10/21/19 | For Sale | $289,000 | 0.0% | -- | |
| 10/11/2019 10/11/19 | For Sale | $289,000 | 0.0% | -- | |
| 09/29/2019 09/29/19 | Pending | -- | -- | -- | |
| 09/23/2019 09/23/19 | Pending | -- | -- | -- | |
| 08/02/2019 08/02/19 | For Sale | $289,000 | 0.0% | -- | |
| 07/26/2019 07/26/19 | Pending | -- | -- | -- | |
| 07/24/2019 07/24/19 | For Sale | $289,000 | -- | -- |
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 | $4,727 | $28,001 | $5,208 | $22,793 |
| 2024 | $4,727 | $28,001 | $5,208 | $22,793 |
| 2023 | $4,608 | $22,404 | $4,166 | $18,238 |
| 2022 | $4,608 | $22,404 | $4,166 | $18,238 |
| 2021 | $4,505 | $22,404 | $4,166 | $18,238 |
| 2020 | $3,277 | $14,711 | $4,061 | $10,650 |
| 2019 | $3,359 | $16,717 | $4,061 | $12,656 |
| 2018 | $3,302 | $16,717 | $4,061 | $12,656 |
| 2017 | $3,597 | $16,711 | $3,541 | $13,170 |
| 2016 | $3,347 | $16,711 | $3,541 | $13,170 |
| 2015 | $3,062 | $16,711 | $3,541 | $13,170 |
| 2014 | $3,386 | $18,251 | $3,332 | $14,919 |
| 2013 | $3,319 | $18,251 | $3,332 | $14,919 |
Source: Public Records
Agents Affiliated with this Home
-
Shaheen Pervaiz
-
Nicholas Jakubco
N
Buyer's Agent in 2024
Nicholas Jakubco
Jakubco Development, Inc
(708) 744-8617
1 in this area
22 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11873646
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Based on information submitted to the MLS GRID
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