3244 W Potomac Avenue, Chicago, IL 60651

$1,199,000
  • 3244 W Potomac Avenue, Chicago, IL 60651 Main Photo

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Active
BEDS5 BATHS3 full MLS#12773705
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Stunning Chicago jumbo greystone just steps from Humboldt Park! Set on an oversized lot, this impressive greystone is exceptionally wide itself, taking advantage of the additional lot width and creating unusually spacious, open residences throughout. This truly special property offers an exceptional combination of classic character, generous living space, and thoughtful amenities. The spacious former owner's unit features beautiful hardwood floors throughout, an extra-wide open floor plan, an oversized bathroom, and the convenience of in-unit laundry. With its impressive greystone facade, oversized lot, exceptionally wide and spacious apartments, and prime location, this property offers a rare combination of character, scale, and location. The width of the units creates for expansive living and dining spaces with an open, feel that sets these apartments apart. An outstanding opportunity for an owner-occupant or investor seeking a distinctive multi-unit property in one of Chicago's most vibrant neighborhoods. Also ideal for someone looking to convert into a spectacular single family residence. Outside, a beautifully manicured lawn adds rare green space and wonderful curb appeal. The property also offers a common laundry room in the basement, three dedicated tenant storage areas, and a three-car garage. A truly special property that must be seen to fully appreciate its exceptional size, and character. Rent increases have been provided to tenants, with new rents scheduled to be in effect January 2027. New monthly rents: Unit 1 - $2,600; Unit 2 - $2,700; Garden Unit - $1,800, for total scheduled rental income of $7,100/month or $85,200 annually. Each apartment gets one designated garage spot included. Property also generates approximately $1,600/year in coin laundry income, bringing total projected annual income to approximately $86,800. **Second-floor dining room light fixture is owned by the tenant and is excluded from the sale

3244 W Potomac Avenue | MLS# 12773705

This multi-family property located at 3244 W Potomac Avenue, Chicago, IL 60651 is currently listed for sale with an asking price of $1,199,000. W Potomac Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, Walk-Out Access
Garage: 3
Heating: Forced Air
Home Style: Greystone
Lot Size: 0.11 Acres
Roof Type: Rubber
Taxes: $8,979
Year Built: 1909

Feature Descriptions

Bath Features: Whirlpool, Separate Shower, Double Sink
Exterior: Stone
Lot: Garden
Lot Dimensions: 37x125
Parcel#: 16022230180000
Parking: Garage Door Opener, Yes, Other, Detached, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: North Chicago
Water: Lake Michigan, Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Kale Realty
Agency Phone: 312-939-5253

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Estimated Payment

$ 3,766.41 per month $2,668.45 Principal & Interest $748.25 Property Tax $349.71 Homeowner's Insurance

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