4859 W Potomac Avenue
Chicago, IL, 60651
$530,000
8 Beds
4 Baths
SqFt
0 Acres
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$530,000
4859 W Potomac Avenue
Chicago, IL, 60651
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Rare opportunity to own a recent full renovated central entrance 4 unit building that is fully occupied with rents below market. 2015, Renovations included but not limited to all new plumbing, electric service wiring and distribution, masonry, roof, porch, kitchens and baths, lighting, new heating and central are conditioning for each unit. Tenant pays gas and electricity. The building also includes 24 hour security surveillance system, and off street parking, fenced rear yard and landscaped grounds. The building a nearly maintenance free. Great long-term investment for an owner operator or family owned building in area with close to shopping and jobs. Very quiet block with active community group.

Property Details

Price:
$530,000
MLS #:
MRD12008890
Status:
Active Under Contract
Beds:
8
Baths:
4
Address:
4859 W Potomac Avenue
Type:
Multi Family
Subdivision:
Austin Village
City:
Chicago
Listed Date:
Apr 11, 2024
State:
IL
ZIP:
60651
Year Built:
1921

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Community Features
Other
Parking Features
Off Alley
Parking Spots
3
Roof
Rubber

Financial

Buyer Agent Compensation
2.5%% of Net Sale Price
Net Operating Income
$28,274
Tax Year
2022
Taxes
$3,650
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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4859 W Potomac Avenue
Chicago, IL