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2153 W Potomac Avenue

Chicago, IL 60622
  • $1,675,000
  • STATUS: Active Under Contract
  • ON SITE: 125 Days
  • MLS #: 11419191
Under Contract
UPDATED: 71 min ago
$1,675,000
  • 7
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:
299

Description

This unique gem nestled in an A+ Wicker Park location boasts 5 units (four of which are conforming) and is located on a highly desirable and quiet tree-lined street just steps away from the busy retail corridors of Division Street, Milwaukee Avenue as well as the actual Wicker Park. The Wicker Park Blue Line is six blocks away and there are multiple coffee shops within 3 blocks. The entire property received significant interior and exterior renovations from 2017-2019, including all units receiving private washer/dryer as well as central air and heat, new windows and floors. The front building features 3 units. Unit 2F is a 2bed/2bath custom designed Owners-Unit featuring top of the line appliances, quartz countertops, a spacious kitchen/living room with a breakfast bar, a large Master bedroom w/ walk-in closet and large en-suite bathroom as well as a brand new private back porch. Unit 1F is a 2Bed/1Bath featuring condo-quality finishes and a spacious living area. Unit G is a fully renovated spacious studio (Building is zoned within the ADU Northwest zone, potential for non-conforming garden unit to be converted into a conforming one bedroom). The coach house features 2 units. 2R is a 2Bed/2Bath duplex-up with condo-quality finishes and 2 private back decks. Unit 1R is a spacious 1Bed/1Bath. The ground floor can potentially be built out to create a duplex-down unit. Every conforming dwelling unit has a private deck. 2153 W. Potomac offers a new operator an incredible opportunity to enter the exclusive Wicker Park submarket. This property works perfectly as an Owner-Occupant or as a pure investment.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-04T17:03:44.8 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2153 W Potomac Avenue Chicago, IL 60622

  • Price: $1,675,000
  • Status: Active Under Contract
  • On Site: 125 Days
  • Updated: 71 min ago
  • MLS #: 11419191
7
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Chi - West Town
County:
Cook
Area:
Chi - West Town
School District:
299
Property Description
This unique gem nestled in an A+ Wicker Park location boasts 5 units (four of which are conforming) and is located on a highly desirable and quiet tree-lined street just steps away from the busy retail corridors of Division Street, Milwaukee Avenue as well as the actual Wicker Park. The Wicker Park Blue Line is six blocks away and there are multiple coffee shops within 3 blocks. The entire property received significant interior and exterior renovations from 2017-2019, including all units receiving private washer/dryer as well as central air and heat, new windows and floors. The front building features 3 units. Unit 2F is a 2bed/2bath custom designed Owners-Unit featuring top of the line appliances, quartz countertops, a spacious kitchen/living room with a breakfast bar, a large Master bedroom w/ walk-in closet and large en-suite bathroom as well as a brand new private back porch. Unit 1F is a 2Bed/1Bath featuring condo-quality finishes and a spacious living area. Unit G is a fully renovated spacious studio (Building is zoned within the ADU Northwest zone, potential for non-conforming garden unit to be converted into a conforming one bedroom). The coach house features 2 units. 2R is a 2Bed/2Bath duplex-up with condo-quality finishes and 2 private back decks. Unit 1R is a spacious 1Bed/1Bath. The ground floor can potentially be built out to create a duplex-down unit. Every conforming dwelling unit has a private deck. 2153 W. Potomac offers a new operator an incredible opportunity to enter the exclusive Wicker Park submarket. This property works perfectly as an Owner-Occupant or as a pure investment.
Exterior Features

Exterior Building Type Brick Lot Size .50-.99 Acre Multi Family Type 2 Story Unit/SCoach House Parking Details None Waterfront YN No

Interior Features

Basement Finished Basement Bathrooms YN No Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 7 Full Baths In Building 7 Half Baths In Building 0 Heating Natural Gas Rooms Total 18

Property Features

Age 100+ Years Built Before1978 YN Yes Contingency Other Contingency Continue To Show Yes Corporate Limits Chicago General Information None Gross Income 144540 Mls Actual Status Contingent Net Operating Income 101784 New Construction YN No Other Additional Income Other Ownership Fee Simple Rebuilt YN No Rehab Year 2018 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 18724.59 Tax Year 2020 Total Numberof Unitsin Building 4 Total Rental Income 144540 Township West Chicago Type Two To Four Units Water Source Lake Michigan

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Peak Realty Chicago: 312-312-9844.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-04T17:03:44.8 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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