3244 W Potomac AVE W, Chicago, IL 60651
3244 W Potomac AVE W, Chicago, IL 60651
3244 W Potomac AVE W, Chicago, IL 60651
3244 W Potomac AVE W, Chicago, IL 60651
3244 W Potomac AVE W, Chicago, IL 60651
3244 W Potomac AVE W, Chicago, IL 60651
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$ 1,199,000
Est. payment | /mo

5 Beds

3 Baths


Save
$ 1,199,000
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12773705

Style Greystone

Bedrooms 5

Year Built 1909

Annual Tax Amount $8,979

Tax Year 2024

Lot Dimensions 37x125

Property Sub-Type Two to Four Units

Property Description

Stunning Chicago greystone just steps from Humboldt Park! This truly special three-unit property sits on an oversized lot and 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 generous width of the units creates expansive living and dining spaces with an open, substantial 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. Perfect 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 size, presence, and possibilities. 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. 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

Location

State IL

County Cook

Area Chi - Humboldt Park

Zoning MULTI

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Forced Air

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 3.0

Community Features Park, Tennis Court(s), Curbs, Gated, Sidewalks, Street Lights, Street Paved

Roof Type Rubber

Building

Lot Description Garden

Dwelling Type Two to Four Units

Building Description Stone, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Stone

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
Listed by Sylvia Magallanes of  Kale Realty 

Nearby Locations

GET MORE INFORMATION

Volodymyr Poshpur
Volodymyr Poshpur

Broker License ID: 475.207267

+1(312) 772-5858

1700 W Higgins Rd, Plaines, IL, 60018

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3244 W Potomac AVE W