NOT LISTED FOR SALE

3226 W Potomac Ave Chicago, IL 60651

Humboldt Park Neighborhood
13 Beds
7 Baths
7,290 Sq Ft
1900 Built

Last Sold November 18, 2024

Last sale price $1,550,000 $213 Per Sq Ft

149 Days on Market

About This Home

As of November 2024

All masonry turn key 7 unit building with large bedrooms, big living spaces and sunrooms. Gut rehabbed in 2016. Six units are 2 bed/1 bath with big living spaces, English garden is a 1 bed. All units have central air and heat, SS appliances including a dishwasher, garbage disposals, mini blinds, hardwood floors, thermopane windows with mini blinds, large bathrooms with linen closets. Three car detached garage. Security buzzer system. Coin operated laundry on site. Individual storage units.

Last Listed By

Erin Feinerman

@properties Christie's International Real Estate License #475167266 Listed on: 02/19/2024

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,141

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 37x124

Interior Spaces

  • 3-Story Property
  • Exterior Basement Entry
  • Monitored

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $1,657
  • Fuel Expense $3,736
  • Insurance Expense $3,886
  • Other Expense $475
  • Trash Expense $1,928
  • Water Sewer Expense $2,042
  • Operating Expense $30,865
  • Gross Income $163,140
  • Net Operating Income $132,275

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,141

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 13
  • Fire Protection: Alarm Monitored
  • Fireplaces: 1
  • Drive-In Doors: 7
  • Dishwashers: 7
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1599000

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 1928
  • Water Sewer Expenses: 2042
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37X124

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 132275
  • Fuel Expense: 3736
  • Insurance Expense: 3886
  • ElectricExpense: 1657
  • GrossIncome: 163140
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 30865
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 17141
  • Tax Year: 2023

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $1,550,000 -3.1% $213 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $1,599,000 -- $219 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Erin Feinerman

    Seller's Agent in 2024

    Erin Feinerman

    @ Properties

    (847) 651-5402

    13 in this area

    102 Total Sales

    Erin Feinerman
    Section Image
  • Ian Feinerman

    Seller Co-Listing Agent in 2024

    Ian Feinerman

    @ Properties

    (773) 802-2543

    6 in this area

    60 Total Sales

    Ian Feinerman
    Section Image

  • D

    Buyer's Agent in 2024

    Dan Holtzman

    Holtzman Management LLC

    (847) 987-9556

    1 in this area

    2 Total Sales

    Dan Holtzman
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11983281

Midwest Real Estate Data (MRED)

APN: 16022230250000

Illinois Cook County Chicago 60651 Humboldt Park

3226 W Potomac Ave, Chicago, IL

Homes for Sale in Chicago, IL

This home is located at 3226 W Potomac Ave, Chicago, IL 60651 since 19 February 2024. This property was built in 1900. 3226 W Potomac Ave is a home located in Cook County with nearby schools including James Russell Lowell Elementary School, Orr Academy High School, and Polaris Elementary Charter Academy.

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