
3414 W Potomac Ave Chicago, IL 60651
Humboldt Park NeighborhoodAbout This Home
As of July 2024Large Brick "L" shaped "front-back" 4 Flat with bonus non-conforming 5th basement unit and 3 car garage on a 38 wide lot makes this an incredible money-making investors "DREAM"...with TONS OF UPSIDE! Front units are 2 beds/1 bath and have both been rehabbed and updated - with new kitchen/baths/floors/walls are below market rented in their current condition. Rear unit are "original" and need work/rehab to value add and maximize the buildings cash flow. Bonus basement non confirming garden in-law currently rents for $600 and offers additional upside rent potential. Massive 3 car Garage generates $225/mth currently. Separate HVAC gas forced air in each unit. Roof is less than 5 years old, windows are mostly older. Bldg sold AS IS
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475133339

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,931
Year Built
- Built in 1910 | Remodeled in 2010
Parking
- 3 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 5 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 38x125
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/15/2024 10/15/24 | For Rent | $2,000 | 0.0% | -- |
10/08/2024 10/08/24 | Off Market | $2,000 | -- | -- |
07/16/2024 07/16/24 | Sold | $567,500 | -5.4% | $137 / Sq Ft |
05/08/2024 05/08/24 | Pending | -- | -- | -- |
04/15/2024 04/15/24 | For Sale | $599,900 | -- | $144 / Sq Ft |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12029736

APN: 16022210290000
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