Prime Investment Opportunity to own a Turnkey Two-Unit Building with Duplex Seize this investment opportunity in a desirable neighborhood. This well-maintained two-unit building, featuring a first floor duplex into the basement and a 2nd unit simplex is in great condition and ready for immediate income generation. The first-floor unit boasts a separate dining room, a spacious living room, two comfortable bedrooms, a large kitchen, and a full bathroom on the main floor, it has 2 more bedrooms and another bathroom downstairs. The second-floor unit offers two bedrooms, an office that can serve as a third bedroom, a separate dining room, a welcoming living room, and a generous kitchen. Fully rehabbed interior in 2022, Exterior has newer siding, windows, and an updated roof. The property also includes a convenient carport located at the back. With long-term tenants already in place, this property offers a steady stream of income from day one. Being sold "as is," this is a rare opportunity for investors to secure a profitable asset or for someone wanting to live in one unit and rent out the other to help with the mortgage. Don't miss your chance to own this exceptional property in a high-demand area!
Property Details
Property Features
Property Information:
Year Built: 1912
Listing Office:
Office Name: AAA Real Estate
Office Phone: (630) 618-2252
Listing Agent: Donald Hajdari
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Total Bedroom Count: 7
Utilities
Utilities Information:
Heating: Natural Gas
Other
Directions Information:
Directions: 4907 W Potomac is located west of Cicero and north of Division
Price Information
Listing Price Info
Price Summary:
List Price: $415,000
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $51K more than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12137530
Listing Office:
Office Name: AAA Real Estate
Office Phone: (630) 618-2252
Listing Agent: Donald Hajdari
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lloyd Elementary School
2103 N Lamon Ave
Distance between this listing and this school1.06 miles
Public District Grades KG-5
4
/10
Nixon Elementary School
2121 N Keeler Ave
Distance between this listing and this school1.42 miles
Public District Grades PK-6
7
/10
John Greenleaf Whittier Elementary School
715 N Harvey Ave
Distance between this listing and this school1.76 miles
Public District Grades PK-5
Nearby Schools
2
/10
Lewis Elementary School
1431 N Leamington Ave
Distance between this listing and this school0.36 miles
Public District Grades PK-8
2
/10
McNair Elementary School
4820 W Walton St
Distance between this listing and this school0.42 miles
Public District Grades PK-8
4
/10
Hay Elementary Community Academy
1018 N Laramie Ave
Distance between this listing and this school0.48 miles
Public District Grades PK-8
Nearby Schools
2
/10
North-Grand High School
4338 W Wabansia Ave
Distance between this listing and this school0.91 miles
Public District Grades 9-12
5
/10
Noble St Charter-Itw Speer Academy
5321 W Grand Ave
Distance between this listing and this school1.07 miles
Public Charter Grades 9-12
6
/10
Noble St Charter-Pritzker College Preparatory
4131 W Cortland St
Distance between this listing and this school1.25 miles
The neighbors living near this home have an average income of $39,125. Most Chicago, IL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4907 W Potomac Ave
What is the listing price of this property?
The listing price of 4907 W Potomac Ave property is $415,000.
What type of property is this?
The property 4907 W Potomac Ave is a house located in Chicago, Illinois, 60651.
Is this property for sale now?
Accepting Backup Offers: 4907 W Potomac Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
How many bedrooms and bathrooms does this property have?
The property at 4907 W Potomac Ave has 7 bedrooms and 3 bathrooms.
Which year was this property built?
The year of construction for 4907 W Potomac Ave is 1912.
This home is located at 4907 W Potomac Ave in Chicago, IL and zip code 60651 in the Austin neighborhood. This home was built in 1912. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $415,000.
Chicago, IL housing market in November 2024 saw over 521 listings sold above listed price, more than 254 sold at listed price and over 845 sold below. The number of listings in Chicago, IL increased by 2.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $363,936, while the average time on the real estate market was 33 days.
From Rocket Homes Real Estate and based on county public records data.