2151 West Potomac Avenue, Chicago, IL

$880,000

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8

Beds

3

Baths

About 2151 West Potomac Avenue

Wicker Park: 3-unit building on a highly desirable and quiet tree-lined street just 2 blocks from Damen and Division Streets and a plethora of world-class restaurants and shops. Only 6 blocks from the Blue Line Damen "L" Stop and offering easy access to the expressway, downtown Chicago and O'Hare Airport as well, this building sits in an unbeatable, A+ location in one of the city's finest neighborhoods. It's a rare opportunity to acquire and rehab a beautiful building into high-end apartments, perfect for the investor or live-in owner with rental income from the other apartments to pay your mortgage. Spectacular owner's duplex apartment could be created by combining two apartments into one large 4 BR, 3BTH home or by duplexing the first floor into the currently unfinished basement. This building would also make a great condo conversion as well due to its highly desirable RT-4 zoning. The possibilities are limitless and the building already has a new tear-off roof (2022) and all new back decks and stairs, so some of the larger improvements have already been completed for you. Large, unfinished basement with front and back entrance, laundry hookups and ample storage as well as a back yard and garage (front entrance to basement is currently shut, but could be easily reopened.) All this in the highly sought after Pritzker School District. Offered at an exceptional price, this solid building is ready for your dreams and development.

Features of 2151 West Potomac Avenue

MLS® # 11881562
Price $880,000
Units 3
Bedrooms 8
Bathrooms 3.00
Year Built 1897
Type Residential Income
Sub-Type Two to Four Units
Style Greystone
Status Contingent
Multi-Family No

Community Information

Address 2151 West Potomac Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60622

Interior

Heating Natural Gas, Radiator(s)
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Brick
Exterior Features Deck, Cable Access
Lot Description Fenced Yard

School Information

District 299
Elementary Pritzker Elementary School
Middle Pritzker Elementary School
High Clemente Community Academy Senio

Additional Information

Days on Market 70
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBaird & Warner

Listing Map

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