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Sandra Hoyos

thegalarzateam@gmail.com +1(773) 245-3445

$ 1,199,000

Est. payment -/mo

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3244 W Potomac AVE Chicago, IL 60651

5 Beds

3 Baths

UPDATED:

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 jumbo greystone just steps from Humboldt Park! Set on an oversized lot, this impressive greystone is exceptionally wide itself, taking advantage of the additional lot width and creating unusually spacious, open residences throughout. This truly special property 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 width of the units creates for expansive living and dining spaces with an open, 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. Also ideal 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 exceptional size, and character. 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. Each apartment gets one designated garage spot included. 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

Listed by Sylvia Magallanes of Kale Realty

Sandra Hoyos

Office Admin

+1(773) 245-3445

Sandra Hoyos

3244 W Potomac AVE Chicago, IL 60651

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3244 W Potomac AVE