Check Availability

2601 West Potomac Avenue

2601 West Potomac Avenue, Chicago, IL 60622
Property in Humboldt Park
Sold Mar 17, 2017
$645,000
Sold Jun 16, 2015
$105,000
2601 West Potomac Avenue in Chicago, IL was first built in 1916 and is 108 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 24 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 2601 West Potomac Avenue has 5,355 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Mar 13, 2017 for $645,000. That's $120.45 per sqft. Prior to that sales transaction, the property was also sold in Apr 24, 2015 for $105,000. 2601 West Potomac Avenue was last assessed in 2023. The total value of the property was assessed at $77,226. Specifically, the land the property is located on was valued at $13,500. While improvements on the property were assessed at a total of $63,726. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $15,884. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Total Rooms: 24
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 6
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 5,355
  • Gross Building Area: 5,355
  • Building Area: 5,355
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,355
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUMBOLDT PARK RESIDENCE
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (HUMBOLDT)(PARK)(RESIDENCE) ASSOCIATIONS SUB OF SW NE SEC 01-39-13

Ownership

  • Current Owner : RANJAN KUMAR
  • Current Owner 2: RANJAN SNEHAKUMARI
  • Previous Owner : 827 RICHMOND LLC
  • Owner Before Previous Owner: ATILES RAMOS ELADIO SIMON

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-01-225-021-0000
  • Block: 5
  • Lot: 1
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9045
  • Longitude: -87.6922

    Address

  • Full Address: 2601 W Potomac Ave
  • Address - House Number: 2601
  • Street Direction: W
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C064
  • 4-Digit Zip Code: 2891
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,884
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 639,814
  • High Value: 803,298
  • Low Value: 476,329

    Market Valuation

  • Market Total Value: $772,260
  • Market Land Value: $135,000
  • Market Improvement Value: $637,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,226
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $63,726

    Sales

  • Current Sale Contract Date: Mar 13, 2017
  • Current Sale Recording Date: Mar 17, 2017
  • Current Sale Transaction ID: 1806234780
  • Current Sale Price: $645,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1707647066
  • Previous Sale Recording Date: Jun 16, 2015
  • Previous Sale Contract Date: Apr 24, 2015
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 17, 2017
  • First Mortgage Loan Amount: $612,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Northwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2137 W Ohio Street, Chicago, IL, 60612

$3,095 /mo

  • 2 Beds
  • 2 Baths
  • 1,015 ft²
2137 W Ohio Street #2, Chicago, IL, 60612 Listing by Ruslana Dyakiv
Unit for rent at 1645 W Ogden Avenue, Chicago, IL, 60612

$2,995 /mo

  • 2 Beds
  • 2 Baths
  • 1,233 ft²
1645 W Ogden Avenue #602, Chicago, IL, 60612 Listing by Jonathan Minerick
Unit for rent at 1539 W Haddon Avenue, Chicago, IL, 60642

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
1539 W Haddon Avenue #1R, Chicago, IL, 60642 Listing by Nicholas Kravat
Unit for rent at 1437 W Superior Street, Chicago, IL, 60642

$2,700 /mo

  • 3 Beds
  • 2 Baths
1437 W Superior Street #3R, Chicago, IL, 60642 Listing by Elizabeth Woodward
Unit for rent at 1414 W Superior Street, Chicago, IL, 60642

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
1414 W Superior Street #2, Chicago, IL, 60642 Listing by Stephany Oliveros
Unit for rent at 3125 W Fullerton Avenue, Chicago, IL, 60647

$2,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
3125 W Fullerton Avenue #214, Chicago, IL, 60647 Listing by Brett Murphy
Unit for rent at 1513 W Erie Street, Chicago, IL, 60642

$2,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
1513 W Erie Street #1, Chicago, IL, 60642 Listing by Angel Navarro

Frequently Asked Questions

What neighborhood is 2601 West Potomac Avenue located in?
The 2601 West Potomac Avenue is a located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 2601 West Potomac Avenue?
The average sales price for units in 2601 West Potomac Avenue is $0 currently.

Quantcast