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2615 West Potomac Avenue

2615 West Potomac Avenue, Chicago, IL 60622
Property in Humboldt Park
2 Units For Sale
Unit for sale at 2615 W Potomac Avenue, Chicago, IL 60622

$1,200,000

  • 14 Beds
2615 W Potomac Avenue, Chicago, IL 60622 Listing by Reve' Kendall

Unit for sale at 2615 W Potomac Avenue, Chicago, IL 60622

$1,225,000

  • 14 Beds
2615 W Potomac Avenue, Chicago, IL 60622 Listing by Reve' Kendall

2615 West Potomac Avenue in Chicago, IL was first built in 1890 and is 134 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 18 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2615 West Potomac Avenue has 4,887 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. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 3,600 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 2 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 hot water heating system. The property was last sold in Jun 29, 2017 for $622,000. That's $127.28 per sqft. Prior to that sales transaction, the property was also sold in Nov 21, 2002 for $210,000. 2615 West Potomac Avenue was last assessed in 2023. The total value of the property was assessed at $65,000. Specifically, the land the property is located on was valued at $16,200. While improvements on the property were assessed at a total of $48,800. 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 $13,369. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Condition

New Construction

Exterior

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 300
  • Total Building Area: 4,887
  • Gross Building Area: 4,887
  • Building Area: 4,887
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,887
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUMBOLDT PARK RESIDENCE
  • Land Acres: 0.083
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (HUMBOLDT)(PARK)(RESIDENCE) ASSOCIATIONS SUB OF SW NE SEC 01-39-13

Ownership

  • Current Owner : PRABHAKARAN VIJAY
  • Previous Owner : RESTREPO WILLIAM
  • Previous Owner 2: PRCCIADO VILLA NATALIA A
  • Owner Before Previous Owner: BARNHART ELIZABETH W

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: 16-01-225-017-0000
  • Block: 5
  • Lot: 5,6
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9046
  • Longitude: -87.6926

    Address

  • Full Address: 2615 W Potomac Ave
  • Address - House Number: 2615
  • Street Direction: W
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C064
  • 4-Digit Zip Code: 2832
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,369
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 579,738
  • High Value: 727,872
  • Low Value: 431,603

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $684,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $684,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $650,000
  • Market Land Value: $162,000
  • Market Improvement Value: $488,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,000
  • Assessed Land Value: $16,200
  • Assessed Improvements Value: $48,800

    Sales

  • Current Sale Contract Date: Jun 29, 2017
  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Transaction ID: 1589604050
  • Current Sale Price: $622,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1718116013
  • Previous Sale Recording Date: Feb 05, 2003
  • Previous Sale Contract Date: Nov 21, 2002
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 30, 2017
  • First Mortgage Loan Amount: $466,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: ELIZABETH ZAPATA
  • Previous Mortgage Transaction Date: Feb 05, 2003
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 56
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Nov 30, 2007

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2615 West Potomac Avenue located in?
The 2615 West Potomac Avenue is a located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
How many listings are currently for sale in 2615 West Potomac Avenue?
2615 West Potomac Avenue has a total of zero units in the building. There are two units for sale right now.
What is the average sales price for listings in 2615 West Potomac Avenue?
The average sales price for units in 2615 West Potomac Avenue is $1,212,500 currently.

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