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1940 W Potomac Ave; Chicago, IL Property Details

1940 W Potomac Ave, Chicago, IL is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 1940 W Potomac Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 2,454 square feet. The lot size of 1940 W Potomac Ave is 3,168 square feet.

Off market
1940 W Potomac Ave Chicago, IL 60622
$1,400,000 Listing Price
3 Beds
2.5 Baths
2,454 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1992
  • Purchase Price: $1,400,000
  • Est. Equity / %: $2,018,000 / 100%
  • Gross Yield: 6.464%
  • APN: 17-06-216-079-0000
  • Situs County: Cook
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 2,454/SqFt
  • Lot: 3,168/SqFt
  • Gross: 2,454/SqFt
  • Living: 2,454/SqFt
  • Building: 2,454/SqFt
  • Price Per Square Foot: $570.50

Legal Description

  • Description: (BAIRD) & (BRADLEYS) SUB OF N4ACS W10ACS S25ACS OF WH NE & PT E20ACS S25ACS OF EH OF NW SEC 06-39-14
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.905243 / -87.67647
  • Subdivision: Baird & Bradleys
  • Property Class: Residential
  • Zoning: RT-4
  • County Use Code: 2-78

Amenities

  • Plus Four: 3149
  • Cooling: Central
  • Garage: None
  • Heating: Yes

HOA

  • H O A One: $353
  • H O A Amount: $353
  • H O A One Frequency: Monthly
  • H O A One Name: Allan-Odis
  • H O A One Type: Home Owner Association

Ownership Info

1940 W Potomac Ave has no associated ownership info
1940 W Potomac Ave has no associated ownership info.

Taxes

1940 W Potomac Ave has 10 associated Taxes items

1940 W Potomac Ave, Chicago, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $128,000. The APN we've located for 1940 W Potomac Ave is 17-06-216-079-0000.

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Taxes
  • Assessed Value:  $128,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  17-06-216-079-0000
  • Assessed Land Value:  31522
  • Market Land Value:  315220
  • Tax Amount:  22009
  • Tax Year:  2023
  • Market Value:  1280000
  • Market Year:  2025

Tax History

1940 W Potomac Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $128,000 Land Value $31,522 Improvement Value $96,478 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $128,000 Land Value $31,522 Improvement Value $96,478 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $22,009 Change Rate +0.028892% Assessed CR Tax Rate
Year 2022 Assessed Value $104,000 Land Value $25,344 Improvement Value $78,656 Tax Amount $21,390.97 Change Rate +0.022833% Assessed CR Tax Rate +0.205682%
Year 2021 Assessed Value $104,000 Land Value $25,344 Improvement Value $78,656 Tax Amount $20,913.46 Change Rate +0.206372% Assessed CR Tax Rate +0.201091%
Year 2020 Assessed Value $80,922 Land Value $14,414 Improvement Value $66,508 Tax Amount $17,335.83 Change Rate +0.020774% Assessed CR Tax Rate +0.214229%
Year 2019 Assessed Value $87,959 Land Value $14,414 Improvement Value $73,545 Tax Amount $16,983.02 Change Rate +0.017174% Assessed CR Tax Rate +0.193079%
Year 2018 Assessed Value $87,959 Land Value $14,414 Improvement Value $73,545 Tax Amount $16,696.27 Change Rate +0.03815% Assessed CR Tax Rate +0.189819%
Year 2017 Assessed Value $78,085 Land Value $12,672 Improvement Value $65,413 Tax Amount $16,082.71 Change Rate +0.062308% Assessed CR Tax Rate +0.205964%
Year 2016 Assessed Value $78,085 Land Value $12,672 Improvement Value $65,413 Tax Amount $15,139.4 Change Rate +0.055811% Assessed CR Tax Rate +0.193884%
Year 2015 Assessed Value $80,874 Land Value $12,672 Improvement Value $68,202 Tax Amount $14,339.12 Change Rate +0.219037% Assessed CR Tax Rate +0.177302%
Year 2014 Assessed Value $65,966 Land Value $11,088 Improvement Value $54,878 Tax Amount $11,762.66 Change Rate -0.019577% Assessed CR Tax Rate +0.178314%
Year 2013 Assessed Value $65,966 Land Value $11,088 Improvement Value $54,878 Tax Amount $11,997.54 Change Rate Assessed CR Tax Rate +0.181875%