This property
$48,000
$48,000
Similar homes for sale
$24,017
$24,017
Recently sold homes
$30,333
$30,333
4946 W Potomac Ave, Chicago IL 60651
2 ba 1,248 sqft Single-Family Home|
Sold for $48,000 on Oct 10th, 2008 |
Description provided by Trulia.
Description provided by Realty Trac.
Street view
Similar homes for sale
Average listing price is $24,017
Recently sold homes
Average sales price is $30,333
1036 N Lawler Ave, Chicago IL
Sold for $24,500 on 04/27/09
1 ba1,464 sqft
Single-Family Home
0.34 mi
1131 N Keystone Ave, Chicago IL
Sold for $31,000 on 06/01/09
1 ba1,642 sqft
Single-Family Home
1.21 mi
| This home | ||
|---|---|---|
| Sales price: | $48,000 | |
| Compared to similar homes | ||
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| Avg. listing price: | $24,017 | +100% |
| Avg. sales price: | $30,333 | +58% |
| Avg. price/sqft: | $23 | +65% |
| Compared to Austin | ||
|---|---|---|
| Avg. listing price: | $149,019 | -68% |
| Avg. sales price: | $108,579 | -56% |
| Avg. price/sqft: | $43 | -12% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $48,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $460,585 | -90% |
| Avg. sales price: | $302,073 | -84% |
| Avg. price/sqft: | $142 | -73% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Northwest Institute
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Private | 0.22 | ||
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Lewis Elementary School
Chicago Public School District 299 |
Public | 0.29 | ||
| The Chicago Public Schools needs to put qualified teachers in this school that are willing to go that extra mile for these children. The same way they… | ||||
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John Hay Community Academy
Chicago Public School District 299 |
Public | 0.46 | ||
| Ms. Guy is a excellent principal | ||||
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Mcnair Academic Center
Chicago Public School District 299 |
Public | 0.47 | ||
| My child is doing so much better with her reading skills thanks to Ms Malik and Dr. Dillard. they have helped her improve a whole grade level. Thank… | ||||
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Christ Lutheran School
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Private | 0.55 | ||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:4946 W Potomac Ave, Chicago IL 60651 |
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Advice & Opinions
Recent Q&A in Austin, Chicago, IL
| Communities near 4946 W Potomac Ave, Chicago | ||||||||||||||
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This is a Single-Family Home located at 4946 W Potomac Ave, Chicago IL, 60651. 4946 W Potomac Ave has has 2 baths and approximately 1,248 square feet. The property has a lot size of 0 square feet and was built in 1914. 4946 W Potomac Ave is in the Austin neighborhood in Chicago and in ZIP Code 60651. The average listing price for similar homes for sale is $24,017 and the average sales price for similar recently sold homes is $30,333. The average sale price for Austin sold homes is $108,579. The average sale price for 60651 sold homes is $86,068. The average sale price for Chicago sold homes is $302,073.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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