4845 W Potomac Avenue Chicago, IL $ 464,900
4845 W Potomac Avenue
$ 464,900
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4845 W Potomac Avenue

Chicago, IL, 60651
$ 464,900
Bedrooms4 Baths2.0 Sq 2,000

Monthly Estimate*

$ 2,862

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Multi-Family Home for sale in Chicago, IL

for $464,900 with 4 bedrooms and 2 full baths. This 2,000 square foot home was built in 1905.

More affordable than renting! Don't miss this incredible opportunity to live in one unit and rent out the other. Completely remodeled with permits, giving you peace of mind! This solid 2-unit building with unfinished basement features two spacious units, each offering an open-concept living and dining area, 2 bedrooms, and 1 full bathroom. All major components have been updated, including new siding, electrical, HVAC systems, roof, and plumbing. Each unit showcases a modern kitchen with new stainless steel appliances, and gleaming quartz countertops, beautifully updated contemporary bathrooms, laundry room hookups, refinished hardwood floors, and new windows throughout. Situated on an oversized lot, the property includes a parking pad for up to three cars and is fully gated for added security. Low property taxes make this an even more attractive investment opportunity or ideal owner-occupied property. Located in booming North Austin, the property offers easy access to public transportation and major highways (I-290 & I-90). Close to schools, parks, shopping, restaurants, and everyday conveniences. A strong rental market with steady demand makes this a smart investment in a growing community.

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Multi-Family Contingent

Price

$ 464,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,959

Style

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12567096

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Immediate
Construction Materials Vinyl Siding
Year Built 1905
Township West Chicago
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 14
Status Contingent
Directions Heading north on Cicero past North Ave. Right turn on Potomac Ave property will be on the right hand side
High School Orr Community Academy High Schoo
City Chicago
High School District 299
MLS Area CHI - Austin
Elementary School Lewis Elementary School
Tax Annual Amount 3959.26
Middle/Junior High School Lewis Elementary School
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Bathroom Soaking Tub
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Owned
Water Source Lake Michigan Public
Total Parking 3
Lot Dimensions 30x125
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Premier

Broker

realtorbrendamtz@gmail.com

Email

Affordability Calculator

$3,192
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,862
Monthly Property Taxes
$330
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4571998 Elementary School
4571998 Middle School
Orr Community Academy High Schoo High School
Pricing History
DatePricePrice ChangeDescription
2/12/2026$464,900 Listed Price

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4845 W Potomac Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $464,900 with 2,000 sqft. 4845 W Potomac Avenue has 4 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 60651 which is in Chicago, IL