4101 W Potomac Avenue Chicago, IL $ 524,900
4101 W Potomac Avenue
$ 524,900
Recently Listed
Share Save

4101 W Potomac Avenue

Chicago, IL, 60651
$ 524,900
Bedrooms10 Baths4.0

Monthly Estimate*

$ 3,314

4101 W Potomac Avenue, Chicago, IL 60651 - Image 1
4101 W Potomac Avenue, Chicago, IL 60651 - Image 2
4101 W Potomac Avenue, Chicago, IL 60651 - Image 3
4101 W Potomac Avenue, Chicago, IL 60651 - Image 4
4101 W Potomac Avenue, Chicago, IL 60651 - Image 5
4101 W Potomac Avenue, Chicago, IL 60651 - Image 6
4101 W Potomac Avenue, Chicago, IL 60651 - Image 7
4101 W Potomac Avenue, Chicago, IL 60651 - Image 8
4101 W Potomac Avenue, Chicago, IL 60651 - Image 9
4101 W Potomac Avenue, Chicago, IL 60651 - Image 10
4101 W Potomac Avenue, Chicago, IL 60651 - Image 11
4101 W Potomac Avenue, Chicago, IL 60651 - Image 12
4101 W Potomac Avenue, Chicago, IL 60651 - Image 13
4101 W Potomac Avenue, Chicago, IL 60651 - Image 14
4101 W Potomac Avenue, Chicago, IL 60651 - Image 15
4101 W Potomac Avenue, Chicago, IL 60651 - Image 16
4101 W Potomac Avenue, Chicago, IL 60651 - Image 17
4101 W Potomac Avenue, Chicago, IL 60651 - Image 18
4101 W Potomac Avenue, Chicago, IL 60651 - Image 19

Multi-Family Home for sale in Chicago, IL

for $524,900 with 10 bedrooms and 4 full baths. This home was built in 1920.

**Exceptional House-Hack & Value-Add Multifamily Opportunity in Humboldt Park** This property presents a rare opportunity for an aspiring house-hacker or experienced investor to acquire a fully renovated multifamily asset with significant upside potential in a Humboldt Park market experiencing positive rent growth trends. The building features a **legal 4-unit configuration with two additional non-conforming units**, offering a unique opportunity to maximize income potential. Situated on an **oversized, lot-line-to-lot-line corner parcel directly across from a designated urban garden**, the property benefits from exceptional visibility, strong curb appeal, and desirable neighborhood positioning. All renovations have been completed in accordance with **City-approved plans and permits**, which are available in the additional property documentation. The completed improvements provide a turnkey foundation for an investor seeking immediate cash flow while retaining multiple avenues for future value creation. Current rents remain substantially below market, creating a clear path for future income growth through lease-up, turnover, and strategic repositioning. The two non-conforming units may provide additional upside through potential legalization under Chicago's ADU program, subject to buyer verification of zoning requirements, eligibility, and applicable City approvals. With renovated interiors, significant rental upside, flexible ownership strategies, and multiple paths to enhance value, this property represents a compelling opportunity for both owner-occupants and long-term multifamily investors.

See more

Multi-Family Active

Price

$ 524,900

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,377

Style

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12701545

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 1
Construction Materials Vinyl Siding Brick
Year Built 1920
Township West Chicago
Tax Year 2023
Ownership Fee Simple
Gross Income 80400
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 22
Status Active
Directions Pulaski West to Potomac West to property.
City Chicago
High School District 299
MLS Area CHI - Humboldt Park
Tax Annual Amount 4377
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
See more
Interior
Basement Partially Finished Full
Total Bedrooms 10
Total Baths 4
Bedrooms Possible 10
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
See more
Exterior
Parking Features Yes Attached Garage
Water Source Lake Michigan
Total Parking 1
Lot Dimensions 26 x 126
Waterfront Y/N N
See more
* Excluded Features
List By
Essex 312, Llc

Broker

jackdoyle@essex312.com

Email

Affordability Calculator

$3,679
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,314
Monthly Property Taxes
$365
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$524,900 Listed Price

Map


See all

4101 W Potomac Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $524,900. 4101 W Potomac Avenue has 10 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 60651 which is in Chicago, IL