4158 W Potomac Avenue Chicago, IL $ 979,000
4158 W Potomac Avenue
$ 979,000
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4158 W Potomac Avenue

Chicago, IL, 60651
$ 979,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 6,182

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Multi-Family Home for sale in Chicago, IL

for $979,000 with 6 bedrooms. This home was built in 1924.

Welcome to 4158 W Potomac in the heart of Chicago's West Humboldt Park neighborhood. Located at the corners of Potomac and Keeler, this well-maintained 8-unit brick building is a solid value-add opportunity in a growing neighborhood with strong rental demand. The property offers three different floor plans-2 north-end units, 4 middle units and 2 south-end units-2 front entrances and a gated courtyard. All 8 units consist of 2 bedrooms, 1 bath and deck, hardwood floors in living/dining rooms and bedrooms, ceramic tile in kitchens and bathrooms. The 4 end units feature a separate dining room, and the middle units have eat-in kitchens. All units have separate forced-air heat. Separate utilities paid for by tenants. Landlord pays for water. Coin-operated laundry for extra income. The owner has done extensive updates throughout the years to all the units as well building. Too many to list here! Great opportunity for a savvy investor in a prime location. Property is being sold AS IS. Conveniently situated steps from the new Amazon fulfillment center and shopping center, this property is perfect for tenants seeking convenience. Ideally situated in proximity to several lines of public transportation, schools, parks, and essential shopping. Schedule a showing today and discover the potential of this remarkable property!

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Multi-Family Active

Price

$ 979,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 14,288

Style

Multi-Family

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12672227

Features
General
Possession Closing Tenant's Rights
Roof Rubber
Zoning MULTI
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity Heat
Stories Count 2
Tax Year 2024
Current Use Multi-Family
Gross Income 124200
County Cook
Net Operating Income 70476
Operating Expense 38124
Insurance Expense 7500
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 6000
Possible Use Condominium
Status Active
Directions Grand to Keeler S to gr8 opp
City Chicago
Number Of Units Total 8
MLS Area CHI - Humboldt Park
Tax Annual Amount 14288
Electric Expense 900
Fuel Expense 0
Trash Expense 2336
Water Sewer Expense 3600
Ok to Lease 12 Months Month To Month
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7.2
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Interior
Basement Unfinished Exterior Entry
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 50 X 125
Frontage Type City Street
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* Excluded Features
List By
Chicagoland Brokers, Inc.

Broker

norma@chicagoareahomehunters.com

Email

Affordability Calculator

$7,372
Per Month
84%
16%
0%
Monthly Principal & Interest
$6,182
Monthly Property Taxes
$1,191
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.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$979,000 Listed Price

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4158 W Potomac Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $979,000. 4158 W Potomac Avenue has 6 bedrooms, 0.0 baths, and was built in 1924. The property's zip code is 60651 which is in Chicago, IL