3244 W Potomac Avenue Chicago, IL $ 1,199,000
3244 W Potomac Avenue
$ 1,199,000
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3244 W Potomac Avenue

Chicago, IL, 60651
$ 1,199,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 7,571

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Multi-Family Home for sale in Chicago, IL

for $1,199,000 with 5 bedrooms and 3 full baths. This home was built in 1909.

Stunning Chicago greystone just steps from Humboldt Park! This truly special three-unit property sits on an oversized lot and offers an exceptional combination of classic character, generous living space, and thoughtful amenities. The spacious former owner's unit features beautiful hardwood floors throughout, an extra-wide open floor plan, an oversized bathroom, and the convenience of in-unit laundry. With its impressive greystone facade, oversized lot, exceptionally wide and spacious apartments, and prime location, this property offers a rare combination of character, scale, and location. The generous width of the units creates expansive living and dining spaces with an open, substantial feel that sets these apartments apart. An outstanding opportunity for an owner-occupant or investor seeking a distinctive multi-unit property in one of Chicago's most vibrant neighborhoods. Perfect for someone looking to convert into a spectacular single family residence. Outside, a beautifully manicured lawn adds rare green space and wonderful curb appeal. The property also offers a common laundry room in the basement, three dedicated tenant storage areas, and a three-car garage. A truly special property that must be seen to fully appreciate its size, presence, and possibilities. Rent increases have been provided to tenants, with new rents scheduled to be in effect January 2027. New monthly rents: Unit 1 - $2,600; Unit 2 - $2,700; Garden Unit - $1,800, for total scheduled rental income of $7,100/month or $85,200 annually. Property also generates approximately $1,600/year in coin laundry income, bringing total projected annual income to approximately $86,800. **Second-floor dining room light fixture is owned by the tenant and is excluded from the sale

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Multi-Family Active

Price

$ 1,199,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,979

Style

Greystone

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12773705

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Closing
Roof Rubber
Zoning MULTI
Garage Spaces 3
Architectural Style Greystone
Construction Materials Stone
Year Built 1909
Township North Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 86800
Community Features Park Tennis Court(s) Curbs Gated Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions North Ave to Kedzie South on Kedzie to Potomac Ave right on Potomac Ave to address
City Chicago
High School District 299
MLS Area CHI - Humboldt Park
Tax Annual Amount 8979.79
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full Walk-Out Access
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Bathroom Whirlpool Separate Shower Double Sink
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Exterior Amenities Balcony
Parking Features Garage Door Opener Yes Other Detached Garage
Lot Features Garden
Water Source Lake Michigan Public
Total Parking 3
Foundation Details Block Concrete Perimeter
Lot Dimensions 37x125
Waterfront Y/N N
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* Excluded Features
List By
Kale Realty

Broker

sylviamagallanes@hotmail.com

Email

Affordability Calculator

$8,319
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,571
Monthly Property Taxes
$748
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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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$1,199,000 Listed Price

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3244 W Potomac Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $1,199,000. 3244 W Potomac Avenue has 5 bedrooms, 3.0 baths, and was built in 1909. The property's zip code is 60651 which is in Chicago, IL