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24 Properties Within 0.5 miles of: 4101 W Potomac, Chicago

4101 W Potomac
Chicago, IL 60651

  • 10 Beds
  • Built In 1920
Price

$524,900

Est Payment
$3,033 / month (details)  
Taxes
$4,377  
Beds
10  
Rooms
22  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
26 x 126  
Built
1920  
Neighborhood
Humboldt Park  
MLS
#12701545
Status
Active (12 days)

Property Description

**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.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
1 Garage Spaces, Yes, Attached, Garage
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-11-2026 Listed at $524,900
Last Modified 7/20/26 3:50 PM

Nearby Transportation

  • Bus 70 0.1 mi
  • Bus 53 0.1 mi
  • Bus 65 0.2 mi
  • Bus 72 0.4 mi
  • Bus 66 0.6 mi
  • Bus 54 0.9 mi
  • Bus 73 0.9 mi
  • Bus 82 0.9 mi
  • Bus 52 1.2 mi
  • Milwaukee West 1.1 mi
  • I 290 West 2.1 mi
  • I 290 East 2.2 mi
  • I 90 East 2.5 mi
  • I 94 East 2.5 mi
  • I 90 West 2.6 mi
  • I 94 West 2.6 mi
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