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Two to Four Units · Chicago, IL
$524,900
10 beds · 4 baths
4101 W Potomac Avenue, Chicago, IL, 60651
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

1-car garage
**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.
— the listing agent’s description

The home

10 beds
4 baths
Built in 1920
Lot 26 x 126
1-car garage
Two to Four Units

What it’ll cost

$4,377 taxes / yr
No HOA
35 days on dwello

Estimated monthly payment

$3,309/mo
Principal & interest$2,791
Property taxes$365
Homeowners insurance$153
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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35 days on dwello
Price history
Listed for sale
Jul 11, 2026
$524,900
Property taxes
2025
Annual tax bill (MLS)
$4,377/yr
Assessed value
2026
County assessor
$44,000~$440,000 mkt
2025
$44,000~$440,000 mkt
2024
$44,000~$440,000 mkt
2023
$24,000~$240,000 mkt
2022
$24,000~$240,000 mkt
2021
$24,000~$240,000 mkt
2020
$21,445~$214,450 mkt
2019
$24,936~$249,360 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasVinyl SidingBrickPublic SewerYesAttached

Schools nearby

Nobel Elementary School · 0.1 mi
West Park STEAM Academy · 0.3 mi
Bethel Lutheran School · 0.3 mi
Brian Piccolo Specialty School · 0.3 mi
Cameron Elementary School · 0.5 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Jack Doyle · Essex 312, LLC
Listing last updated Aug 13, 2026 · data refreshed from the MLS Aug 14, 2026, 12:10 AM CT
Based on information submitted to the MLS GRID as of Aug 14, 2026, 12:10 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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