1731 W Potomac AVE, Chicago, IL 60622
1731 W Potomac AVE, Chicago, IL 60622
1731 W Potomac AVE, Chicago, IL 60622
28
$1,675,000
$1,725,000
2.9%
Est.Price: ?

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4,500 SqFt

1731 W Potomac AVE Chicago, IL 60622

Est. payment /mo
SOLD DATE : 06/17/2026

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Key Details

Sold Price $1,675,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $372

MLS Listing ID 12601366

Sold Date 06/17/26

Maintenance Fees $2,000

Year Built 1890

Annual Tax Amount $30,608

Tax Year 2024

Lot Dimensions 23X100

Property Sub-Type Multi Family 5+

Property Description

Turnkey, fully renovated 5-unit apartment building in the heart of Wicker Park - one of Chicago's most sought-after neighborhoods. Gut rehabbed in 2021 with high-end finishes throughout, this 7 bed / 6 bath building is a rare, low-maintenance investment opportunity ready to perform from day one. The building consists of the following: 1 bed/1 baths (2), 1 bed/1 bath plus den (1), 2 bed/1 bath (1), and a tri-level 2 bed/2 bath with bonus storage (1). Each unit features in-unit laundry, new appliances (dishwasher, oven/range, refrigerator), custom cabinetry, custom closets, grey wood finish floors, designer lighting, and smart home amenities including a Ring doorbell and Nest thermostat. Units boast generous storage, and the building offers additional storage in the attic. All units are individually metered for utilities, keeping operating costs lean and management simple. The units themselves get plenty of sun in the front and thoughtfully laid out - several feature a flexible office nook or secondary bedroom, beautiful barn doors, and pantry storage that sets them apart from typical rental stock. The location is unmatched. Steps from the Division Blue Line, Division Street's bar and restaurant corridor, Jewel, Target, a Divvy station, and a neighborhood community garden - tenants have everything they need within a 5-minute walk. This building offers investors a truly low-overhead, high-demand asset in a neighborhood that consistently commands strong rents and minimal vacancy.

Location

State IL

County Cook

Area Chi - West Town

Rooms

Basement Finished

Interior

Cooling Central Air

Fireplace N

Building

Water Municipal Water

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Quentin Green III of  Compass 
Bought with Damone Richardson of Compass

NEARBY SCHOOLS & BUSINESSES

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Sean Spencer Jr

Sean Spencer Jr

Agent | License ID: 475.205442

+1(708) 556-1960

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