$1,725,000

1731 W Potomac Avenue, Chicago, IL 60622

  • 4,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $383/sqft
  • Property List Date Icon Listed 4 days ago

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.

Listing Status:
Active
Data Last Updated:
April 3, 2026 at 8:18PM
Listing Office:
Compass : 773-895-7750
Listing Agent:
Quentin Green III : 773-895-7750
MLS ID:
12601366
  • Basement: Finished
  • A/C: Central Air
  • Originating MLS: mred
  • County: Cook
  • Zoning: 17062330070000
  • Current Use: Multi-Family
  • Utilities: Circuit BreakersSeparate Meters
  • Water: Municipal Water
  • Source: mred

This listing courtesy of Quentin Green III , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lasalle II Lang Academy Elementary School

1148 N Honore St, Chicago, IL, 60622

Grades PK-8

0.19 miles away

L

Lasalle II Lang Academy Elementary School

1148 N Honore St, Chicago, IL, 60622

Grades PK-8

0.19 miles away

W

Wells Community Academy High School

936 N Ashland Ave, Chicago, IL, 60622

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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