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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

2144 W Potomac Ave, Chicago, IL 60622

Fully leased property with updated interiors and individual HVAC systems.

Property SizeContact for details
Days on Market142

Property Features for 2144 W Potomac Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: 33 Realty LLC
Listed By: Conor McMullen · License #IL 475.167587
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 33 Realty LLC

Investment Insights

Based on property information with market context.

This five-unit apartment building offers a varied residential configuration with four three-bedroom residences and one four-bedroom residence. The units include two- and three-bath layouts, stainless steel appliances, granite countertops, hardwood floors, dishwashers, and in-unit laundry. Individual HVAC systems serve the apartments, while newer water heaters and back porches add to the building’s physical improvements.

The property underwent a complete rehabilitation in 2013/14 and is fully leased. Its Wicker Park location places the building near the Damen Blue Line stop, restaurants, and nightlife. Downtown and River North are also identified as employment destinations accessible from the area, supporting the property’s established renter appeal.

Key Highlights

  • 5‑unit building with four 3‑bedroom units and one 4‑bedroom unit
  • Three 3‑bedroom/2‑bath units, one 3‑bedroom/3‑bath unit, and one 4‑bedroom/3‑bath unit
  • Fully leased residential property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Accounting Firm Catering Service Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,083
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased property with updated interiors and individual HVAC systems.
Where is this apartment building located?
The property is located at 2144 W Potomac Ave Chicago, IL.
What are key features of this property?
This property features: 5‑unit building with four 3‑bedroom units and one 4‑bedroom unit; Three 3‑bedroom/2‑bath units, one 3‑bedroom/3‑bath unit, and one 4‑bedroom/3‑bath unit; Fully leased residential property
More about this property
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