Renovated Four-Unit Corner
For Sale
$524,900
4101 W Potomac Avenue, Chicago, IL 60651
Renovated multifamily property with four legal units and two additional non-conforming units on a corner parcel.
Property SizeContact for details
Days on Market54
Property Features for 4101 W Potomac Avenue
General Information
Standard status
Active
Total Parking Spaces
1
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,377
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Essex 312, LLC
(773) 305-4858
Listed By:
Jack Doyle · License #475190497
(773) 305-4858
Source:
Gia-sells
Added: Jul 10
Changed: Aug 31
Last Checked: Aug 3 at 10:06AM
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 Essex 312, LLC
Investment Insights
Based on property information with market context.
Built in 1920, this renovated quadplex contains a legal four-unit configuration along with two additional non-conforming units. Improvements were completed under City-approved plans and permits, which are available in the property documentation.
The building occupies an oversized, lot-line-to-lot-line corner parcel directly across from a designated urban garden. The configuration provides six total units, with the additional two identified as non-conforming. Any future legalization or use changes remain subject to applicable zoning requirements, program eligibility, and City approvals.
The building occupies an oversized, lot-line-to-lot-line corner parcel directly across from a designated urban garden. The configuration provides six total units, with the additional two identified as non-conforming. Any future legalization or use changes remain subject to applicable zoning requirements, program eligibility, and City approvals.
Key Highlights
- Legal 4‑unit configuration with 2 additional non‑conforming units
- Renovated improvements completed under City‑approved plans and permits
- Oversized, lot‑line‑to‑lot‑line corner parcel
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,306
Businesses Nearby
Explore this area
Business Placement
Demographics for 60651, IL
62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Renovated multifamily property with four legal units and two additional non-conforming units on a corner parcel.
Where is this quadplex located?
The property is located at 4101 W Potomac Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Legal 4‑unit configuration with 2 additional non‑conforming units; Renovated improvements completed under City‑approved plans and permits; Oversized, lot‑line‑to‑lot‑line corner parcel
