Properties

Features
: Central Air
: Finished
Address Map
US
IL
Cook
Chicago
60622
Potomac
1731
Avenue
W88° 19' 43.3''
N41° 54' 16.8''
West on Division, North on Wood, East on Potomac
CHI - West Town
W
Additional Information
4500
: Brick
: Multi-Family
Circuit Breakers,Separate Meters
23X100
5
2
: Municipal Water
Compass
Quentin Green III
Financial
30608
Listing Information
Vincenza LoBello
884438
87120
Compass
883236
87120
Contingent
2026-04-23T13:16:02Z
MRED
2026-04-23T13:15:16Z
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.

Commercial Sale For Sale

1731 W Potomac Avenue, Chicago, Illinois 60622

$1,725,000
Listing ID#12601366
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12601366
Price : $1,725,000
Year Built : 1890
Listing Status : Active Under Contract
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