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About This Home

This 7-bedroom, 6-bathroom residential multi family at 1731 W Potomac Avenue in Chicago, IL is listed for $1,725,000. Built in 1890, on a 0.05 acres lot.

Agent 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.

Key Features

  • Built in 1890
  • 0.05 acre lot
  • 2 stories

Property Details

2 stories
6 full
1890

Amenities

A/C

Monthly Cost Estimate

$9,226/mo

20% down · 6.5% · 30 years

Principal$1,248
Interest$7,475
Insurance$503

Estimates only. Actual payments may vary.

Location

1731 W Potomac Avenue

Chicago, IL 60622

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 7-bedroom, 6-bathroom residential multi family at 1731 W Potomac Avenue is listed at $1,725,000. The estimated monthly payment is $7,475 based on 20% down at 6.5% interest.

Key features include: Built in 1890, 0.05 acre lot, 2 stories.

This property is listed by Quentin Green III or qgreen@compass.com.

QI

Quentin Green III

Agent at Compass

Listed by Compass

MLS# 12601366· Source: listhub· Updated 10 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1731 W Potomac Avenue, Chicago, IL 60622

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