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Listing by: Jack Doyle, Essex 312, LLC, 773-305-4858

10 Beds

4 Baths

n/aSqFt

Contingent

**Exceptional House-Hack & Value-Add Multifamily Opportunity in Humboldt Park** This property presents a rare opportunity for an aspiring house-hacker or experienced investor to acquire a fully renovated multifamily asset with significant upside potential in a Humboldt Park market experiencing positive rent growth trends. The building features a **legal 4-unit configuration with two additional non-conforming units**, offering a unique opportunity to maximize income potential. Situated on an **oversized, lot-line-to-lot-line corner parcel directly across from a designated urban garden**, the property benefits from exceptional visibility, strong curb appeal, and desirable neighborhood positioning. All renovations have been completed in accordance with **City-approved plans and permits**, which are available in the additional property documentation. The completed improvements provide a turnkey foundation for an investor seeking immediate cash flow while retaining multiple avenues for future value creation. Current rents remain substantially below market, creating a clear path for future income growth through lease-up, turnover, and strategic repositioning. The two non-conforming units may provide additional upside through potential legalization under Chicago's ADU program, subject to buyer verification of zoning requirements, eligibility, and applicable City approvals. With renovated interiors, significant rental upside, flexible ownership strategies, and multiple paths to enhance value, this property represents a compelling opportunity for both owner-occupants and long-term multifamily investors.

Property Details
Price $524,900
Bedrooms 10
Total Baths 4
Lot Size 26 x 126
Property Type MultiFamily
Sub type Duplex
MLS® Sub type Two to Four Units
Year Built 1920
Heating Natural Gas
Parking Description Yes, Attached, Garage
Parking Spaces 1
Garage spaces 1
Geographic Data
Directions Pulaski West to Potomac West to property.
County Cook
Market Area CHI - Humboldt Park
Address Information
Address 4101 W Potomac Avenue, Chicago, IL 60651
Postal Code 60651
City Chicago
State IL
Country United States
Listing Information
Listing Office Essex 312, LLC
Listing Office Phone 773-305-4858
Listing Office Email [email protected]
Listing Agent Jack Doyle
Listing Agent Phone 773-305-4858
Address On Vow Display Yes
Avm On Idx Display Yes
Idx Comments Reviews Yes
Internet Automated Valuation Display 1
Internet Consumer Comment 1
Listing On Idx Display Yes
Market Time On Idx Display Yes
Price History On Idx Display Yes
Remarks Internet Yes
Remarks On Vow Display Yes
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
Ownership Fee Simple
School Information
District 299
MLS® Information
Days on market 52
MLS® Status Contingent
Listing Date Jul 10, 2026
Listing Last Modified Aug 30, 2026
Tax ID 16032300240000
Tax Year 2023
Tax Annual Amount 4377
MLS® Area CHI - Humboldt Park
MLS® # MRD12701545

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