O'Neil Property Group
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$1,725,000
56 Days On Site

1731 W Potomac Avenue
Chicago, IL 60622

For Sale|Multi Family|Active Under Contract
0
Beds
0
Total Baths
4,500
SqFt
$383
/SqFt
1890
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass
1731 W Potomac Avenue1731 W Potomac Avenue1731 W Potomac Avenue1731 W Potomac Avenue
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Monthly Payment (Est.)

$7,870
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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.

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Listing Snapshot
Priceย 
$1,725,000
Days On Siteย 
56 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
4,500 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
N/A
Year Builtย 
1890
MLSยฎ Numberย 
12601366
Statusย 
Active Under Contract
Property Taxย 
$30,608
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLSยฎ
a month agoStatus changed to Active Under Contract
2 months agoListing first seen on site
General Features
Additional Property Useย 
Multi-Family
Number Of Storiesย 
2
Property Sub Typeย 
Multi Family
SqFt Totalย 
4500
Interior Features
Basementย 
Finished
Coolingย 
Central Air
Electricย 
Circuit Breakers
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Exterior Features
Construction Detailsย 
Brick
Community Features
MLS Areaย 
CHI - West Town
Townshipย 
West Chicago
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2026-05-25 04:24 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-25 04:24 PM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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