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$979,000
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Property Description
Welcome to 4158 W Potomac in the heart of Chicago's West Humboldt Park neighborhood. Located at the corners of Potomac and Keeler, this well-maintained 8-unit brick building is a solid value-add opportunity in a growing neighborhood with strong rental demand. The property offers three different floor plans-2 north-end units, 4 middle units and 2 south-end units-2 front entrances and a gated courtyard. All 8 units consist of 2 bedrooms, 1 bath and deck, hardwood floors in living/dining rooms and bedrooms, ceramic tile in kitchens and bathrooms. The 4 end units feature a separate dining room, and the middle units have eat-in kitchens. All units have separate forced-air heat. Separate utilities paid for by tenants. Landlord pays for water. Coin-operated laundry for extra income. The owner has done extensive updates throughout the years to all the units as well building. Too many to list here! Great opportunity for a savvy investor in a prime location. Property is being sold AS IS. Conveniently situated steps from the new Amazon fulfillment center and shopping center, this property is perfect for tenants seeking convenience. Ideally situated in proximity to several lines of public transportation, schools, parks, and essential shopping. Schedule a showing today and discover the potential of this remarkable property!
Full Property Details
Full Property Details for 4158 W Potomac Ave
General
- Price: $979,000
- HOA FEE: $6,000
- Taxes: $14,288 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12672227
- Updated: 7/20/2026
- Added to Site: 13 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months, Month To Month
Interior
- Basement: Unfinished
- Interior Features: Laundry Room
Location
- Area: CHI - Humboldt Park
- County: Cook
- Driving Directions: Grand to Keeler, S to gr8 opp
Heating & Cooling
- Heating Type: Forced Air, Gas
Utilities
- Trash: 2336
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1924
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 8
- Units w/Range/Oven: 8
Lot Features
- Lot Dimensions: 50 x 125
- Frontage: City Street
- Potential Use: Condominium
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $6,000
- Insurance Fee: $7,500
- Operating Expenses: $38,124
- Other Fee: $3,500
- Assessment Year: 1924
- Tax Amount: $14,288
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 900
- Pays Trash: 2336
Disclosures and Reports
- Property ID: 16032260210000
Listed by Chicagoland Brokers, Inc.
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Schools
Schools serving 4158 W Potomac Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nobel Elementary School 4127 West Hirsch Street, Chicago, IL 60651 | K-8 | 0.1 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4158 W Potomac Ave
Date
Details
Price
Change
Source
7/10/2026
Listed
$979,000
68.79%
MLS
7/20/2018
Sold
$580,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4158 W Potomac Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,288
—
$79,600
18%
2023
$14,288
3%
$67,517
—
2022
$13,887
2%
$67,517
—
2021
$13,577
26%
$67,517
39%
2020
$10,807
11%
$48,514
—
2019
$9,747
2%
$48,514
—
2018
$9,583
-20%
$48,514
30%
2017
$11,982
60%
$37,399
—
2016
$7,491
9%
$37,399
—
2015
$6,853
-4%
$37,399
-2%
2014
$7,114
2%
$38,343
—
2013
$6,974
-15%
$38,343
-16%
2012
$8,232
—
$45,873
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4158 W Potomac Ave
4158 W Potomac Avenue, Chicago, IL 60651 (MLS# 12672227) is a Commercial property. 4158 W Potomac Avenue is currently listed for $979,000 and was received on July 10, 2026. Want to learn more about 4158 W Potomac Avenue? Do you have questions about finding other Commercial real estate for sale in Humboldt Park? You can browse all Humboldt Park real estate or contact a Coldwell Banker agent to request more information.

