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$464,900 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 4 Total Beds
  • Updated 4 days ago
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More affordable than renting! Don't miss this incredible opportunity to live in one unit and rent out the other. Completely remodeled with permits, giving you peace of mind! This solid 2-unit building with unfinished basement features two spacious units, each offering an open-concept living and dining area, 2 bedrooms, and 1 full bathroom. All major components have been updated, including new siding, electrical, HVAC systems, roof, and plumbing. Each unit showcases a modern kitchen with new stainless steel appliances, and gleaming quartz countertops, beautifully updated contemporary bathrooms, laundry room hookups, refinished hardwood floors, and new windows throughout. Situated on an oversized lot, the property includes a parking pad for up to three cars and is fully gated for added security. Low property taxes make this an even more attractive investment opportunity or ideal owner-occupied property. Located in booming North Austin, the property offers easy access to public transportation and major highways (I-290 & I-90). Close to schools, parks, shopping, restaurants, and everyday conveniences. A strong rental market with steady demand makes this a smart investment in a growing community.

Full Property Details for 4845 W Potomac Ave

General

  • Price: $464,900
  • Taxes: $3,959 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12567096
  • Updated: 4/1/2026
  • Added to Site: 53 day(s) ago

Interior

  • Basement: Partially

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2
  • Bathroom Features: Soaking Tub

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Other Features: Commuter Bus, Commuter Train, Interstate Access

Parking

  • Total Spaces: 3
  • Parking Features: Yes, Owned

Location

  • Area: CHI - Austin
  • County: Cook
  • Township: West Chicago
  • Driving Directions: Heading north on Cicero past North Ave. Right turn on Potomac Ave, property will be on the right hand side

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Lewis Elementary School
  • Middle School: Lewis Elementary School
  • High School: Orr Community Academy High Schoo
  • Private School: Orr Community Academy High Schoo

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Year Built: 1905
  • Built Before 1978: Yes
  • Remodeled/Updated: 2026

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 30 x 125

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1905
  • Tax Amount: $3,959.26
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16042210050000

Listed by RE/MAX Premier

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Listing agent

— 4845 W Potomac Ave —

  • RE/MAX Premier

(773) 677-4748

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4845 W Potomac Ave

School District:Chicago Public School District 299
NameGradesDistance
Lewis Elementary School
1431 North Leamington Avenue, Chicago, IL 60651
PK-80.4 mi
Orr Academy High School
730 North Pulaski Road, Chicago, IL 60624
9-121.3 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 4845 W Potomac Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2026
Listed
$464,900
389.37%
MLS
3/14/2025
Sold
$95,000
—
Public Record
Get Price Alerts and Save Property
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 for 4845 W Potomac Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,731
3%
$21,000
—
2022
$3,616
2%
$21,000
—
2021
$3,553
61%
$21,000
61%
2020
$2,207
-3%
$13,008
-12%
2019
$2,281
2%
$14,782
—
2018
$2,241
-24%
$14,782
-14%
2017
$2,957
1%
$17,111
—
2016
$2,927
10%
$17,111
—
2015
$2,655
14%
$17,111
13%
2014
$2,333
3%
$15,144
—
2013
$2,276
-2%
$15,144
-12%
2012
$2,328
—
$17,253
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4845 W Potomac Avenue, Chicago, IL 60651 (MLS# 12567096) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 4845 W Potomac Avenue is currently listed for $464,900 and was received on February 12, 2026. Want to learn more about 4845 W Potomac Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

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