Active

Price cut: $15K (6/16)

$470,000

4015 W Potomac Ave, Chicago, IL 60651

6beds

--sqft

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Multi Family

Built in 1921

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Here's your opportunity to own this solid 2unit Brick building with 3 brms on each level.This property has loads of potential. Although bsmt is unfinished, with front entry and rear exit it's ideal for a 1 or 2 bdrm unit with the potential to bring in additional income. Priced right to sell, based on comparable you'll agree this is a "Great Buy." Seller is motivated and will entertain any and all reasonable offers.

70 days

228

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Electric

Features

Basement: Unfinished,Full

Property

Parking

Total spaces: 2
Parking features: Yes, Detached, Garage
Garage spaces: 2

Lot

Size: 3,750 Square Feet

Details

Parcel number: 16032310150000
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

New construction: No
Year built: 1921

Utilities & green energy

Sewer: Public Sewer
Water: Lake Michigan

Community & HOA

Location

Region: Chicago

Financial & listing details

Tax assessed value: $370,000
Annual tax amount: $2,104
Date on market: 5/5/2026
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/16/2026	Price change	$470,000-3.1%
Source: MRED as distributed by MLS GRID #12638144 Report a problem
5/19/2026	Price change	$485,000-1%
Source: MRED as distributed by MLS GRID #12638144 Report a problem
5/5/2026	Listed for sale	$490,000
Source: MRED as distributed by MLS GRID #12638144 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$37,000 +37%
2023	$2,104 -0.3%	$26,999
2022	$2,110 +5%	$26,999
2021	$2,008 -3.1%	$26,999 +37.2%
2020	$2,072 +0.3%	$19,681 -14%
2019	$2,066 +1.5%	$22,885
2018	$2,035 -6.6%	$22,885 +33.7%
2017	$2,179 -25.6%	$17,119
2016	$2,929 +10.3%	$17,119
2015	$2,656 -10.8%	$17,119 -8%
2014	$2,977 +2.4%	$18,614
2013	$2,907 +0.5%	$18,614
2012	$2,892 -19%	$18,614 -28.6%
2011	$3,569 +3.4%	$26,065
2010	$3,452 +10%	$26,065
2009	$3,139 -14.5%	$26,065 -19.4%
2008	$3,674 +11.6%	$32,323
2007	$3,292 +30.7%	$32,323
2006	$2,519 +14.6%	$32,323 +55.6%
2005	$2,198 +2.2%	$20,770
2004	$2,149 +4.5%	$20,770
2003	$2,058 -17.8%	$20,770 +49.1%
2002	$2,503 +3.7%	$13,931
2001	$2,412 +9%	$13,931
2000	$2,214 -0.7%	$13,931 +20.9%
1999	$2,229	$11,525

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: West Humboldt Park

Getting around

83 / 100

Very Walkable

63 / 100

Good Transit

66 / 100

Bikeable

Nearby schools

GreatSchools rating

3/10
Nobel Elementary School
Grades: PK-8Distance: 0.2 mi
1/10
Orr Academy High School
Grades: 9-12Distance: 0.7 mi

Schools provided by the listing agent

High: Orr Community Academy High Schoo
District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.