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.
Closed
$475,000
4845 W Potomac Ave, Chicago, IL 60651
4beds
--sqft
Multi Family
Built in 1905
-- sqft lot
$475,100 Zestimate®
$--/sqft
$1,995 Estimated rent
Home value
$475,100
$432,000 - $523,000
$1,995/mo
Zestimate® history
Owner options
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$3,353/mo
Est. payment
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$3,353/mo
Est. payment
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List your homeWhat's special
Beautifully updated contemporary bathroomsTwo spacious unitsLaundry room hookupsGleaming quartz countertopsOversized lotNew windows throughoutNew siding
Zillow last checked:
Listing updated:
Listing courtesy of:
Brenda Martinez (773)677-4748,
RE/MAX Premier
Bought with:
Brenda Martinez
RE/MAX Premier
Source: MRED as distributed by MLS GRID,MLS#: 12567096
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Soaking Tub
Heating
- Natural Gas
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 3
- Parking features: Yes, Owned
Lot
- Size: 3,750 sqft
- Dimensions: 30x125
Details
- Parcel number: 16042210050000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1905
- Major remodel year: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Sold | $475,000+2.2% |
Source:  MRED as distributed by MLS GRID #12567096 Report a problem | ||
| 2/21/2026 | Contingent | $464,900 |
Source: MRED as distributed by MLS GRID #12567096 Report a problem | ||
| 2/12/2026 | Listed for sale | $464,900+389.4% |
Source: MRED as distributed by MLS GRID #12567096 Report a problem | ||
| 3/28/2025 | Sold | $95,000-36.7% |
Source: Public Record Report a problem | ||
| 9/14/2016 | Listing removed | $150,000 |
Source: RE/MAX LOYALTY #09326646 Report a problem | ||
| 8/31/2016 | Price change | $150,000-6.3% |
Source: RE/MAX LOYALTY #09326646 Report a problem | ||
| 8/26/2016 | Price change | $160,000+6.7% |
Source: RE/MAX LOYALTY #09326646 Report a problem | ||
| 6/23/2016 | Price change | $150,000-11.8% |
Source: Coldwell Banker Residential Brokerage - Gold Coast #09221817 Report a problem | ||
| 6/3/2016 | Price change | $170,000-5.6% |
Source: Coldwell Banker Residential Brokerage - Gold Coast #09221817 Report a problem | ||
| 5/23/2016 | Price change | $180,000-5.3% |
Source: Coldwell Banker Residential Brokerage - Gold Coast #09221817 Report a problem | ||
| 5/11/2016 | Listed for sale | $190,000 |
Source: Coldwell Banker Residential Brokerage - Gold Coast #09221817 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $23,001 +9.5% |
| 2023 | $3,731 +3.2% | $21,000 |
| 2022 | $3,616 +1.8% | $21,000 |
| 2021 | $3,553 +61% | $21,000 +61.4% |
| 2020 | $2,207 -3.3% | $13,008 -12% |
| 2019 | $2,281 +1.8% | $14,782 |
| 2018 | $2,241 -24.2% | $14,782 -13.6% |
| 2017 | $2,957 +1% | $17,111 |
| 2016 | $2,927 +10.3% | $17,111 |
| 2015 | $2,655 +13.8% | $17,111 +13% |
| 2014 | $2,333 +2.5% | $15,144 |
| 2013 | $2,276 -2.2% | $15,144 -12.2% |
| 2012 | $2,328 -12% | $17,253 -7.5% |
| 2011 | $2,646 +17.8% | $18,651 |
| 2010 | $2,246 +13.3% | $18,651 |
| 2009 | $1,983 -18.9% | $18,651 -21.5% |
| 2008 | $2,446 +17.8% | $23,766 |
| 2007 | $2,077 +13.3% | $23,766 |
| 2006 | $1,833 -5.1% | $23,766 +68.3% |
| 2005 | $1,933 +1.9% | $14,124 |
| 2004 | $1,897 +4.5% | $14,124 |
| 2003 | $1,816 -19.2% | $14,124 +12.9% |
| 2002 | $2,247 +23.8% | $12,507 |
| 2001 | $1,815 -1.1% | $12,507 |
| 2000 | $1,836 | $12,507 +30.9% |
| 1999 | -- | $9,555 |
Find assessor info on the county website
Neighborhood: North Austin
Nearby schools
GreatSchools rating
- 3/10Lewis Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Orr Academy High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Lewis Elementary School
- Middle: Lewis Elementary School
- 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.
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Estimated market value
$475,100
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Estimated market value
$475,100
- Illinois
- Cook County
- Chicago
- 60651
- North Austin
- 4845 W Potomac Ave
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