About This Home

This 5-bedroom, 3-bathroom residential multi family at 3244 W Potomac Avenue in Chicago, IL is listed for $1,199,000. Built in 1909, on a N/A lot.

Key Features

  • Built in 1909
  • 3 parking spaces

Property Details

3 full
3-car garage
1909
Listing Description

Stunning Chicago jumbo 2 flat greystone just steps from Humboldt Park! Set on an oversized lot, this impressive greystone is exceptionally wide itself, taking advantage of the additional lot width and creating unusually spacious, open residences throughout.

This truly special property offers an exceptional combination of classic character, generous living space, and thoughtful amenities. The spacious former owner's unit features beautiful hardwood floors throughout, an extra-wide open floor plan, an oversized bathroom, and the convenience of in-unit laundry.

With its impressive greystone facade, oversized lot, exceptionally wide and spacious apartments, and prime location, this property offers a rare combination of character, scale, and location. The width of the units creates for expansive living and dining spaces with an open, feel that sets these apartments apart.

An outstanding opportunity for an owner-occupant or investor seeking a distinctive multi-unit property in one of Chicago's most vibrant neighborhoods. Also ideal for someone looking to convert into a spectacular single family residence. Outside, a beautifully manicured lawn adds rare green space and wonderful curb appeal.

The property also offers a common laundry room in the basement, three dedicated tenant storage areas, and a three-car garage. A truly special property that must be seen to fully appreciate its exceptional size, and character. Rent increases have been provided to tenants, with new rents scheduled to be in effect January 2027.

New monthly rents: Unit 1 - $2,600; Unit 2 - $2,700; Garden Unit - $1,800, for total scheduled rental income of $7,100/month or $85,200 annually. Each apartment gets one designated garage spot included. Property also generates approximately $1,600/year in coin laundry income, bringing total projected annual income to approximately $86,800.

**Second-floor dining room light fixture and bedroom fixture is owned by the tenant and is excluded from the sale. Seller and listing broker make no representation as to the legality of the basement apartment.

Monthly Cost Estimate

$6,413/mo

20% down · 6.5% · 30 years

Principal$867
Interest$5,196
Insurance$350

Estimates only. Actual payments may vary.

Location

3244 W Potomac Avenue

Chicago, IL 60651

Features & Amenities

Exterior Features

Balcony

Property Details

Construction

Stone

Outdoor Features

Deck

Parking

GarageOpen

Heating

Forced Air

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 3244 W Potomac Avenue is listed at $1,199,000. The estimated monthly payment is $6,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1909, 3 parking spaces. Exterior Features: Balcony.

This property is listed by Sylvia Magallanes.

SM

Sylvia Magallanes

Agent at Kale Realty

Listed by Kale Realty · Broker phone: (312) 939-5253 · View on Broker Site · Broker website

MLS# 12773705· Source: Midwest Real Estate Data, LLC· 27 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3244 W Potomac Avenue, Chicago, IL 60651

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