2123 W. Potomac, Chicago

Residential Development

Chicago, Illinois

Gateway Investment Partners (“GIP”) is the Sponsor of a unique investment opportunity.  Gateway Potomac LLC has purchasde the two-story plus basement house at 2123 W Potomac Ave for $515,000 on December 9. This property, located in the Wicker Park Landmark District, presents an opportunity to develop a high-end single family home in a highly sought after Chicago neighborhood.  The property is currently a 3000 square foot two-story building plus a basement.  Based on current RT-4 zoning, the property is permitted to exceed 4200 SF for the entire building, including the basement, and will allow for a significant addition on the back.

2123 W. Potomac, Chicago