$1,700,000

1041 W Polk Street, Chicago, IL 60607

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

ESTATE SALE... Very rare assemblage opportunity consisting of three (3) adjacent parcels located at 1041, 1043, and 1045 W Polk St in the highly sought-after Little Italy / University Village area of Chicago. This offering presents an incredible development opportunity in one of the city's most dynamic and supply-constrained submarkets. The property is ideally positioned just west of the Loop with immediate access to Downtown Chicago, I-290, CTA, and major arterial roads, and is surrounded by a strong mix of institutional, residential, medical, and retail uses. The area benefits from close proximity to UIC, Rush Medical District, and the rapidly expanding West Loop, driving sustained demand for new residential and mixed-use development. University Village and Little Italy continue to experience strong population growth, rental demand, and investor interest, supported by limited available land, ongoing neighborhood investment, and excellent connectivity to employment centers. This assemblage offers a rare chance to control multiple contiguous parcels in a premier infill location with long-term upside. Ideal for developers, investors, or owner-users seeking a strategic position in one of Chicago's most desirable urban neighborhoods.

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 7:18AM
Listing Office:
Brookline Real Estate LLC : 630-590-5910
Listing Agent:
William Lundy : 708-921-7952
MLS ID:
12535822
  • Parking: Parking spaces: 0
  • Road/Access: Asphalt
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 17174200040000
  • Utilities: Electric to SiteNatural Gas Available
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of William Lundy , Brookline Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Galileo Elementary Math & Science Schol Acd

820 S Carpenter St, Chicago, IL, 60607

Grades KG-8

0.05 miles away

G

Galileo Elementary Math & Science Schol Acd

820 S Carpenter St, Chicago, IL, 60607

Grades KG-8

0.05 miles away

C

Crane Technical Preparatory High School

, Chicago, IL, 60607

Grades 12-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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