$700,000

1114 W Polk Street, Chicago, IL 60607

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1893
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

ESTATE SALE. Rare opportunity to acquire a solid multi-unit property in the heart of Little Italy / University Village, one of Chicago's most desirable and supply-constrained rental markets. Located just minutes from UIC, the Medical District, downtown, and major transportation corridors, this area continues to benefit from strong rental demand, long-term appreciation, and ongoing neighborhood investment. The building offers great bones and an excellent value-add profile. Units 1 and 2 require full rehabs, presenting a clear upside for an investor or owner-occupant looking to reposition the asset and maximize rents. Unit 3 is in relatively good condition, allowing for immediate use or income while renovations are completed. Ideal for investors seeking a renovation project in a premier location or buyers looking to create long-term value in one of Chicago's most resilient rental submarkets. Seller and estate attorney have limited knowledge of the property. Information regarding unit layouts, room counts, square footage, rents, leases, utilities, and building systems has not been verified. MLS data includes required placeholders where applicable. Buyer to independently verify all information, including unit configuration, zoning, and condition. Property being sold as-is. No survey provided.

Listing Status:
Active
Listing Office:
Brookline Real Estate LLC : 630-590-5910
Listing Agent:
William Lundy : 708-921-7952
MLS ID:
12536515
  • Basement: UnfinishedFull
  • Heating: Natural Gas
  • Parking: YesParking spaces: 2
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 17174100220000
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • 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

0.08 miles away

G

Galileo Elementary Math & Science Schol Acd

820 S Carpenter St, Chicago, IL, 60607

Grades KG-8

0.08 miles away

C

Crane Technical Preparatory High School

, Chicago, IL, 60607

Grades 12-12

0.56 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.