$458,000

2914 W Polk Street, Chicago, IL 60612

  • 5 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1917
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Step right up into this fully renovated LEGAL 2 FLAT gem in the heart of the rapidly appreciating near-West side! Every detail has been modernized. This classic 1919 two-unit brick building offers a compelling investment or owner-occupant opportunity in the 60612 ZIP code. 3 bed / 1 bath rental comps at $1900-$2000/month. 2 bed / 1 bath rental comps at $1600-1700. Conservative estimated rental income is $3,500 (not including parking spaces). | Estimated Annual Rental Income: $42,000. Two spacious units - each boasting formal living and dining rooms, giving owners or tenants generous scale and upgraded character. Interior finishes include refinished hardwood floors, new vinyl windows, and new light fixtures. Both units showcase brand-new kitchens with modern cabinetry and quartz counter-tops, paired with newly-upgraded bathrooms with a huge walk in shower. Systems are fully upgraded: new separate furnaces and AC units, updated plumbing and electrical throughout. Full basement with concrete slab offers excellent opportunity to add additional rooms/garden unit or use for storage or utility space. Two exterior and dedicated parking spaces add value and convenience. Exceptional location: Just minutes from downtown Chicago, steps from I-290/90 for quick access, and in close proximity to major activity hubs including University of Illinois at Chicago (UIC), Rush University and the heart of the Medical District. Square footage by unit is estimated - buyer to confirm actual measurements. MOTIVATED SELLER - make this turn-key 2 flat yours!

Listing Status:
Active
Listing Office:
HomeSmart Connect LLC : 847-495-5000
Listing Agent:
Amy Gillham : 312-802-9257
MLS ID:
12523295
  • Basement: Partially FinishedExterior EntryBlockWalk-Up AccessFullWalk-Out Access
  • Heating: Natural GasForced Air
  • General: Breezeway
  • Style: Brownstone
  • Parking: Alley AccessYesOwnedParking spaces: 2
  • General: BrownstoneConcrete Perimeter
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 16133100380000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Amy Gillham, HomeSmart Connect LLC

Monthly Payment

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

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Location

Schools Nearby

K

Kellman Corporate Community Elementary School

3030 W Arthington St, Chicago, IL, 60612

Grades PK-8

0.17 miles away

K

Kellman Corporate Community Elementary School

3030 W Arthington St, Chicago, IL, 60612

Grades PK-8

0.17 miles away

M

Manley Career Academy High School

2935 W Polk St, Chicago, IL, 60612

Grades 9-12

0.05 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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