$190,000

3512 W Polk Street, Chicago, IL 60624

  • 4 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Investor opportunity in the high-demand East Garfield Park neighborhood of Chicago's West Side with strong upside potential. This property is being offered as a lender-approved short sale with the price already established, creating a clear path for acquisition without prolonged negotiation. ARV in the immediate area supports values up to approximately $400,000, making this a compelling candidate for a full renovation and resale or long-term hold strategy. The property requires a complete gut rehab and is best suited for experienced investors, developers, or contractors prepared to execute a full scope renovation. Ideal for value-add strategies including fix-and-flip or portfolio expansion. East Garfield Park continues to experience ongoing redevelopment, increasing investor activity, and growing demand, supporting strong after-repair positioning. IMPORTANT: Property is occupied. DO NOT approach or disturb occupants under any circumstances. Showings will be coordinated through proper channels only. Proof of funds is required with all offers. No exceptions. Cash or strong financial backing only. Buyer responsible for all due diligence. Property is being sold AS-IS, WHERE-IS with no warranties or repairs provided by the seller. Room sizes and details are estimated and should be independently verified. Serious inquiries only. This is a strategic acquisition opportunity for investors who understand redevelopment potential and are prepared to move efficiently.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 7:20PM
Listing Office:
Elux Real Estate Corporation : 847-404-2890
Listing Agent:
Elizabeth Wright : 847-404-2890
MLS ID:
12606613
  • Basement: UnfinishedExterior EntryFullWalk-Out Access
  • Heating: Natural Gas
  • Parking: YesParking spaces: 2
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 16144080360000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Elizabeth Wright , Elux Real Estate Corporation

Monthly Payment

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

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Location

Schools Nearby

G

Gregory Math and Science Elementary Academy

3715 W Polk St, Chicago, IL, 60624

Grades PK-8

0.26 miles away

G

Gregory Math and Science Elementary Academy

3715 W Polk St, Chicago, IL, 60624

Grades PK-8

0.26 miles away

N

Noble St Charter-Drw Trading College Preparatory

931 S Homan Ave, Chicago, IL, 60624

Grades 9-12

0.24 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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