124 W Polk Street 107, Chicago, IL 60605

$245,000 Asking Price

1 bed
1 bath
1,548  sqft
Built in 1910

Welcome to this hidden gem tucked within a converted warehouse loft space-an authentic diamond in the rough awaiting transformation. This property is brimming with potential and promises to be a captivating canvas for its next owner's vision. Step inside this sunlit duplex down unit offering a secluded escape from the outside world. The space greets you with original warm wood floors, complemented by weathered exposed brick walls and expansive windows that flood the area with natural light.The main level layout features a bedroom, bathroom, functional kitchen, and a spacious living/dining area. While currently retaining its vintage charm, this level eagerly anticipates modern updates and personal touches to restore its former glory. Note there is a laundry hookup in the pantry closed, but never used.Descend to the lower level-an open expanse with soaring 12-foot ceilings-a blank canvas bursting with potential. Imagine the possibilities: transform this space into a breathtaking home theater, a serene yoga retreat, additional bedrooms, or perhaps a vibrant home dance studio-limited only by your imagination. Other condos in this building that have finished this lower level have sold for substantially higher than our current offering.Ideally situated just minutes from public transit and within walking distance to Printers Row and essential amenities, this property invites you to reimagine loft living. Also as the neighborhood continues to develop you find the river walk has just opened at the end of the street. With a discerning eye and creative spirit, seize the opportunity to breathe new life into this timeworn space. Unlock its hidden potential, reawaken its soul, and craft a one-of-a-kind urban haven that reflects your unique style and aspirations. Embrace the challenge of transforming this vintage treasure into a modern masterpiece-a testament to the limitless possibilities that await within these storied walls. Venture up to the rooftop deck, offering glimpses of the city skyline-a serene oasis waiting to be revitalized into a captivating outdoor sanctuary, perfect for relaxation and entertainment.


Features & Amenities

Interior

Rooms:
Foyer, Recreation Room
Appliances:
Range, Microwave, Refrigerator
Dining:
Combined w/ LivRm
Laundry:
In Unit, Common Area, Laundry Closet
Basement:
None
A/C:
Central Air
Heating:
Electric
Disability Feature:
None

Exterior

General:
Brick, Roof Deck, Storage
Parking:
Parking spaces: 0

Construction

General:
Condo-Loft

Location

HOA Amenities:
Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, Sundeck, Security Door Lock(s), Laundry, Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal, 750.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
17164040341064

Utilities

Water:
Lake Michigan,Public
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo
Buyers Agent Compensation:
2.5%-$495

This listing courtesy of:
Keller Williams ONEChicago, Joe Green

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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