1114 W Polk Street, Chicago, IL 60607

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1114 W Polk Street,Chicago, IL 60607
$700,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: william lundy
Office: brookline real estate llc.
MLS#:12536515
Source:MLSNI

Price summary

  • Price:$700,000

About this home

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

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Home facts

  • Year built:1893
  • Listing ID #:12536515
  • Added:7 day(s) ago
  • Updated:December 31, 2025 at 11:49 AM

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1893

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$700,000
  • Tax amount:$14,791 (2023)
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