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About the Listing 24880 - 269872
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 Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
12536515
Year Built
1893
Total Square Footage
0
Lot/Acreage
25x100
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 25x100
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes
Financial Details
- Tax Amount: $14,791
- Taxes w/Assessments: N/A
- Tax/Property ID: 17174100220000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Questions About..
1114 W Polk St Chicago, IL 60607
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