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About the Listing 28570 - 270282
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 Highlights
Status
Active
Days on Site
37
Property Type
Multi-Family
MLS ®
12523295
Year Built
1917
Total Square Footage
0
Lot/Acreage
0.07
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances: Multiple Water Heaters
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Exterior Entry,Block,Walk-Up Access,Full,Walk-Out Access
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 3048
- Roof:
- Others: Breezeway
- Sewer: Public Sewer
- Parking Features: Alley Access,Yes,Owned
Financial Details
- Tax Amount: $5,041
- Taxes w/Assessments: N/A
- Tax/Property ID: 16133100380000
- Tax Year: 2024
Payment Calculator
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Questions About..
2914 W Polk St Chicago, IL 60612
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