3046 W Polk St

Chicago, IL 60612
  • $449,500

    Price
  • 9

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 87291 - 894140

Exceptional opportunity for both owner-occupants and investors to acquire a solid brick 3-flat in the rapidly evolving East Garfield Park/Illinois Medical District corridor. The property consists of three spacious 3-bedroom, 1-bathroom units with separately metered utilities, allowing tenants to have their own gas and electric. Property to be sold occupied. Each unit includes a stove and refrigerator, while the unfinished basement offers additional potential and flexibility for a future owner. Whether you're looking to owner-occupy or add a strong multi-unit asset to your portfolio, this property offers a variety of possibilities and long-term upside. Ideally located just minutes from I-290, CTA public transportation, the United Center, the University of Illinois Chicago, and the Illinois Medical District (IMD), one of the largest urban medical districts in the United States. The area continues to benefit from ongoing investment, redevelopment, healthcare expansion, and economic growth. 3046 W Polk presents an excellent opportunity to acquire a well-maintained multi-unit property in one of Chicago's most rapidly developing neighborhoods. Property to be sold occupied. Seller will not provide notice to vacate. Buyer to honor existing tenancies. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.

Listing Highlights

Status Active
Days on Site 20
Property Type Multi-Family
MLS ® 12689667
Year Built 1913
Total Square Footage 0
Lot/Acreage 25X125
County Cook
School District 299

Interior Details

  • Bedrooms: 9
  • Bathrooms: 3 Full
  • Appliances: TV-Dish,CO Detectors
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • 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: 25X125
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Owned

Financial Details

  • Tax Amount: $6,192
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16133090290000
  • Tax Year: 2024

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Questions About..

3046 W Polk St Chicago, IL 60612

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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