3046 W Polk ST, Chicago, IL 60612
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3046 W Polk ST, Chicago, IL 60612
3046 W Polk ST, Chicago, IL 60612
3046 W Polk ST, Chicago, IL 60612
3046 W Polk ST, Chicago, IL 60612
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$ 499,000
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3046 W Polk ST Chicago, IL 60612

9 Beds

3 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12653454

Bedrooms 9

Year Built 1913

Annual Tax Amount $6,191

Tax Year 2024

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - East Garfield Park

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Equipment TV-Dish, CO Detectors

Fireplace N

Exterior

Community Features Curbs, Sidewalks

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Lance Lukose of  Compass 
Donald (Don) Beard

Donald (Don) Beard

Broker | License ID: 475142936

+1(773) 569-0889

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3046 W Polk ST