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3046 W Polk Street Chicago, IL 60612

$499,000
New / MLS# 12653454 / Multi Unit - Multiple / Chicago
9 Beds
3 Baths

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.

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Baird & Warner Daniel Jackson Agent Cell: 773.697.5555 Email

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Estimated Payment

$ 1,770.35 per month $1,108.89 Principal & Interest $515.92 Property Tax $145.54 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas, Forced Air
Lot Size: 0.07 Acres
Taxes: $6,191
Year Built: 1913

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25X125
Other Equipment: TV-Dish, CO Detectors
Parcel#: 16133090290000
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 15
Township: West Chicago
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Compass

Listing Office Phone: 312-319-1168



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