Active
1075 W Polk Street
Chicago IL, 60607
$1,150,000
Active
5 Beds
6 Baths
Multi-family
Courtesy of Compass
Rare Opportunity in Little Italy/UIC Neighborhood: First Time on Market in Over 50 Years! Welcome to this meticulously renovated, fully brick legal 4-unit building nestled in the heart of Little Italy/UIC neighborhood. This property, lovingly maintained since its original purchase over half a century ago, offers a unique investment opportunity with significant updates completed in 2016. Each of the 4 units has been tastefully renovated, featuring new mechanicals, flooring, kitchens, and bathrooms. Unit 1R stands vacant, presenting an ideal opportunity for an owner-occupied arrangement. The units include three 1-bedroom, 1-bathroom units and a spacious 2-bedroom, 2.5-bathroom duplex down (Unit 1F). Recent updates include a 9-year-old roof and freshly completed annual tuck pointing just two weeks ago. A professional management company currently manages the property on a flexible month-to-month contract. Additional highlights include two additional parking spaces, ensuring convenience for tenants. Perfectly situated for urban living, the location offers easy access to public transportation, retail shops, expressways, and parks. This property represents a turnkey investment opportunity with stable rental income and substantial recent improvements. Don't miss your chance to own this prime piece of real estate in one of Chicago's most vibrant neighborhoods. Schedule your showing today! At this time, we're only showing unit 1R and the basement. We can schedule a 2nd showing to tour the remaining units.
12118522
MLSⓇ ID
July 25, 2024
Listed
February 24, 2025
Updated
Interior Features
Bedrooms
5
Total Bathrooms
6
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Exterior Features
Cable Access
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
299
Other Property Details
Area Name
CHI - Near West Side
Taxes
$13,973
Tax Frequency
Annually
Days on Market
24
Garage
No
Parking
Off Street
Parking Total
2
View
No
County
Cook
Municipality
West Chicago
Water Source
Lake Michigan, Public
Pool
No
Zoning
MULTI
Courtesy of Compass, Benyamin Lalez,
Listing Contact: 773-466-7150
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Data last updated 4:35 PM UTC, 2/24/2025