Closed

$700,000

1114 Polk Street, Chicago, IL 60607
0 Beds0 Baths23 days
1114 Polk Street·Chicago, IL 60607
0Bedrooms
0Bathrooms
1893Year Built
About This Home

ESTATE SALE. Rare opportunity to acquire a solid multi-unit property in the heart of Little Italy / University Village, one of Chicago's most desirable and supply-constrained rental markets. Located just minutes from UIC, the Medical District, downtown, and major transportation corridors, this area continues to benefit from strong rental demand, long-term appreciation, and ongoing neighborhood investment. The building offers great bones and an excellent value-add profile. Units 1 and 2 require full rehabs, presenting a clear upside for an investor or owner-occupant looking to reposition the asset and maximize rents. Unit 3 is in relatively good condition, allowing for immediate use or income while renovations are completed. Ideal for investors seeking a renovation project in a premier location or buyers looking to create long-term value in one of Chicago's most resilient rental submarkets. Seller and estate attorney have limited knowledge of the property. Information regarding unit layouts, room counts, square footage, rents, leases, utilities, and building systems has not been verified. MLS data includes required placeholders where applicable. Buyer to independently verify all information, including unit configuration, zoning, and condition. Property being sold as-is. No survey provided. Call/Text for showings. Showing will start next week.

MLS# 12536515Listed December 23, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms0
Total Bathrooms0
Total Rooms0

Size & Structure

Year Built1893
Lot Size25x100

Location

CountyCook
TownshipWest Chicago
Zip Code60607

Financial

List Price$700,000
Annual Taxes (2023)$14,791
Monthly Tax Est.$1,233
Parcel #17174100220000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Yes
Tax & Financial
Annual Taxes
$14,791
Tax Year 2023
Monthly Tax Est.
$1,233
per month
Property Location

1114 Polk Street, Chicago, IL 60607 — Cook County

$700,000
1114 Polk Street
0 bd0 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
23 days on market
25x100
$14,791/yr taxes
$4,911
estimated monthly payment
Principal & Interest
$3,679/mo
Property Tax
$1,233/mo
$700,000
20% — $140,000
3%50%
6.875%
3%12%
Loan Amount
$560,000
Down Payment
$140,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Brookline Real Estate LLC
Agent: William Lundy
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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