Active

$458,000

2914 Polk

Chicago, IL 60612

5
Bedrooms
2
Bathrooms
Sq Ft
1917
Year Built

About This Property

Step right up into this fully renovated LEGAL 2 FLAT gem in the heart of the rapidly appreciating near-West side! Every detail has been modernized. This classic 1919 two-unit brick building offers a compelling investment or owner-occupant opportunity in the 60612 ZIP code. 3 bed / 1 bath rental comps at $1900-$2000/month. 2 bed / 1 bath rental comps at $1600-1700. Conservative estimated rental income is $3,500 (not including parking spaces). | Estimated Annual Rental Income: $42,000. Two spacious units - each boasting formal living and dining rooms, giving owners or tenants generous scale and upgraded character. Interior finishes include refinished hardwood floors, new vinyl windows, and new light fixtures. Both units showcase brand-new kitchens with modern cabinetry and quartz counter-tops, paired with newly-upgraded bathrooms with a huge walk in shower. Systems are fully upgraded: new separate furnaces and AC units, updated plumbing and electrical throughout. Full basement with concrete slab offers excellent opportunity to add additional rooms/garden unit or use for storage or utility space. Two exterior and dedicated parking spaces add value and convenience. Exceptional location: Just minutes from downtown Chicago, steps from I-290/90 for quick access, and in close proximity to major activity hubs including University of Illinois at Chicago (UIC), Rush University and the heart of the Medical District. Square footage by unit is estimated - buyer to confirm actual measurements. MOTIVATED SELLER - make this turn-key 2 flat yours!

MLS# MRD12523295Listed 11/24/2025Residential Income

Property Details

Interior Features

Stories
Cooling
HeatingNatural GasForced Air
Garage SpacesAlley AccessYesOwned

Location & Exterior

CountyCook
Subdivision
Lot Size

School Information

Elementary
Middle School
High School

Property Location

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Property Summary

Price
$458,000
Location
Chicago, IL
Property Type
Residential Income

Listing Courtesy of MRED as distributed by MLS Grid
@properties Christie's International Real Estate