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  • $350,000

    1065 W Polk St, Chicago, IL 60607

    6beds
    --sqft
    Multi Family
    Built in 1885
    -- sqft lot
    $638,700 Zestimate®
    $--/sqft
    $2,590 Estimated rent

    Home value

    $638,700

    $537,000 - $747,000

    $2,590/mo

    Zestimate® history
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    What's special

    We're proud to present the opportunity to redevelop the multifamily asset at 1065 W Polk Street in Chicago, IL. The property currently consists of three apartments. 1065 W Polk Street will effectively provide an opportunistic investor with the chance to develop or upgrade the existing property in one of Chicago's strongest neighborhoods. An investor's options would include renovating and revitalizing the existing units, or constructing a brand new development on the rarely available land under the current building. The property features three surface parking spots on 0.06 acres of land. The property sits on a quiet residential block less than one mile from Downtown Chicago. CTA Blue Line stops are two blocks away while I-290 access is just three blocks. The University Village/Little Italy neighborhoods are home to University of Illinois at Chicago (UIC), which continually spurs residential and commercial growth. Abundant walkable shopping, restaurant, and transit options make this property an extremely ideal option for residents. Long Time Owner. - 24 hour notice required for showing. No lockbox on site. Have to show during the afternoons, Monday - Friday. AS IS Sale. Good Tear Down Opportunity.

    Zillow last checked: 8 hours ago

    Listing updated: June 01, 2023 at 06:31am

    Listing courtesy of:

    Dominick Cannata 630-590-5910,

    Brookline Real Estate LLC

    Bought with:

    Jainish Joseph

    Hometown Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 11747393MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: None

    Property

    Lot
    • Size: 2,400 sqft
    • Dimensions: 24X100
    Details
    • Parcel number: 17174180180000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Sewer: Other
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/31/2023Sold$350,000-22.2%
    Source: MRED as distributed by MLS GRID #11747393 Report a problem
    5/17/2023Contingent$450,000
    Source: MRED as distributed by MLS GRID #11747393 Report a problem
    4/14/2023Listed for sale$450,000
    Source: MRED as distributed by MLS GRID #11747393 Report a problem
    4/9/2023Contingent$450,000
    Source: MRED as distributed by MLS GRID #11747393 Report a problem
    3/29/2023Listed for sale$450,000
    Source: MRED as distributed by MLS GRID #11747393 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$10,916 +2.6%$51,562
    2022$10,642 -7.5%$51,562 -9.5%
    2021$11,500 +22.5%$57,000 +35.7%

    Find assessor info on the county website

    Neighborhood: University Village - Little Italy

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value$638,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $638,700