Closed
$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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Owner options
Explore your selling options
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#: 11747393
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
| Date | Event | Price |
|---|---|---|
| 5/31/2023 | Sold | $350,000-22.2% |
Source: | ||
| 5/17/2023 | Contingent | $450,000 |
Source: | ||
| 4/14/2023 | Listed for sale | $450,000 |
Source: | ||
| 4/9/2023 | Contingent | $450,000 |
Source: | ||
| 3/29/2023 | Listed for sale | $450,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 3/10Smyth J Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 2.1 mi
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.
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
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

