3046 Polk Street, East Garfield Park, Chicago, Illinois 60612
$499,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 1913 |
| Property Taxes: | $6,192 |
| Days On Market: | 11 |
| Lot Size: | 0,00 |
Description
Exceptional opportunity for both owner-occupants and investors to acquire a solid brick 3-flat in the rapidly evolving East Garfield Park/Illinois Medical District corridor. The property consists of three spacious 3-bedroom, 1-bathroom units with separately metered utilities, allowing tenants to have their own gas and electric. Property to be sold occupied. Each unit includes a stove and refrigerator, while the unfinished basement offers additional potential and flexibility for a future owner. Whether you're looking to owner-occupy or add a strong multi-unit asset to your portfolio, this property offers a variety of possibilities and long-term upside. Ideally located just minutes from I-290, CTA public transportation, the United Center, the University of Illinois Chicago, and the Illinois Medical District (IMD), one of the largest urban medical districts in the United States. The area continues to benefit from ongoing investment, redevelopment, healthcare expansion, and economic growth. 3046 W Polk presents an excellent opportunity to acquire a well-maintained multi-unit property in one of Chicago's most rapidly developing neighborhoods. Property to be sold occupied. Seller will not provide notice to vacate. Buyer to honor existing tenancies. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1913 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12653454 | |
| 16133090290000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 15 Mar, 2008 | Sold | $110,000 | MRED MLS |
| 11 Mar, 2008 | Under contract | $110,000 | MRED MLS |
| — | Last price change | $142,500 | MRED MLS |
| 15 Jan, 2008 | Listed for sale | $142,500 | MRED MLS |
| 1 Oct, 2009 | Sold | $24,500 | MRED MLS |
| 29 Jul, 2009 | Under contract | $35,000 | MRED MLS |
| — | Last price change | $45,000 | MRED MLS |
| 13 May, 2009 | Listed for sale | $45,000 | MRED MLS |
| 18 Apr, 2023 | Sold | $330,000 | MRED MLS |
| 16 Feb, 2023 | Under contract | $337,500 | MRED MLS |
| 7 Nov, 2022 | Listed for sale | $337,500 | MRED MLS |
| 2 Jun, 2026 | Listed for sale | $499,000 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| — | |
| — | |
| — | |
| — | |
| — | |
| 25X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2008 | $3,033 |
| 2009 | $2,500 |
| 2023 | $4,183 |
| 2026 | $6,192 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
Compass
