3046 W Polk Street

Chicago, IL 60612

About this property

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. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.

About this property

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. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$399,500 Active
0 sqft

Presented By Daniel and Associates Real Estate

Agent Image
Get in touch today! Phone: 1-630-231-8090
Brokerage
Compass
1-312-319-1168
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

CHI East Garfield Park | Cook County |

$ 399,500
This listing is play_arrow 71.5% higher than the average in the area
$ 232,999 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
15 days on site
This listing is play_arrow 98.6% below the average in the area
1,080 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Lance Lukose
Brokerage: Compass

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Daniel and Associates Real Estate

By submitting, you agree to receive promotional texts and/or calls from Daniel & Associates Real Estate at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains