3128 W Polk Street
Chicago, IL 60612

Status: Pending
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $339,000

About this home

Own a piece of the booming East Garfield Park neighborhood with this income-producing 2-flat! This spacious property boasts two units, each featuring 2-3 bedrooms and a dedicated kitchen and dining room, providing comfortable living spaces for your tenants. 2-3bed/1bath are estimated to rent for $1, 600/month with a market time of 31 (see MLS: 11774477). Ideal for investors seeking strong rental potential. The property's proximity to major medical centers, UIC, and Rush universities makes it highly attractive to students, medical professionals, and young families. This translates to consistent rental demand and minimal vacancy periods. This is your chance to acquire a well-maintained property in a desirable location with built-in income and future appreciation potential. Don't miss out - schedule a showing today!

Property details

Property / Lot Details
Acreage 0.07
Deconversion N
Lot Dimensions 3049
Lot Description Fenced Yard, Rear of Lot, Sidewalks, Streetlights
Lot Size Source County Records
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Additional Media Type 1 3D Tour
Additional Media Type 2 Video
Additional Media URL 1 External link
Additional Media URL 2 External link
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1905
Exterior Building Type Brick
Exterior Property Features Storms/Screens
Parking None
Roof Type Rubber
Virtual Tour (Unbranded) External link
MRD Virtual Tour None
Virtual Tour Date 04/24/2024 9:47 pm
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - East Garfield Park
Zoning Type MULTI
Corporate Limits Chicago
Directions W Douglas Dr to S Kedzie Ave, head towards W Polk St to destination
Elementary School Jensen Elementary School Olastic
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Manley Career Academy High Schoo
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle School Jensen Elementary School Olastic
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Slab
Basement Bathrooms No
Basement None
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 7
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Rooms Total 3
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 2

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16133080350000
Special Assessments N
Taxes $2,064
Tax Exemptions None
Tax Year 2022
$339,000 Listing Price:
MLS # 12036518
Investment Profile Residential Income
Listing Market Time 20 days
Basement None
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 04/24/2024
Year Built 1905
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