1073 West Polk Street Chicago, IL 60607

$350,000
1
Beds
0.06
Acres
$350,000
1
Beds
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sold - 06/30/2023
1/13
Street View

Presenting the opportunity to redevelop the multifamily asset at 1073 W Polk Street in Chicago, IL. The property currently consists of two apartments. 1073 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. - 24 hour notice required for showing. No lockbox on site. Have to show during the afternoons, Monday - Friday. SOLD AS IS!!

Presenting the opportunity to redevelop the multifamily asset at 1073 W Polk Street in Chicago, IL. The property currently consists of two apartments. 1073 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. - 24 hour notice required for showing. No lockbox on site. Have to show during the afternoons, Monday - Friday. SOLD AS IS!!

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - Near West Side
  • Tax Amount
    $10,087
  • Status
    Sold
  • Listing #
    11736986
  • Built
    1885
  • Lot Size
    0.06
  • Listed on site
    350 days
  • Sold Price
    350000

Listed by:
Brookline Real Estate LLC

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Brookline Real Estate LLC.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Heat Gas

Property History

DateDays AgoEventNew Price
Jul 3, 20238 mos agoPrice decreased100,000 (22%)$350,000
Mar 28, 202311 mos agoPrice decreased70,000 (13%)$450,000
Mar 14, 202312 mos agoNew on market$520,000
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