3046 W Polk Street, Chicago, IL

$399,500

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9

Beds

About 3046 W Polk Street

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 of 3046 W Polk Street

MLS® # 12741251
Price $399,500
Bedrooms 9
Bathrooms 0.00
Year Built 1913
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 3046 W Polk Street
Area CHI - East Garfield Park
City Chicago
County Cook
State IL
Zip Code 60612

Amenities

Parking Spaces 2
Parking Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass

Listing Map

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