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2716 W Polk Street

Chicago, IL 60612
  • $700,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 12263311
UPDATED: 39 min ago
$700,000
  • 9
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2005
County:
Area:

School Ratings & Info

School District:
299

Description

Investor's dream in the heart of the city! This all-brick 3-flat is a prime opportunity with incredible income potential. Each spacious unit boasts 3 bedrooms and 2 baths, updated interiors, laundry in-unit, and great long-term tenants in place for unit 2 & 3. Rents are currently below market, offering room for increased profitability. The first and second floors feature soaring 9-ft ceilings, while the third floor impresses with cathedral ceilings and skylights for abundant natural light. Enjoy the convenience of outdoor terraces for each unit, perfect for relaxation or entertaining. The property includes a 3-car brick garage and a wrought iron fence surrounding the premises, adding security and curb appeal. Recent updates include a new front exterior staircase. This property has been well-maintained, professionally managed, and offers the flexibility to move into one unit while renting the other two. Located near the Medical District, Tri-Taylor, and all the amenities the area has to offer, this is an ideal location for tenants. Don't miss out on this rare investment opportunity - schedule your showing today!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-19T09:00:41.773 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2716 W Polk Street Chicago, IL 60612

  • Price: $700,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 39 min ago
  • MLS #: 12263311
9
Beds
0
Baths
0
½ Baths
N/A
Acres
2005
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
Property Description
Investor's dream in the heart of the city! This all-brick 3-flat is a prime opportunity with incredible income potential. Each spacious unit boasts 3 bedrooms and 2 baths, updated interiors, laundry in-unit, and great long-term tenants in place for unit 2 & 3. Rents are currently below market, offering room for increased profitability. The first and second floors feature soaring 9-ft ceilings, while the third floor impresses with cathedral ceilings and skylights for abundant natural light. Enjoy the convenience of outdoor terraces for each unit, perfect for relaxation or entertaining. The property includes a 3-car brick garage and a wrought iron fence surrounding the premises, adding security and curb appeal. Recent updates include a new front exterior staircase. This property has been well-maintained, professionally managed, and offers the flexibility to move into one unit while renting the other two. Located near the Medical District, Tri-Taylor, and all the amenities the area has to offer, this is an ideal location for tenants. Don't miss out on this rare investment opportunity - schedule your showing today!
Exterior Features

Exterior Building Type BrickGlassStone Garage Onsite Yes Garage Type Attached Lot Size Less Than .25 Acre Multi Family Type 3 Flat Parking Details Garage Parking Total 3 Waterfront YN No

Interior Features

Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 9 Full Baths In Building 6 Half Baths In Building 0 Heating Natural GasForced Air Rooms Total 18

Property Features

Additional Parcels YN No Age 16-20 Years Built Before1978 YN No Corporate Limits Chicago General Information School Bus ServiceCommuter TrainInterstate Access Gross Income 0 Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 11220.64 Tax Year 2023 Total Numberof Unitsin Building 3 Total Rental Income 57360 Township South Chicago Type Two to Four Units Water Source Lake Michigan Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Infinity: 630-778-5800.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-19T09:00:41.773 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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