3128 W Polk Street Chicago, IL ^$ 339,000

3128 W Polk Street

^$ 339,000

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3128 W Polk Street

Chicago, IL, 60612

^$ 339,000

Bedrooms5 Baths2.0

Monthly Estimate*

^$ 2,253

3128 W Polk Street, Chicago, IL 60612 - Image 1

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Multi-Family Home for sale in Chicago, IL

for $339,000 with 5 bedrooms and 2 full baths. This home was built in 1905 on a lot size of 0.07.

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!

Multi-Family Pending

Price

^$ 339,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,063

Style

Lot Size

0.07

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12036518

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Roof Rubber

Exterior Features Storms/Screens

Zoning MULTI

Year Built 1905

Township West Chicago

Tax Year 2022

Percent Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 7

Status Pending

Directions W Douglas Dr to S Kedzie Ave head towards W Polk St to destination

High School Manley Career Academy High Schoo

City Chicago

High School District 299

MLS Area CHI - East Garfield Park

Waterfront Y/N N

Street Name Polk

Elementary School Jensen Elementary School Olastic

Tax Annual Amount 2063.63

Middle/Junior High School Jensen Elementary School Olastic

Virtual Tour https://dashboard.prestigelistingphotos.com/3128-W-Polk-St/idx

Days on Market 7

Standard Status Pending

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None Slab

Street Suffix Street

Total Bedrooms 5

Total Baths 2

Bedrooms Possible 5

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Lot Features Fenced Yard Rear of Lot Sidewalks Streetlights

Water Source Lake Michigan

Total Parking 0

Lot Dimensions 3049

Lot Size Acres 0.07

Exterior Brick

* Excluded Features

List By

Mpower Residential Brokerage Llc

Broker

karla@marketoverdrive.com; Karla@mpowerrealtors.com

Affordability Calculator

$2,425

Per Month

Monthly Principal & Interest: $2,253
Monthly Property Taxes: $172
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$641,158

Percent of Sale Price 89%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4115189 Elementary School

4115189 Middle School

Manley Career Academy High Schoo High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/24/2024	$339,000		Listed Price

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3128 W Polk Street, Chicago, IL, 60612 is a Multi-Family Home for sale at $339,000 with a lot size of 0.07. 3128 W Polk Street has 5 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 60612 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/29/2024.

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3128 W Polk Street

Multi-Family Home for sale in Chicago, IL

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