1037 W Polk Street, Chicago, IL, 60607

Save
Ask
Hide
Share
$1,580,000

1037 W Polk Street
Chicago, IL 60607

Multi Family|Sold 08/18/2025
0
Beds
0
Total Baths
1885
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Essex 312, LLC
Call Now: 877 582 4399
Is this the listing for you? We can help make it yours.
877 582 4399
Save
Ask
Hide
Share

Centrally located in the Near West side at the heart of the UIC East Campus. Building generates cash flow for any level of investor and is being offered at 7.43 Cap Rate w GRM below 10. This property consists of six apartments with a diverse mix of layouts, including one 1-bedroom, two 2-bedroom, two 3-bedroom, and one 4-bedroom unit. Apartments feature hardwood floors, stainless steel or white kitchen appliances, laminate countertops, central HVAC, and in-unit laundry. Rear units enjoy access to outdoor decks. Recently renovated apartments offer a glimpse of the potential for modern upgrades throughout the building. Investors have the opportunity to significantly increase rental income by making few cosmetic updates if desired. Spacious laundry room in the rear units may present the potential to add a second full bathroom.

Save
Ask
Hide
Share
Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
N/A
Lot Size 
N/A
Year Built 
1885
MLS® Number 
12319625
Status 
Sold
Property Tax 
$22,865
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
General Features
Additional Property Use 
Multi-Family
Number Of Stories 
3
Property Sub Type 
Multi Family
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
Save
Ask
Hide
Share
Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - Near West Side
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Hide
Share