1037 W Polk Street, Chicago, IL, 60607

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$1,589,000
8 Days On Site

1037 W Polk Street
Chicago, IL 60607

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1885
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Essex 312, LLC
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1037 W Polk Street1037 W Polk Street1037 W Polk Street1037 W Polk Street
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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.

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Listing Snapshot
Price 
$1,589,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1885
MLS® Number 
12319625
Status 
Active
Property Tax 
$22,865
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
21 hours agoListing updated with changes from the MLS®
3 days agoStatus changed to Active
a week agoListing first seen on site
General Features
Additional Property Use 
Multi-Family
Number Of Stories 
3
Property Sub Type 
Multi Family
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - Near West Side
Listing Courtesy of MRED as distributed by MLS Grid of Essex 312, LLC



Based on information submitted to the MLS GRID as of 2025-04-02 12:17 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2025-04-02 12:17 PM UTC
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Neighborhood & Commute
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