2716 W Polk Street
Chicago, IL 60612
- 9 beds
- 6 baths
- – sqft
- 3,125 sqft lot
- 2005 build
- – on site
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!
Last checked:
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Last updated Jan 4, 2025
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MLS# 12263311 —
The Building
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Year Built:2005
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Rebuilt:No
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New Construction:false
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Basement:None
Interior
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Rooms Total:18
Location
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Directions:Western Ave, North of Taylor, West on Polk
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Location:24695
The Property
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Parcel Number:16134080390000
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Property Type:Residential Income
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Lot Size Dimensions:25 X 125
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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 697-8664
- Office phone:
- (630) 778-5800
Taxes
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Tax Year:2023
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Tax Annual Amount:11220.64
Beds
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Bedrooms Total:9
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Bedrooms Possible:9
Baths
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Baths:6
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Full Baths:6
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:3
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Garage Type:Attached
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Garage Spaces:3
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Garage Onsite:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/2/25
Jan 2, 2025
|
Listed / Active | MRED | $700,000 |
