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3046 W Polk Street

Chicago, IL 60612
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Bed 9

Bed

Bath 3

Bath

Exceptional opportunity for both owner-occupants and investors to acquire a solid brick 3-flat in the rapidly evolving East Garfield Park/Illinois Medical District corridor. The property consists of three spacious 3-bedroom, 1-bathroom units with separately metered utilities, allowing tenants to have their own gas and electric. Property to be sold occupied. Each unit includes a stove and refrigerator, while the unfinished basement offers additional potential and flexibility for a future owner. Whether you're looking to owner-occupy or add a strong multi-unit asset to your portfolio, this property offers a variety of possibilities and long-term upside. Ideally located just minutes from I-290, CTA public transportation, the United Center, the University of Illinois Chicago, and the Illinois Medical District (IMD), one of the largest urban medical districts in the United States. The area continues to benefit from ongoing investment, redevelopment, healthcare expansion, and economic growth. 3046 W Polk presents an excellent opportunity to acquire a well-maintained multi-unit property in one of Chicago's most rapidly developing neighborhoods. Property to be sold occupied. Seller will not provide notice to vacate. Buyer to honor existing tenancies. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.

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Detail Ic Property Details

Property Type : Residential Income

Price : $499,000

AD Id : 79852789

MLS Id : MRD12653454

Beds : 9

Year Built : 1913

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 9

    Bathroom Information

    Total Baths: 3

    Room Information

    Rooms Total: 15
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas, Forced Air WaterSource: Lake Michigan

  • Building Information

    Year Built: 1913

  • Lot Information

    Lot Dimensions: 25X125 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$499000

  • Tax Information

    Annual Tax: $6191.8 Tax Year: 2024 Parcel Number: 16133090290000 Tax Exemption: Homeowner

  • Parking Information

    Total Parking: 2 Yes, Owned Is Parking Included in Price: Yes

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Chicago Direction: South on Sacramento to 3046 W. Polk Street
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ByOwner last updated this listing 06/22/2026 @ 18:20

MLS: MRED #12653454 LISTED BY: Lance Lukose, Compass 312-319-1168 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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