1106 W Polk Street
Chicago, IL, 60607
$1,350,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,350,000
1106 W Polk Street
Chicago, IL, 60607
MLS #MRD12533034 image #0MLS #MRD12533034 image #1MLS #MRD12533034 image #2MLS #MRD12533034 image #3MLS #MRD12533034 image #4MLS #MRD12533034 image #5MLS #MRD12533034 image #6MLS #MRD12533034 image #7MLS #MRD12533034 image #8MLS #MRD12533034 image #9MLS #MRD12533034 image #10MLS #MRD12533034 image #11MLS #MRD12533034 image #12
Located in the heart of Little Italy / University Village, 1106-1108 W Polk St offers a compelling multifamily value-add opportunity in a proven rental submarket. The property features two buildings totaling eight (8) residential units, including a front building in good overall condition (that will require repairs) and a rear coach house requiring extensive repairs. This layout provides immediate income from the front building with clear upside through renovation and repositioning of the coach house. The asset is ideally positioned near UIC, major medical institutions, downtown Chicago, and public transportation, benefiting from consistent renter demand. Little Italy / University Village is known for its historic charm, walkability, strong tenant base, and ongoing neighborhood investment. This offering is well-suited for investors seeking meaningful value-add potential in a core Chicago location. Property is owned by a family estate. Unit mix, bedroom/bath counts, and unit sizes are unknown and approximate. Buyer to verify all information.

Property Details

Price:
$1,350,000
MLS #:
MRD12533034
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chinearwestside
Listed Date:
Dec 15, 2025
Year Built:
1891
Chi – Near West SideChinearwestside

Schools

Interior

Exterior

Financial

Tax Year
2024
Taxes
$36,297
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Current real estate data for Commercial in Chicago as of Dec 16, 2025
1,038
Commercial Listed
186
Avg DOM
155
Avg $ / SqFt
$1,081,779
Avg List Price

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Property Summary

    1106 W Polk Street Chicago IL is a Commercial for sale in Chicago, IL, 60607. It is listed for $1,350,000 To schedule a showing of MLS#mrd12533034 at 1106 W Polk Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1106 W Polk Street
Chicago, IL