1114 W Polk Street
Chicago, IL, 60607
$700,000
Beds
0 Baths
0 SqFt
0 Acres
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$700,000
1114 W Polk Street
Chicago, IL, 60607
MLS #MRD12536515 image #0MLS #MRD12536515 image #1MLS #MRD12536515 image #2MLS #MRD12536515 image #3MLS #MRD12536515 image #4MLS #MRD12536515 image #5MLS #MRD12536515 image #6MLS #MRD12536515 image #7MLS #MRD12536515 image #8MLS #MRD12536515 image #9MLS #MRD12536515 image #10MLS #MRD12536515 image #11MLS #MRD12536515 image #12MLS #MRD12536515 image #13MLS #MRD12536515 image #14MLS #MRD12536515 image #15MLS #MRD12536515 image #16MLS #MRD12536515 image #17MLS #MRD12536515 image #18MLS #MRD12536515 image #19MLS #MRD12536515 image #20MLS #MRD12536515 image #21MLS #MRD12536515 image #22MLS #MRD12536515 image #23MLS #MRD12536515 image #24MLS #MRD12536515 image #25MLS #MRD12536515 image #26MLS #MRD12536515 image #27MLS #MRD12536515 image #28MLS #MRD12536515 image #29MLS #MRD12536515 image #30MLS #MRD12536515 image #31MLS #MRD12536515 image #32MLS #MRD12536515 image #33
ESTATE SALE. Rare opportunity to acquire a solid multi-unit property in the heart of Little Italy / University Village, one of Chicago’s most desirable and supply-constrained rental markets. Located just minutes from UIC, the Medical District, downtown, and major transportation corridors, this area continues to benefit from strong rental demand, long-term appreciation, and ongoing neighborhood investment. The building offers great bones and an excellent value-add profile. Units 1 and 2 require full rehabs, presenting a clear upside for an investor or owner-occupant looking to reposition the asset and maximize rents. Unit 3 is in relatively good condition, allowing for immediate use or income while renovations are completed. Ideal for investors seeking a renovation project in a premier location or buyers looking to create long-term value in one of Chicago’s most resilient rental submarkets. Seller and estate attorney have limited knowledge of the property. Information regarding unit layouts, room counts, square footage, rents, leases, utilities, and building systems has not been verified. MLS data includes required placeholders where applicable. Buyer to independently verify all information, including unit configuration, zoning, and condition. Property being sold as-is. No survey provided.

Property Details

Price:
$700,000
MLS #:
MRD12536515
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Neighborhood:
chinearwestside
Listed Date:
Dec 23, 2025
Year Built:
1893
Chi – Near West SideChinearwestside

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Yes
Parking Spots
2

Financial

Tax Year
2023
Taxes
$14,791
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Dec 25, 2025
1,286
Multi Family Listed
93
Avg DOM
$475,723
Avg List Price

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Property Summary

    1114 W Polk Street Chicago IL is a Multi Family for sale in Chicago, IL, 60607. It is listed for $700,000 To schedule a showing of MLS#mrd12536515 at 1114 W Polk Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1114 W Polk Street
Chicago, IL