$700,000
2716 W POLK Street
Chicago, IL, 60612
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!
Property Details
Price:
$700,000
MLS #:
MRD12263311
Status:
Active
Beds:
9
Baths:
6
Address:
2716 W POLK Street
Type:
Multi Family
Neighborhood:
CHI – East Garfield Park
City:
Chicago
Listed Date:
Jan 2, 2025
State:
IL
ZIP:
60612
Year Built:
2005
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Parking Spots
3
Financial
Tax Year
2023
Taxes
$11,221
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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2716 W POLK Street
Chicago, IL
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