Presenting the opportunity to redevelop the multifamily asset at 1073 W Polk Street in Chicago, IL. The property currently consists of two apartments. 1073 W Polk Street will effectively provide an opportunistic investor with the chance to develop or upgrade the existing property in one of Chicago's strongest neighborhoods. An investor's options would include renovating and revitalizing the existing units, or constructing a brand new development on the rarely available land under the current building. The property features three surface parking spots on 0.06 acres of land. The property sits on a quiet residential block less than one mile from Downtown Chicago. CTA Blue Line stops are two blocks away while I-290 access is just three blocks. The University Village/Little Italy neighborhoods are home to University of Illinois at Chicago (UIC), which continually spurs residential and commercial growth. Abundant walkable shopping, restaurant, and transit options make this property an extremely ideal option for residents. - 24 hour notice required for showing. No lockbox on site. Have to show during the afternoons, Monday - Friday. SOLD AS IS!!
Property Map
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Property Details
Utilities
Heating Natural Gas
Cooling
Water Lake Michigan
Sewer Other
Additional Information
Parking
3 Parking Spaces, Owned
Schools
District 299
Payment Calculator
Listing History
03-14-2023
Listed at $520,000
03-28-2023
Price decreased by $70,000 to $450,000
05-17-2023
Status changed to Under Contract
07-03-2023
Status changed to Closed
06-30-2023
Sold at $350,000
Last Modified 7/3/23 2:38 PM
Nearby Transportation
Bus 60
0.1 mi
Bus 157
0.2 mi
Bus 7
0.2 mi
Bus 12
0.3 mi
Bus 126
0.3 mi
Bus 8
0.4 mi
Bus 62
0.5 mi
Bus 18
0.5 mi
Bus 36
0.6 mi
Bus 125
0.6 mi
Bus 9
0.6 mi
Bus X9
0.7 mi
Bus 20
0.7 mi
Bus 37
0.7 mi
Bus 192
0.8 mi
Burlington Northern
0.9 mi
Heritage Corridor
0.9 mi
Milwaukee North
0.9 mi
Milwaukee West
0.9 mi
North Central Service
0.9 mi
Southwest Service
0.9 mi
Union Pacific North
1.0 mi
Union Pacific Northwest
1.0 mi
Union Pacific West
1.0 mi
Rock Island
1.2 mi
Blue Line
0.3 mi
Pink Line
0.8 mi
Green Line
1.0 mi
Orange Line
1.1 mi
Brown Line
1.1 mi
ZipCar
0.2 mi
I 290 West
0.4 mi
I 90 East
0.4 mi
I 94 East
0.4 mi
I 90 West
0.4 mi
I 94 West
0.4 mi
I 290 East
0.4 mi
I 55 South
1.2 mi
I 55 North
1.2 mi
Broker Reciprocity
Listing provided by Brookline Real Estate LLC
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
