Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
10 Properties Within 0.5 miles of: 1114 W Polk, Chicago
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1114 W Polk
Chicago, IL 60607

  • 0 Beds
  • Built In 1893
Price

$700,000

Est Payment
$4,655 / month (details)  
Taxes
$14,791  
Beds
0  
Rooms
0  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25x100  
Built
1893  
Neighborhood
University Village / Little Italy  
MLS
#12536515
Status
Active (2 days)

Property Description

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 Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Parking Spaces, Yes
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

12-23-2025 Listed at $700,000
Last Modified 12/24/25 12:00 AM

Nearby Transportation

  • Bus 60 0.1 mi
  • Bus 157 0.2 mi
  • Bus 7 0.2 mi
  • Bus 126 0.3 mi
  • Bus 12 0.3 mi
  • Bus 8 0.4 mi
  • Bus 62 0.5 mi
  • Bus 18 0.5 mi
  • Bus 9 0.6 mi
  • Bus X9 0.6 mi
  • Bus 20 0.7 mi
  • Bus 36 0.7 mi
  • Bus 125 0.7 mi
  • Bus 37 0.8 mi
  • Bus 192 0.8 mi
  • Burlington Northern 0.9 mi
  • Heritage Corridor 1.0 mi
  • Milwaukee North 1.0 mi
  • Milwaukee West 1.0 mi
  • North Central Service 1.0 mi
  • Southwest Service 1.0 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 0.4 mi
  • Pink Line 0.8 mi
  • Green Line 0.9 mi
  • Orange Line 1.2 mi
  • Brown Line 1.2 mi
  • ZipCar 0.1 mi
  • I 290 West 0.3 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 1.3 mi
  • I 55 North 1.3 mi
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