Homes for sale - 1106 W Polk Street, Chicago, IL 60607

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Michael Scanlon

michael.scanlon@exprealty.com +1(773) 630-9205

Listed by William Lundyof Brookline Real Estate LLC

$1,350,000

Est. payment - /mo

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12533034

Year Built 1891

Annual Tax Amount $36,297

Tax Year 2024

Lot Dimensions 50x100

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Cook

Interior

Fireplace N

Exterior

View Y/N true

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NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

10

STEM Magnet Academy Elementary School

Public | KG - 5
10

Skinner Elementary School

Public | PK - 5
10

Skinner North Elementary School

Public | KG - 6
9

Jackson a Elementary Language Academy

Public | KG - 8
9

Galileo Elementary Math & Science Schol Acd

Public | KG - 8
9

Sheridan Elementary Math & Science Academy

Public | KG - 8
9

Healy Elementary School

Public | PK - 8
9

J. Ward Elementary School

Public | KG - 8
9

Haines Elementary School

Public | PK - 8
8

Mitchell Elementary School

Public | PK - 8
8

Lasalle II Lang Academy Elementary School

Public | PK - 8
8

Burr Elementary School

Public | PK - 8
8

Perez Elementary School

Public | PK - 8
8

Lasalle Elementary Language Academy

Public | KG - 8
7

Burroughs Elementary School

Public | PK - 8
7

Columbus Elementary School

Public | PK - 8
7

Pritzker Elementary School

Public | KG - 8
7

Ogden Elementary School

Public | KG - 8
7

South Loop Elementary School

Public | PK - 8
6

Holden Elementary School

Public | PK - 8

Middle Schools 9

10

Young Magnet High School

Public | 7 - 12
7

Orozco Elementary School

Public | 6 - 8
7

Ogden Intermediate High School

Public | 6 - 12
7

Noble Street Charter Schools

Public | 6 - 12
6

Evergreen Academy Middle School

Public | 6 - 8
3

Aspira Charter Schools

Public | 6 - 12
3

Young Womens Leadership Chartr High School

Public | 7 - 12
1

Perspectives Charter High School

Public | 6 - 12
0

Iyc Chicago

Public | 6 - 12

High Schools 20

10

Payton College Preparatory High School

Public | 9 - 12
9

Jones College Preparatory High School

Public | 9 - 12
8

Phoenix Military Academy High School

Public | 9 - 12
8

Chicago High School for the Arts

Public | 9 - 12
7

Air Force Academy High School

Public | 9 - 12
7

Chicago Military Academy High School

Public | 9 - 12
6

Crane Medical Preparatory High School

Public | 9 - 9
6

Intrinsic Charter High School

Public | 9 - 9
5

Clemente Community Academy High School

Public | 9 - 12
4

Spry Community Links High School

Public | 9 - 12
4

Manley Career Academy High School

Public | 9 - 12
4

Ihsca Charter High School

Public | 9 - 12
4

Wells Community Academy High School

Public | 9 - 12
3

Juarez Community Academy High School

Public | 9 - 12
2

Chicago Technology Academy High School

Public | 9 - 12
2

Dunbar Vocational Career Academy High School

Public | 9 - 12
1

Legal Preparatory Academy Charter High School

Public | 9 - 10
1

Urban Preparatory Charter Academy West Campus High School

Public | 9 - 12
1

Urban Preparatory Charter Academy Bronzeville High School

Public | 9 - 12
0

York Alternative High School

Public | 9 - 12

School and business data provided by Attom Data.

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Michael Scanlon

+1(773) 630-9205

Team leader | License ID: 475.188240

Team leader License ID: 475.188240

1106 W Polk Street Chicago, IL 60607

Michael Scanlon

Key Details

Location

Interior

Exterior

NEARBY SCHOOL & BUSINESS

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