About This Home

This 9-bedroom, 3-bathroom residential multi family at 3046 W Polk Street in Chicago, IL is listed for $399,500. Built in 1913, on a N/A lot.

Key Features

  • Built in 1913
  • 2 parking spaces

Property Details

3 full
2 spaces
1913
Listing Description

Exceptional opportunity for both owner-occupants and investors to acquire a solid brick 3-flat in the rapidly evolving East Garfield Park/Illinois Medical District corridor. The property consists of three spacious 3-bedroom, 1-bathroom units with separately metered utilities, allowing tenants to have their own gas and electric.

Property to be sold occupied. Each unit includes a stove and refrigerator, while the unfinished basement offers additional potential and flexibility for a future owner. Whether you're looking to owner-occupy or add a strong multi-unit asset to your portfolio, this property offers a variety of possibilities and long-term upside.

Ideally located just minutes from I-290, CTA public transportation, the United Center, the University of Illinois Chicago, and the Illinois Medical District (IMD), one of the largest urban medical districts in the United States. The area continues to benefit from ongoing investment, redevelopment, healthcare expansion, and economic growth.

3046 W Polk presents an excellent opportunity to acquire a well-maintained multi-unit property in one of Chicago's most rapidly developing neighborhoods. Property to be sold occupied. Seller will not provide notice to vacate. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.

Monthly Cost Estimate

$2,137/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,731
Insurance$117

Estimates only. Actual payments may vary.

Location

3046 W Polk Street

Chicago, IL 60612

Property Details

Construction

Brick

Parking

Owned

Heating

Natural GasForced Air

Questions & Answers

This 9-bedroom, 3-bathroom residential multi family at 3046 W Polk Street is listed at $399,500. The estimated monthly payment is $2,137 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1913, 2 parking spaces.

This property is listed by Lance Lukose.

LL

Lance Lukose

Agent at Compass

Listed by Compass · Broker phone: 3123191168 · View on Broker Site · Broker website

MLS# 12741251· Source: Midwest Real Estate Data, LLC· 66 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3046 W Polk Street, Chicago, IL 60612

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