2716 West Polk, Chicago IL 60612
$700,000

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Property Description

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!

Features & Information

Key Details

  • List Price $700,000
  • Property Taxes $11,220.64
  • Price/ Sq. Ft. Unavailable
  • Year Built 2005
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 18
  • Basement N

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  3

Building Information

  • Number of Units 3
  • Age of Building 16-20 Years
  • Exterior Construction Brick,Glass,Stone
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Garage/Space, Range Hood, Walk-In Closet, Accessible Entrance
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Garage/Space, Range Hood, Walk-In Closet, Accessible Entrance
  • Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Garage/Space, Range Hood, Cathedral Ceilings, Skylights/Windows, Walk-In Closet, Accessible Entrance

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property Western Ave, North Of Taylor, West On Polk
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 11220.64
  • Tax Year 2023
  • Parcel Identification Number 16134080390000

Utilities

  • Sewer Sewer-Publ

Listed by Neveen Michael for Keller Williams Infinity | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 2/5/2025 12:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore East Garfield Park

Picturesque gardens and organic produce markets cross paths with vintage graystones and soul food restaurants in this long established - and now re-established - west side Chicago neighborhood. East Garfield Park is probably best known for the Garfield Park Conservatory which is one of the largest in the U.S. Like taking a step into another hemisphere, the conservatory is your ticket to a lush tropical climate with 30-foot palm trees and fragrant orchids, even in the dead of winter. The rest of the 185-acre park transports visitors to a fashionable Parisian-inspired commons with grand promenades, large ponds and landscaped grounds. On the restaurant front, East Garfield Park is a jackpot of American cuisine with a twist of southern cooking thrown in. Red hots, hamburgers and fries, fried fish and chicken, macaroni and cheese, submarines, peach cobblers and any other comfort food you can think of. For a taste of East Garfield Park's retail business just head over to Madison Street for the best shopping stops.

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