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Closed
  • $220,000

    124 W Polk St APT 107, Chicago, IL 60605

    1beds
    1,548sqft
    Condominium, Apartment, Single Family Residence
    Built in 1910
    -- sqft lot
    $355,500 Zestimate®
    $142/sqft
    $2,838 Estimated rent

    Home value

    $355,500

    $316,000 - $398,000

    $2,838/mo

    Zestimate® history
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    What's special

    Welcome to this hidden gem tucked within a converted warehouse loft space-an authentic diamond in the rough awaiting transformation. This property is brimming with potential and promises to be a captivating canvas for its next owner's vision. Step inside this sunlit duplex down unit offering a secluded escape from the outside world. The space greets you with original warm wood floors, complemented by weathered exposed brick walls and expansive windows that flood the area with natural light.The main level layout features a bedroom, bathroom, functional kitchen, and a spacious living/dining area. While currently retaining its vintage charm, this level eagerly anticipates modern updates and personal touches to restore its former glory. Note there is a laundry hookup in the pantry closed, but never used.Descend to the lower level-an open expanse with soaring 12-foot ceilings-a blank canvas bursting with potential. Imagine the possibilities: transform this space into a breathtaking home theater, a serene yoga retreat, additional bedrooms, or perhaps a vibrant home dance studio-limited only by your imagination. Other condos in this building that have finished this lower level have sold for substantially higher than our current offering.Ideally situated just minutes from public transit and within walking distance to Printers Row and essential amenities, this property invites you to reimagine loft living. Also as the neighborhood continues to develop you find the river walk has just opened at the end of the street. With a discerning eye and creative spirit, seize the opportunity to breathe new life into this timeworn space. Unlock its hidden potential, reawaken its soul, and craft a one-of-a-kind urban haven that reflects your unique style and aspirations. Embrace the challenge of transforming this vintage treasure into a modern masterpiece-a testament to the limitless possibilities that await within these storied walls. Venture up to the rooftop deck, offering glimpses of the city skyline-a serene oasis waiting to be revitalized into a captivating outdoor sanctuary, perfect for relaxation and entertainment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Green 773-893-0454,

    Keller Williams ONEChicago

    Bought with:

    Grigory Pekarsky

    Vesta Preferred LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12037892MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Foyer, Recreation Room
    Primary bedroom
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Dimensions: COMBO
    Foyer
    • Level: Main
    • Area: 50 Square Feet
    • Dimensions: 10X5
    Kitchen
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 286 Square Feet
    • Dimensions: 22X13
    Recreation room
    • Features: Flooring (Other)
    • Level: Lower
    • Area: 682 Square Feet
    • Dimensions: 31X22
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Refrigerator
    • Laundry: In Unit, Common Area, Laundry Closet
    Features
    • Basement: None
    Interior area
    • Total structure area: 1,548
    • Total interior livable area: 1,548 sqft

    Property

    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Patio & porch: Roof Deck, Deck
    Details
    • Additional structures: Storage
    • Parcel number: 17164040341064
    • Special conditions: None
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Apartment, Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Community
    • Security: Security System, Carbon Monoxide Detector(s)
    • Subdivision: Folio Square
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, Sundeck, Security Door Lock(s), Laundry
    • Services included: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal
    • HOA fee: $750 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $142/sqft
    • Tax assessed value: $401,620
    • Annual tax amount: $7,404
    • Date on market: 5/2/2024
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    8/2/2024Sold$220,000-2.2%$142/sqft
    Source: MRED as distributed by MLS GRID #12037892 Report a problem
    6/24/2024Contingent$225,000$145/sqft
    Source: MRED as distributed by MLS GRID #12037892 Report a problem
    6/21/2024Price change$225,000-8.2%$145/sqft
    Source: MRED as distributed by MLS GRID #12037892 Report a problem
    5/16/2024Price change$245,000-7.5%$158/sqft
    Source: MRED as distributed by MLS GRID #12037892 Report a problem
    5/2/2024Listed for sale$265,000+43.2%$171/sqft
    Source: MRED as distributed by MLS GRID #12037892 Report a problem
    10/8/2021Sold$185,000-5.1%$120/sqft
    Source: MRED as distributed by MLS GRID #11036569 Report a problem
    8/8/2021Contingent$195,000$126/sqft
    Source: MRED as distributed by MLS GRID #11036569 Report a problem
    8/5/2021Listed for sale$195,000$126/sqft
    Source: MRED as distributed by MLS GRID #11036569 Report a problem
    8/3/2021Contingent$195,000$126/sqft
    Source: MRED as distributed by MLS GRID #11036569 Report a problem
    7/20/2021Listed for sale$195,000$126/sqft
    Source: MRED as distributed by MLS GRID #11036569 Report a problem
    5/2/2021Pending sale$195,000$126/sqft
    Source: Keller Williams #11036569 Report a problem
    5/1/2021Contingent$195,000$126/sqft
    Source: MRED as distributed by MLS GRID #11036569 Report a problem
    1/27/2021Listed for sale$195,000$126/sqft
    Source: MRED as distributed by MLS GRID #10881594 Report a problem
    1/19/2021Pending sale$195,000$126/sqft
    Source: Keller Williams #10881594 Report a problem
    1/18/2021Contingent$195,000$126/sqft
    Source: MRED as distributed by MLS GRID #10881594 Report a problem
    1/18/2021Pending sale$195,000$126/sqft
    Source: Keller Williams Infinity #10881594 Report a problem
    11/6/2020Price change$195,000-2.5%$126/sqft
    Source: Keller Williams Infinity #10881594 Report a problem
    10/8/2020Listed for sale$200,000-42.9%$129/sqft
    Source: Keller Williams Infinity #10881594 Report a problem
    12/21/2017Listing removed$350,000$226/sqft
    Source: Owner Report a problem
    9/22/2017Listed for sale$350,000+69.9%$226/sqft
    Source: Owner Report a problem
    4/28/2005Sold$206,000+32.9%$133/sqft
    Source: Public Record Report a problem
    10/22/1998Sold$155,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $40,162 +11.6%
    2023$7,595 +2.6%$35,999
    2022$7,404 +2.3%$35,999
    2021$7,239 -3.3%$35,999 +7.1%
    2020$7,488 +1.8%$33,611 -8.2%
    2019$7,355 +1.7%$36,607
    2018$7,231 -1.5%$36,607 +7.4%
    2017$7,339 +16%$34,094
    2016$6,328 +9.7%$34,094
    2015$5,767 +11.7%$34,094 +12.2%
    2014$5,162 +2.2%$30,391
    2013$5,049 +0.9%$30,391
    2012$5,006 +23.5%$30,391 +12.5%
    2011$4,052 -16.3%$27,025 -14.4%
    2010$4,844 -1.7%$31,584
    2009$4,925 +21.9%$31,584 +12.1%
    2008$4,042 +1%$28,174
    2007$4,001 -1.1%$28,174
    2006$4,045 -13.8%$28,174 -1.9%
    2005$4,693 +1%$28,722
    2004$4,646 +2.2%$28,722
    2003$4,545 +21.7%$28,722 +38.2%
    2002$3,735 +3.7%$20,788
    2001$3,600 +10.7%$20,788
    2000$3,253 +13.1%$20,788 +22.8%
    1999$2,876 $16,935
    Find assessor info on the county website

    Neighborhood: South Loop

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South Loop Elementary School
    • Middle: South Loop Elementary School
    • High: Phillips Academy High School
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $355,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $355,500