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.
Active
Price cut: $50K (8/24)
$399,500
3046 W Polk St, Chicago, IL 60612
9beds
--sqft
Multi Family
Built in 1913
-- sqft lot
$393,600 Zestimate®
$--/sqft
$-- HOA
What's special
Unfinished basement
- 45 days
- 732
- 45
Zillow last checked:
Listing updated:
Listed by:
Lance Lukose (708)205-6730,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12741251
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes, Owned
Lot
- Size: 3,125 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 16133090290000
- Special conditions: None
- Other equipment: TV-Dish
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1913
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Curbs, Sidewalks
- Security: Carbon Monoxide Detector(s)
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $6,398
- Date on market: 8/24/2026
- Ownership: Fee Simple
Estimated market value
$393,600
$374,000 - $413,000
$1,969/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $399,500-11.1% |
Source: | ||
| 6/26/2026 | Price change | $449,500-9.9% |
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| 6/2/2026 | Listed for sale | $499,000+51.2% |
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| 4/18/2023 | Sold | $330,000-2.2% |
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| 2/16/2023 | Contingent | $337,500 |
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| 11/7/2022 | Listed for sale | $337,500-3.6% |
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| 9/30/2022 | Listing removed | -- |
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| 6/22/2022 | Price change | $350,000-6.7% |
Source: | ||
| 3/30/2022 | Listed for sale | $375,000 |
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| 3/30/2022 | Listing removed | -- |
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| 2/1/2022 | Listed for sale | $375,000 |
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| 12/2/2021 | Listing removed | -- |
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| 3/4/2021 | Listed for sale | $375,000+1430.6% |
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| 10/1/2009 | Sold | $24,500 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment



