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  • $351,000

    3128 W Polk St, Chicago, IL 60612

    5beds
    --sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $394,300 Zestimate®
    $--/sqft
    $1,951 Estimated rent

    Home value

    $394,300

    $367,000 - $422,000

    $1,951/mo

    Zestimate® history
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    $2,478/mo

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    What's special

    Minimal vacancy periodsRush universitiesComfortable living spacesDedicated kitchenDining room
    Own a piece of the booming East Garfield Park neighborhood with this income-producing 2-flat! This spacious property boasts two units, each featuring 2-3 bedrooms and a dedicated kitchen and dining room, providing comfortable living spaces for your tenants. 2-3bed/1bath are estimated to rent for $1,600/month with a market time of 31 (see MLS: 11774477). Ideal for investors seeking strong rental potential. The property's proximity to major medical centers, UIC, and Rush universities makes it highly attractive to students, medical professionals, and young families. This translates to consistent rental demand and minimal vacancy periods. This is your chance to acquire a well-maintained property in a desirable location with built-in income and future appreciation potential. Don't miss out - schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Karla Mina 312-498-8473,

    MPower Residential Brokerage LLC

    Bought with:

    Stacy Thomas

    Real People Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12036518MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Windows: Screens
    • Basement: None

    Property

    Features
    • Fencing: Fenced
    Lot
    • Size: 3,049 sqft
    • Features: Rear of Lot
    Details
    • Parcel number: 16133080350000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Community
    • Community features: Sidewalks, Street Lights
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/7/2024Sold$351,000+3.5%
    Source: MRED as distributed by MLS GRID #12036518 Report a problem
    4/30/2024Pending sale$339,000
    Source: MRED as distributed by MLS GRID #12036518 Report a problem
    4/24/2024Listed for sale$339,000+516.4%
    Source: MRED as distributed by MLS GRID #12036518 Report a problem
    12/17/2021Sold$55,000
    Source: Public Record Report a problem
    11/18/2020Sold$55,000
    Source: MRED as distributed by MLS GRID #10856000 Report a problem
    10/15/2020Pending sale$55,000
    Source: Foster & Williams Real Estate #10856000 Report a problem
    10/6/2020Price change$55,000-21.4%
    Source: Foster & Williams Real Estate #10856000 Report a problem
    9/22/2020Price change$70,000-22.2%
    Source: Foster & Williams Real Estate #10856000 Report a problem
    9/13/2020Listed for sale$90,000+125%
    Source: Foster & Williams Real Estate #10856000 Report a problem
    9/5/2017Listing removed$40,000
    Source: Coldwell Banker Residential Brokerage - Lake View #09702442 Report a problem
    7/26/2017Listed for sale$40,000
    Source: Coldwell Banker Residential #09702442 Report a problem
    6/8/2017Listing removed$40,000
    Source: Marshall Realty #09480970 Report a problem
    3/30/2017Pending sale$40,000
    Source: Marshall Realty #09480970 Report a problem
    2/2/2017Price change$40,000-20%
    Source: Marshall Realty #09480970 Report a problem
    1/27/2017Listed for sale$50,000
    Source: Marshall Realty #09480970 Report a problem
    1/25/2017Pending sale$50,000
    Source: Marshall Realty #09480970 Report a problem
    1/19/2017Listed for sale$50,000
    Source: Marshall Realty #09480970 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $25,000 +150%
    2023$2,117 +2.6%$9,999
    2022$2,064 +2.3%$9,999
    2021$2,017 -28.9%$9,999 -21.3%
    2020$2,838 -2.4%$12,698 -12%
    2019$2,909 +1.7%$14,430
    2018$2,860 -31.1%$14,430 -24.9%
    2017$4,153 +7.8%$19,224
    2016$3,850 +9.3%$19,224
    2015$3,523 +32.2%$19,224 +33.8%
    2014$2,665 +2%$14,363
    2013$2,612 +1.4%$14,363
    2012$2,577 -9.8%$14,363 -18.5%
    2011$2,857 -0.4%$17,629
    2010$2,869 +4.4%$17,629
    2009$2,749 0%$17,629 -8%
    2008$2,750 +1%$19,168
    2007$2,722 -11.7%$19,168 -10.7%
    2006$3,082 +29.6%$21,466 +47.5%
    2005$2,378 +1%$14,553
    2004$2,354 +2.2%$14,553
    2003$2,303 +52.1%$14,553 +72.7%
    2002$1,514 +3.8%$8,427
    2001$1,459 +166.7%$8,427
    2000$547 +1.6%$8,427 +73.8%
    1999$538 $4,848

    Find assessor info on the county website

    Neighborhood: Lawndale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Jensen Elementary School Olastic
    • Middle: Jensen Elementary School Olastic
    • High: Manley Career Academy High Schoo
    • 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
    $394,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $394,300