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  • $190,000

    3512 W Polk St, Chicago, IL 60624

    4beds
    --sqft
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    Multi Family
    Built in 1909
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Investor opportunity in the high-demand East Garfield Park neighborhood of Chicago's West Side with strong upside potential. This property is being offered as a lender-approved short sale with the price already established, creating a clear path for acquisition without prolonged negotiation. ARV in the immediate area supports values up to approximately $400,000, making this a compelling candidate for a full renovation and resale or long-term hold strategy. The property requires a complete gut rehab and is best suited for experienced investors, developers, or contractors prepared to execute a full scope renovation. Ideal for value-add strategies including fix-and-flip or portfolio expansion. East Garfield Park continues to experience ongoing redevelopment, increasing investor activity, and growing demand, supporting strong after-repair positioning. IMPORTANT: Property is occupied. DO NOT approach or disturb occupants under any circumstances. Showings will be coordinated through proper channels only. Proof of funds is required with all offers. No exceptions. Cash or strong financial backing only. Buyer responsible for all due diligence. Property is being sold AS-IS, WHERE-IS with no warranties or repairs provided by the seller. Room sizes and details are estimated and should be independently verified. Serious inquiries only. This is a strategic acquisition opportunity for investors who understand redevelopment potential and are prepared to move efficiently.
    100 days
    |
    538
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Wright 312-847-9768,

    Elux Real Estate Corporation

    Source: MRED as distributed by MLS GRID,MLS#: 12606613MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas
      Features
      • Basement: Unfinished,Exterior Entry,Full,Walk-Out Access

      Property

      Parking
      • Total spaces: 2
      • Parking features: Yes
      Lot
      • Size: 3,750 Square Feet
      • Dimensions: 30 x 125
      Details
      • Parcel number: 16144080360000
      • Special conditions: Short Sale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1909

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $220,010
      • Annual tax amount: $3,240
      • Date on market: 3/31/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,780/mo

        Price history

        DateEventPrice
        3/31/2026Listed for sale$190,000
        Source: MRED as distributed by MLS GRID #12606613 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $22,001 +15.8%
        2023$2,759 +4.1%$18,999
        2022$2,650 +806%$18,999
        2021$293 -3.1%$18,999 +48.2%
        2020$302 +0.3%$12,824 -12%
        2019$301 +1.5%$14,573
        2018$296 -6.6%$14,573 -25.5%
        2017$317 -57.1%$19,550
        2016$740 +4%$19,550
        2015$711 +0.9%$19,550 +20.5%
        2014$705 -0.4%$16,226
        2013$707 +6.8%$16,226
        2012$662 -1.7%$16,226 -22.2%
        2011$674 +10.6%$20,859
        2010$609 +6.6%$20,859
        2009$572 -7.7%$20,859 -14.9%
        2008$619 -10.5%$24,502
        2007$692 -5.8%$24,502
        2006$735 -14.4%$24,502 +67.2%
        2005$859 -4.8%$14,655
        2004$901 -8.7%$14,655 -6.2%
        2003$988 -11.6%$15,621 +61.4%
        2002$1,117 -15.7%$9,678
        2001$1,325 +104.5%$9,678
        2000$648 +1.3%$9,678 +80.1%
        1999$640 $5,373

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Homan Square

        Getting around

        73 / 100
        Very Walkable
        72 / 100
        Excellent Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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