1106 W Polk Street Chicago, IL $ 1,350,000
1106 W Polk Street
$ 1,350,000
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1106 W Polk Street

Chicago, IL, 60607
$ 1,350,000
Baths0.0

Monthly Estimate*

$ 8,312

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Studio

Multi-Family Home for sale in Chicago, IL

for $1,350,000. This home was built in 1891 on a lot size of 0.114784.

Located in the heart of Little Italy / University Village, 1106-1108 W Polk St offers a compelling multifamily value-add opportunity in a proven rental submarket. The property features two buildings totaling eight (8) residential units, including a front building in good overall condition (that will require repairs) and a rear coach house requiring extensive repairs. This layout provides immediate income from the front building with clear upside through renovation and repositioning of the coach house. The asset is ideally positioned near UIC, major medical institutions, downtown Chicago, and public transportation, benefiting from consistent renter demand. Little Italy / University Village is known for its historic charm, walkability, strong tenant base, and ongoing neighborhood investment. This offering is well-suited for investors seeking meaningful value-add potential in a core Chicago location. Property is owned by a family estate. Unit mix, bedroom/bath counts, and unit sizes are unknown and approximate. Buyer to verify all information.

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Multi-Family Contingent

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 36,297

Style

Lot Size

0.114784

Year Built

1891

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12533034

Features
General
Year Built 1891
Stories Count 2
Tax Year 2024
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
Contingency Financing
MaintenanceExpense 0
Status Contingent
Directions From I-290 exit at Racine Ave and head south to Polk St. Turn west on Polk St to the property. From I-90/94 exit at Roosevelt Rd head west to Racine Ave turn north on Racine Ave to Polk St then west
City Chicago
Number Of Units Total 8
MLS Area CHI - Near West Side
Lot Size Square Feet 5000
Tax Annual Amount 36297
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active Under Contract
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Exterior
Lot Dimensions 50x100
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* Excluded Features
List By
Brookline Real Estate Llc

Broker

WL@Brooklinellc.com

Email

Affordability Calculator

$11,337
Per Month
73%
27%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$3,025
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2025$1,350,000 Listed Price

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1106 W Polk Street, Chicago, IL, 60607 is a Multi-Family Home for sale at $1,350,000 with a lot size of 0.114784. 1106 W Polk Street is a studio with 0.0 baths and was built in 1891. The property's zip code is 60607 which is in Chicago, IL