3046 W Polk Street Chicago, IL $ 499,000
3046 W Polk Street
$ 499,000
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3046 W Polk Street

Chicago, IL, 60612
$ 499,000
Bedrooms9 Baths3.0 Sq 2,864

Monthly Estimate*

$ 3,072

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Multi-Family Home for sale in Chicago, IL

for $499,000 with 9 bedrooms and 3 full baths. This 2,864 square foot home was built in 1913.

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. Buyer to honor existing tenancies. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.

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Multi-Family Active

Price

$ 499,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,191

Style

Year Built

1913

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12653454

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Construction Materials Brick
Year Built 1913
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
Directions South on Sacramento to 3046 W. Polk Street
City Chicago
High School District 299
MLS Area CHI - East Garfield Park
Tax Annual Amount 6191.8
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 9
Total Baths 3
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Owned
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25X125
Waterfront Y/N N
Other Equipment TV-Dish CO Detectors
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* Excluded Features
List By
Compass

Broker

lance.lukose@compass.com

Email

Affordability Calculator

$3,588
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$516
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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$499,000 Listed Price

Map


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3046 W Polk Street, Chicago, IL, 60612 is a Multi-Family Home for sale at $499,000 with 2,864 sqft. 3046 W Polk Street has 9 bedrooms, 3.0 baths, and was built in 1913. The property's zip code is 60612 which is in Chicago, IL