2716 West Polk Street
$700,000
9
6
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Description
Investor's dream in the heart of the city! This all-brick 3-flat is a prime opportunity with incredible income potential. Each spacious unit boasts 3 bedrooms and 2 baths, updated interiors, laundry in-unit, and great long-term tenants in place for unit 2 & 3. Rents are currently below market, offering room for increased profitability. The first and second floors feature soaring 9-ft ceilings, while the third floor impresses with cathedral ceilings and skylights for abundant natural light. Enjoy...Investor's dream in the heart of the city! This all-brick 3-flat is a prime opportunity with incredible income potential. Each spacious unit boasts 3 bedrooms and 2 baths, updated interiors, laundry in-unit, and great long-term tenants in place for unit 2 & 3. Rents are currently below market, offering room for increased profitability. The first and second floors feature soaring 9-ft ceilings, while the third floor impresses with cathedral ceilings and skylights for abundant natural light. Enjoy the convenience of outdoor terraces for each unit, perfect for relaxation or entertaining. The property includes a 3-car brick garage and a wrought iron fence surrounding the premises, adding security and curb appeal. Recent updates include a new front exterior staircase. This property has been well-maintained, professionally managed, and offers the flexibility to move into one unit while renting the other two. Located near the Medical District, Tri-Taylor, and all the amenities the area has to offer, this is an ideal location for tenants. Don't miss out on this rare investment opportunity - schedule your showing today!
- Listed by Neveen Michael • Keller Williams Infinity
Property Details for 2716 West Polk Street
Area
CHI - East Garfield Park
TownshipSouth Chicago
OwnershipFee Simple
Num Of Garage Spaces3.0
Num Of Parking Spaces3.0
Heat/FuelNatural Gas, Forced Air
ZoningMULTI
LISTING UPDATED: 01/08/2025 12:07 AM
Property Details for 2716 West Polk Street
Status | Active |
---|---|
MLS # | 12263311 |
Days on Market | 7 |
Taxes | $11,221 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 2005 |
Lot Size | 0.07 AC / 3,125 SF |
County | Cook County |
Building Information for 2716 West Polk Street
Stories-Residences3Year Built2005Building Size-Lot Size0.07 AC / 3,125 SF
Property Information for 2716 West Polk Street
Property History for 2716 West Polk Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2716 West Polk Street
Taxable ValueLand$6,604Additions$46,395Total$52,999
Tax Record2022$10,938 ($912 / month)
Home Facts
Baths4.5Total Finished SqFt3,678 SqFtAbove Grade Finished SqFt3,678 SqFtStories3Lot Size3,145 SqFtStyleMulti-Family Res (5+ Units)Year Built2004CountyCOOKAPN16-13-408-039
Schools near 2716 West Polk Street
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Jensen Elementary Scholastic Academy PublicPK to 8 | ||
Manley Career Academy High School Public9 to 12 | ||
Kellman Corporate Community Elementary School PublicPK to 8 | ||
Ombudsman Chicago West Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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