1075 West Polk Street

Chicago IL 60607

Multi-Family

Currently for sale - view listing

Overview

Rare Opportunity in Little Italy/UIC Neighborhood: First Time on Market in Over 50 Years! Welcome to this meticulously renovated, fully brick legal 4-unit building nestled in the heart of Little Italy/UIC neighborhood. This property, lovingly maintained since its original purchase over half a century ago, offers a unique investment opportunity with significant updates completed in 2016. Each of the 4 units has been tastefully renovated, featuring new mechanicals, flooring, kitchens, and bathrooms. Unit 1R stands vacant, presenting an ideal opportunity for an owner-occupied arrangement. The units include three 1-bedroom, 1-bathroom units and a spacious 2-bedroom, 2.5-bathroom duplex down (Unit 1F). Recent updates include a 9-year-old roof and freshly completed annual tuck pointing just two weeks ago. A professional management company currently manages the property on a flexible month-to-month contract. Additional highlights include two additional parking spaces, ensuring convenience for tenants. Perfectly situated for urban living, the location offers easy access to public transportation, retail shops, expressways, and parks. This property represents a turnkey investment opportunity with stable rental income and substantial recent improvements. Don't miss your chance to own this prime piece of real estate in one of Chicago's most vibrant neighborhoods. Schedule your showing today! At this time, we're only showing unit 1R and the basement. We can schedule a 2nd showing to tour the remaining units.

Features

5 bedrooms

6 bathrooms

2 carspaces

Multi-Family

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