Chicago, IL 60612 3046 W Polk Street
$499,000
OPEN HOUSE Fri, Jun 12 2026 04:00 PM - 06:00 PM
OPEN HOUSE Sat, Jun 13 2026 11:00 AM - 01:00 PM



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Presented By: Compass
Home Details
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.
Presented By: Compass
Interior Features for 3046 W Polk Street
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementUnfinished, Full
Total Number of Units3
General for 3046 W Polk Street
Additional Parcels Y/NNo
CityChicago
Community FeaturesCurbs, Sidewalks
Construction MaterialsBrick
CountyCook
DirectionsSouth on Sacramento to 3046 W. Polk Street
Elementary School District299
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - East Garfield Park
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount6191.8
Tax Year2024
Total Rooms15
TownshipWest Chicago
Year Built1913
Exterior for 3046 W Polk Street
Lot Dimensions25X125
Other EquipmentTV-Dish, CO Detectors
Parking FeaturesYes, Owned
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History

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