1114 W Polk Street Chicago, IL 60607

Listing agency Brookline Real Estate Show Phone

Listed by Bill Lundy · License #IL

Source Crexi

Added: Apr 24 Updated: Jul 21 at 11:36PM Checked: Jul 22 at 7:58AM

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Investment Insights

Based on property information with market context.

This estate-sale three-unit residential income property (triplex) at 1114 W Polk Street is being sold as-is, with limited knowledge available from the seller and estate attorney. The offering includes three separate units, with Units 1 and 2 described as requiring full rehabs, while Unit 3 is reported to be in relatively good condition for immediate use or income. The seller has not verified unit layouts, room counts, square footage, rents, leases, utilities, or building systems, and MLS data may include placeholder information where applicable. Buyer should independently verify all information, including unit configuration, zoning, and condition.

The property is located in the Little Italy / University Village area of Chicago and is described as being just minutes from UIC, the Medical District, downtown, and major transportation corridors. The area is presented as a supply-constrained rental market with ongoing neighborhood investment.

The practical opportunity is centered on bringing Units 1 and 2 to their full potential, while maintaining Unit 3 as a basis for immediate occupancy or income during renovations.

Key Highlights

• Estate‑sale triplex on W Polk Street sold as‑is.
• Units 1 and 2 require full rehab.
• Unit 3 is in relatively good condition for immediate use or income while renovations are completed.

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FAQs

What type of property is this?

Triplex - Estate-sale triplex on W Polk Street sold as-is, with Units 1 and 2 needing full rehab and Unit 3 in good condition.

Where is this triplex located?

The property is located at 1114 W Polk Street Chicago, IL.

What are key features of this property?

This property features: Estate‑sale triplex on W Polk Street sold as‑is.; Units 1 and 2 require full rehab.; Unit 3 is in relatively good condition for immediate use or income while renovations are completed.