2852 W Polk Street, Chicago, IL 60612
- Added:
- Mar 6, 2026
- Days on Market:
- 96
- Last Refresh:
- Jun 10 at 10:06 am
Property Features for 2852 W Polk Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Basement, Bathroom 2
- Basement
- Unfinished, Full
- Standard status
- Active Under Contract
- APN
- 16133110200000
- Size
- 3,000 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5243
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1888
- Building materials
- Brick
Listing agent Eduardo Padro License #475141511 (773) 325-2800
Listing office Pearson Realty Group 1000 N. MILWAUKEE AVE, Chicago, IL (773) 325-2800
Listing date Mar 6, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Proximity to the $7 Billion 1901 Project @ The United Center (mixed‑use development breaking ground in Spring 2026)
- Large units: 1,500 sq ft of living space per unit with open concept design
- Potential for increased value due to area revitalization and new construction projects (e.g., The Madison Street Athletic & Cultural Complex)
- Full unfinished basement with front & rear entrances, ideal for a third unit conversion or duplexing
- Convenient location: Minutes from I‑290, Downtown Chicago, West Loop, Medical District, and CTA Train Station
- Security system with alarm and security cameras
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $25.20 |
| − Vacancy | −$4.2k | −$1.39 |
| EGI | $71.4k | $23.81 |
| − OpEx | −$21.4k | −$7.14 |
| NOI | $50.0k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.698129
- Latitude
- 41.871301
