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Brick Triplex with Unfinished Basement
For Sale
$334,900

3716 W Polk Street, Chicago, IL 60624

Three-story brick multifamily property with three three-bedroom units, existing tenants, and an unfinished basement for future improvements.

Property SizeContact for details
Days on Market31

Property Features for 3716 W Polk Street

General Information

Standard status Active
Property subtype Residential Income
Zoning MULTI

Units

Unit Mix 3 x 3BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,658

Building Details

Year Built 1897
Buildings 1
Stories 3
Construction brick
Listing Agency: RE/MAX 10 Lincoln Park
Listed By: Monica Poland · License #475138181
Source: Birdrealtysells
Added: Jul 31 Changed: Aug 29 Last Checked: Aug 29 at 11:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 10 Lincoln Park

Investment Insights

Based on property information with market context.

This 1897 brick triplex contains three three-bedroom units across three stories. Tenants occupy the first and second floors on a month-to-month basis, while the third-floor apartment is livable. A full unfinished basement provides additional interior space for future improvements, subject to buyer review and applicable requirements. The property is zoned MULTI and is being sold as-is.

The building sits across from a neighborhood school on a residential block in East Garfield Park. Public remarks identify convenient access to transportation, shopping, parks, schools, and daily amenities. The sale is subject to a City of Chicago violation case and existing tenants. The buyer will be responsible for municipal inspections, required compliance, clean-out, and repairs. No survey or seller disclosures will be provided.

Key Highlights

  • Three‑story brick triplex with three 3‑bedroom units
  • 1897 construction with a full unfinished basement
  • Month‑to‑month tenants occupy the first and second floors

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Computer & Electronic Repair Skin Care Clinic Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

950
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-story brick multifamily property with three three-bedroom units, existing tenants, and an unfinished basement for future improvements.
Where is this triplex located?
The property is located at 3716 W Polk Street Chicago, IL.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Three‑story brick triplex with three 3‑bedroom units; 1897 construction with a full unfinished basement; Month‑to‑month tenants occupy the first and second floors
More about this property
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