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Brick Triplex With Unfinished Basement
For Sale
Under Contract
$334,900

3716 W Polk Street, Chicago, IL 60624

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market54

Property Features for 3716 W Polk Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 7, Bedroom 4, Basement, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 9, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 8
Parking features Offsite
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Central Park Ave to Polk St
Subdivision CHI - East Garfield Park
Standard status Active Under Contract
APN 16143110230000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 4658

Utilities

Sewer type Public Sewer
Heating system Other (Heating)
Water source Public

Building Details

Year built 1897
Building materials Brick
Listing Agency: RE/MAX 10 Lincoln Park · RE/MAX International
Listed By: Monica Poland · License #475138181
Added: Jul 31 Changed: Sep 12 Last Checked: Sep 22 at 7:06AM
MLS# 12718929

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.

Investment Insights

Based on property information with market context.

This 3-story brick triplex contains three 3-bedroom units. The first- and second-floor apartments have month-to-month tenants, while the livable third-floor unit offers additional occupancy flexibility. A full unfinished basement adds substantial interior space for future improvements, subject to buyer due diligence and applicable requirements. The property was built in 1897 and includes public water and public sewer service.

Set across from a neighborhood school on a residential block in Chicago’s East Garfield Park, the property is near transportation, shopping, parks, schools, and everyday amenities. Zoning is identified as MULTI, and parking is listed as offsite. The sale is AS-IS and subject to a City of Chicago violation case and existing tenants. The buyer will be responsible for required inspections, municipal compliance, clean-out, and repairs.

Key Highlights

  • 3‑story brick triplex with three 3‑bedroom units
  • First- and second‑floor units occupied by month‑to‑month tenants
  • Livable third‑floor apartment adds occupancy flexibility

Property Analytics

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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
Multi-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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-bedroom units, partial month-to-month occupancy, and an unfinished basement provide a flexible multifamily configuration.
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: 3‑story brick triplex with three 3‑bedroom units; First- and second‑floor units occupied by month‑to‑month tenants; Livable third‑floor apartment adds occupancy flexibility
More about this property
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