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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    3132 Polk St, Chicago, IL 60612

    Individually Owned
    Property ID
    US28-5085713
    Property summary
    AI-generated overview

    This exceptional 3,125 square foot lot, located at 3132 W Polk St in Chicago, IL 60612, presents a compelling investment opportunity. Zoned RT-4, this property allows for the development of up to three residential units, capitalizing on the high demand for housing in this vibrant area. The convenient location offers easy access to major transportation arteries, including I-290 and the CTA Blue Line, providing seamless connectivity to the city's business district and beyond. Situated in Cook County, near the Near West Side, this property benefits from its proximity to the Illinois Medical District, a hub of healthcare activity, and the University of Illinois at Chicago, ensuring a strong rental market fueled by both medical professionals and students. The surrounding area boasts a rich tapestry of cultural attractions, including the United Center and the lively West Loop dining scene, adding to the overall desirability of the location. This property's strategic positioning within a dynamic urban environment, combined with its versatile zoning and attractive price point of $29,000, makes it an exceptional prospect for both experienced and aspiring multifamily developers. The APN is 16-13-308-033-0000. Don't miss this chance to secure a piece of Chicago's thriving real estate market.

    Property profile
    Verified
    Property type Commercial real estate
    APN 16-13-308-033-0000
    UPID US28-5085713
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Lino Octaviano Cuera Camacho
    Lino Octaviano Cuera Camacho
    since 2025
    2 recorded transactions
    2025
    $28,000
    2025
    $25,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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