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$500,000
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Property Description
True fixer-upper opportunity in the heart of University Village/Little Italy. This property offers significant upside for investors or owner-users looking to renovate and reposition. Located just west of the Loop with strong rental demand driven by proximity to UIC, the Illinois Medical District, downtown Chicago, and multiple CTA lines. Surrounded by ongoing development, established multifamily housing, and a deep tenant base. Ideal value-add or redevelopment play for those seeking to capitalize on a prime infill location. This property is a full gut renovation.
Full Property Details
Full Property Details for 1077 W Polk St
General
- Sold For: $500,000
- Taxes: $9,357 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12532510
- Added to Site: 111 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 3
Location
- Area: CHI - Near West Side
- County: Cook
- Driving Directions: From I-90/94, take the Roosevelt Rd exit and head west to Racine Ave. Turn north on Racine Ave to Polk St, then turn east on Polk St to the property. From I-290, exit at Racine Ave and head south to Polk St. Turn east on Polk St to the property.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: None
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Partial
- Year Built: 1882
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 24 x 100
Financial Considerations
- Assessment Year: 1882
- Tax Amount: $9,357
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 17174180130000
Listed by Brookline Real Estate LLC
Sold by Berkshire Hathaway HomeServices Chicago
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Schools
Schools serving 1077 W Polk St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Smyth J Elementary School 1059 West 13th Street, Chicago, IL 60608 | K-8 | 0.4 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1077 W Polk St
Date
Details
Price
Change
Source
4/01/2026
Sold
$500,000
-4.76%
MLS
12/13/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1077 W Polk Street, Chicago, IL 60607 (MLS# 12532510) is a Multi-Family property that was sold at $500,000 on April 01, 2026. Want to learn more about 1077 W Polk Street? Do you have questions about finding other Multi-Family real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

