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3046 W Polk Street,Chicago, IL 606123046 W Polk StreetChicagoIL60612
Property Description
Exceptional opportunity for both owner-occupants and investors to acquire a solid brick 3-flat in the rapidly evolving East Garfield Park/Illinois Medical District corridor. The property consists of three spacious 3-bedroom, 1-bathroom units with separately metered utilities, allowing tenants to have their own gas and electric. Property to be sold occupied. Each unit includes a stove and refrigerator, while the unfinished basement offers additional potential and flexibility for a future owner. Whether you're looking to owner-occupy or add a strong multi-unit asset to your portfolio, this property offers a variety of possibilities and long-term upside. Ideally located just minutes from I-290, CTA public transportation, the United Center, the University of Illinois Chicago, and the Illinois Medical District (IMD), one of the largest urban medical districts in the United States. The area continues to benefit from ongoing investment, redevelopment, healthcare expansion, and economic growth. 3046 W Polk presents an excellent opportunity to acquire a well-maintained multi-unit property in one of Chicago's most rapidly developing neighborhoods. Property to be sold occupied. Seller will not provide notice to vacate. Buyer to honor existing tenancies. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.
Full Property Details
Full Property Details for 3046 W Polk St
General
- Price: $499,000
- Taxes: $6,191 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12653454
- Updated: 6/2/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Dish Antenna, Carbon Monoxide Detectors
Parking
- Total Spaces: 2
- Parking Features: Yes, Owned
Location
- Area: CHI - East Garfield Park
- County: Cook
- Township: West Chicago
- Driving Directions: South on Sacramento to 3046 W. Polk Street
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1913
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1913
- Tax Amount: $6,191.8
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16133090290000
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Schools
Schools serving 3046 W Polk St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Jensen Elementary Scholastic Academy 3030 West Harrison Street, Chicago, IL 60612 | K-8 | 0.2 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 0.1 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 3046 W Polk St
Date
Details
Price
Change
Source
6/02/2026
Listed
$499,000
51.21%
MLS
4/17/2023
Sold
$330,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3046 W Polk St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,191
—
$34,000
72%
2023
$4,191
3%
$19,796
—
2022
$4,086
-2%
$19,796
-5%
2021
$4,183
17%
$20,735
30%
2020
$3,564
-2%
$15,944
-12%
2019
$3,652
-9%
$18,119
-11%
2018
$4,027
-12%
$20,321
-5%
2017
$4,600
8%
$21,293
—
2016
$4,265
9%
$21,293
—
2015
$3,902
13%
$21,293
14%
2014
$3,460
283%
$18,649
275%
2013
$904
1%
$4,971
—
2012
$892
—
$4,971
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3046 W Polk St
3046 W Polk Street, Chicago, IL 60612 (MLS# 12653454) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 3046 W Polk Street is currently listed for $499,000 and was received on June 02, 2026. Want to learn more about 3046 W Polk Street? Do you have questions about finding other Multi-Family real estate for sale in East Garfield Park? You can browse all East Garfield Park real estate or contact a Coldwell Banker agent to request more information.
