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$199,500
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Property Description
Great investment opportunity. This lot consists of 2 buildings. The front building A is a 5 bed/2 bath brick duplex with eat-in kitchen. The basement is unfinished, so their is some upside potential. The rear building B is a multi-unit (2/1 and 3/1). Both properties sold "as is". Proof of funds required prior to viewing. The front unit has long-term tenants. Building is CHA approved. Rear building is currently vacant. Seller is motivated. Initial showings for rear building as it is vacant. Serious buyers only. We prefer cash, but will consider financing for experienced lenders that can provide a rehab loan. Note both buildings need to be rehabbed.
Full Property Details
Full Property Details for 3140 W Polk St
General
- Sold For: $199,500
- Taxes: $1,826 (2021)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 11868446
- Added to Site: 890 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 13
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Parking Type: None
Location
- Area: CHI - East Garfield Park
- County: Cook
- Driving Directions: KEDZIE TO POLK EAST TO PROPERTY
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full
- Built Before 1978: Yes
- Remodeled/Updated: 2010
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Tax Amount: $1,826.9
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16133080480000
Listed by Baird & Warner
Sold by RE/MAX Partners
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Schools
Schools serving 3140 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 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3140 W Polk St
Date
Details
Price
Change
Source
7/29/2024
Sold
$199,500
-15.11%
MLS
10/30/2023
Price Reduced
$235,000
-14.55%
MLS
8/30/2023
Price Reduced
$275,000
-21.43%
MLS
8/24/2023
Listed
$349,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3140 W Polk Street, Chicago, IL 60612 (MLS# 11868446) is a Multi-Family property that was sold at $199,500 on July 29, 2024. Want to learn more about 3140 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.

