1037 West Polk StreetChicago, IL 60607Price: $1,775,000

  • Price: $1,775,000
  • 44 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1885Year Built

Listing Tools

Easy to manage with low operating expenses 6 unit updated apartment building one block from UIC East campus. Mix of (1) 4bd/1.5bath, (2) 3bd/1.5bath, (2) 2bd/1bath, and (1) 1bd/1bath units in a premier location. Property generates stable income with a 11.65 GRM and a 6.45% CAP rate. 5 units have in unit W/D and central air. Each unit has a separate WH. Capital improvements exceed +100K over the last several years. Property is centrally located near all public transportation and within minutes of the Central Business District. Proximity to campus provides a steady and active market. The true heart of the neighborhood is Taylor St, where you will find long-time restaurants that span generations. UIC has increased its enrollment for 6 straight years. Contact agent for full OM and financials.

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Listed by Edward Liss and Bene Dituri of Triton Realty Group LLC

Based on information submitted to MRED  as of November 28, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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