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Two to Four Units · Chicago, IL
$499,000
9 beds · 3 baths
3046 W Polk Street, Chicago, IL, 60612
A brick-and-mortar place to make your own — room to make it home.
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What’s special

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.
— the listing agent’s description

The home

9 beds
3 baths
Built in 1913
Lot 25X125
Two to Four Units

What it’ll cost

$6,192 taxes / yr
No HOA
18 days on dwello

Estimated monthly payment

$3,315/mo
Principal & interest$2,653
Property taxes$516
Homeowners insurance$146
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Jun 3
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18 days on dwello
Price history
Listed for sale
Jun 2, 2026
$499,000
Property taxes
2025
Annual tax bill (MLS)
$6,192/yr
Assessed value
2025
County assessor
$34,000~$340,000 mkt
2024
$34,000~$340,000 mkt
2023
$19,798~$197,980 mkt
2022
$19,798~$197,980 mkt
2021
$20,736~$207,360 mkt
2020
$15,944~$159,440 mkt
2019
$18,119~$181,190 mkt
2018
$20,321~$203,210 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasForced AirBrickPublic SewerYesOwned
Neighborhood
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MLS listing dataMRED
Listed by Lance Lukose · Compass
Listing last updated Jun 19, 2026 · data refreshed from the MLS Jun 19, 2026, 8:03 AM CT
Based on information submitted to the MLS GRID as of Jun 19, 2026, 8:03 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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