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1041 W Polk Street Chicago, IL 60607

$1,600,000
Active / MLS# 12535822 / Land - Residential / Chicago
0 Beds

ESTATE SALE... Very rare assemblage opportunity consisting of three (3) adjacent parcels located at 1041, 1043, and 1045 W Polk St in the highly sought-after Little Italy / University Village area of Chicago. This offering presents an incredible development opportunity in one of the city's most dynamic and supply-constrained submarkets. The property is ideally positioned just west of the Loop with immediate access to Downtown Chicago, I-290, CTA, and major arterial roads, and is surrounded by a strong mix of institutional, residential, medical, and retail uses. The area benefits from close proximity to UIC, Rush Medical District, and the rapidly expanding West Loop, driving sustained demand for new residential and mixed-use development. University Village and Little Italy continue to experience strong population growth, rental demand, and investor interest, supported by limited available land, ongoing neighborhood investment, and excellent connectivity to employment centers. This assemblage offers a rare chance to control multiple contiguous parcels in a premier infill location with long-term upside. Ideal for developers, investors, or owner-users seeking a strategic position in one of Chicago's most desirable urban neighborhoods.

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Estimated Payment

$ 5,285.72 per month $3,555.56 Principal & Interest $1,263.50 Property Tax $466.67 Homeowner's Insurance
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Property Details

Property Type: Land - Residential
Lot Size: 0.18 Acres
Taxes: $15,162

Feature Descriptions

Frontage: 78
Frontage Type: None
Lot Dimensions: 78x100
Parcel#: 17174200040000
Possible Use: Multi-Family
Road Surface: Asphalt
Township: West Chicago
Utilities: Electric to Site, Natural Gas Available

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Brookline Real Estate LLC

Listing Office Phone: 630-590-5910



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