For Sale
$29,000

3132 Polk St Chicago, IL 60612

Prime Chicago location, 3,125 sq ft lot.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 3,125 square foot lot, located at 3132 W Polk St in Chicago, IL 60612, presents a compelling investment opportunity. Zoned RT-4, this property allows for the development of up to three residential units, capitalizing on the high demand for housing in this vibrant area. The convenient location offers easy access to major transportation arteries, including I-290 and the CTA Blue Line, providing seamless connectivity to the city's business district and beyond. Situated in Cook County, near the Near West Side, this property benefits from its proximity to the Illinois Medical District, a hub of healthcare activity, and the University of Illinois at Chicago, ensuring a strong rental market fueled by both medical professionals and students. The surrounding area boasts a rich tapestry of cultural attractions, including the United Center and the lively West Loop dining scene, adding to the overall desirability of the location. This property's strategic positioning within a dynamic urban environment, combined with its versatile zoning and attractive price point of $29,000, makes it an exceptional prospect for both experienced and aspiring multifamily developers. The APN is 16-13-308-033-0000. Don't miss this chance to secure a piece of Chicago's thriving real estate market.

Highlights

  • RT-4 zoning allows for multifamily development or alternative land uses.
  • Excellent location in Chicago's dynamic market.
  • High demand for residential units presents strong development potential.

Property Details for 3132 Polk St

Property type
Land, Apartment buildings

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.870973995853
Longitude
-87.704761785299
3132 Polk St, Chicago, Illinois

FAQs

What type of property is this?
Land - Prime Chicago location, 3,125 sq ft lot.
Where is the land located?
The property is located at 3132 Polk St Chicago, IL.
What is the asking price?
The asking price for this property is $29,000.
What are key features of this property?
This property features: RT-4 zoning allows for multifamily development or alternative land uses.; Excellent location in Chicago's dynamic market.; High demand for residential units presents strong development potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3132 Polk St
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