3512 West Polk, Chicago IL 60624
- Units 2
- Total Beds 4
- Total Baths 2
- Taxes $3,240.76
- Payment Estimate View Mortgage Calculator
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Property Description
Investor opportunity in the high-demand East Garfield Park neighborhood of Chicago's West Side with strong upside potential. This property is being offered as a lender-approved short sale with the price already established, creating a clear path for acquisition without prolonged negotiation. ARV in the immediate area supports values up to approximately $400,000, making this a compelling candidate for a full renovation and resale or long-term hold strategy. The property requires a complete gut rehab and is best suited for experienced investors, developers, or contractors prepared to execute a full scope renovation. Ideal for value-add strategies including fix-and-flip or portfolio expansion. East Garfield Park continues to experience ongoing redevelopment, increasing investor activity, and growing demand, supporting strong after-repair positioning. IMPORTANT: Property is occupied. DO NOT approach or disturb occupants under any circumstances. Showings will be coordinated through proper channels only. Proof of funds is required with all offers. No exceptions. Cash or strong financial backing only. Buyer responsible for all due diligence. Property is being sold AS-IS, WHERE-IS with no warranties or repairs provided by the seller. Room sizes and details are estimated and should be independently verified. Serious inquiries only. This is a strategic acquisition opportunity for investors who understand redevelopment potential and are prepared to move efficiently.
Features & Information
Key Details
- List Price $190,000
- Property Taxes $3,240.76
- Price/ Sq. Ft. Unavailable
- Year Built 1909
- Parking Type Space/s
- Status New
Rooms
- Total Rooms 10
- Basement F
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator
- Unit 2 Stove, Refrigerator
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property I-290 (eisenhower Expressway) West To The Homan Ave Exit. Head South On S Homan Ave, Then Turn Right (west) Onto W Polk St. Continue To 3512 W Polk St, Which Will Be On The North Side Of The Street.
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3240.76
- Tax Year 2024
- Parcel Identification Number 16144080360000
Utilities
- Sewer Sewer-Publ
Listed by: Elux Real Estate Corporation | Phone: 312.967.4273
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/7/2026 4:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Homan Square
A neighborhood which first came to prominence as a refuge from the Great Chicago Fire, only to be nearly destroyed by arson a century later, Homan Square proudly stands today as one of the city's prime examples of urban renewal and revitalization. New commercial and residential development, coupled with strong support from the city and private investors, has made Homan Square a thriving community with a shopping, dining and entertainment scene. The modern homes, green commons and planned layout of the neighborhood provide a pleasant and spacious backdrop that is rather rare in Chicago. Homan Square incorporates curving drives and mini-subdivisions – a nice change to the city's conventional grid-like block arrangement. A public community center is the icing on the cake for Homan Square residents. The campus offers family, health, recreation and education services in a beautiful indoor facility that even boasts an Olympic-size swimming pool and state-of-the-art exercise equipment.
Mortgage Calculator
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