3512 W Polk Street, Chicago, IL 60624
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.
- Listing Courtesy of: Elux Real Estate Corporation
Details
Updated on June 28, 2026 at 7:35 am-
Property ID MRD12606613
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Price $190,000
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Bedrooms 4
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Year Built 1909
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Property Type Multi Family
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Property Status Active
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Parking Total 2
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Parcel Number 16144080360000
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Water Source Public
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Sewer Public Sewer
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MLS Status Active
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Days On Market 89
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Cumulative Days On Market 26
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Tax Annual Amount 3240.76
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Heating Natural Gas
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Parking Features Yes
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Directions 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.
Address
Open on Google Maps- Address 3512 W Polk Street
- City Chicago
- State/county IL
- Zip/Postal Code 60624
- Country United States
Overview
- Multi Family
- 4
- 1909
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