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3512 W Polk Street Chicago, IL 60624

$190,000
(Short Sale) - Active / MLS# 12606613 / Multi Unit - Multiple / Chicago
4 Beds
2 Baths

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.

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Baird & Warner Carol Juntunen - Probate & Trust Real Estate Expert Agent Cell: 224.523.2217 Email

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Estimated Payment

$ 747.64 per month $422.22 Principal & Interest $270.00 Property Tax $55.42 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Exterior Entry, Full, Walk-Out Access
Heating: Natural Gas
Lot Size: 30 x 125
Taxes: $3,240
Year Built: 1909

Feature Descriptions

Exterior: Brick
Lot Dimensions: 30 x 125
Parcel#: 16144080360000
Parking: Yes
Sewer: Public Sewer
Total Rooms: 10
Township: West Chicago
Water: Public

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: Elux Real Estate Corporation

Listing Office Phone: 312-967-4273



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