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Image 1 - 1037 West Polk Street, Chicago, IL 60607, USA - House for sale
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Home For Sale In Chicago, Illinois
1037 West Polk Street, Chicago, IL 60607, USA

Home For Sale In Chicago, Illinois

house for sale
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Listed: 04/25/24

1037 West Polk Street, Chicago, IL 60607, USA

Studio Bed:
4 Bath:
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Price
$ 1,7M

About This House

The property is comprised of one 1 bed, two 2 beds, two 3 beds, and one 4 bed layout. Each unit features hardwood floors, stainless steel or white kitchen appliances, laminate countertops, central HVAC, in-unit laundry, and the rear units have access to outdoor decks. One unit was recently renovated and includes elevated finishes in the kitchen. An opportunity exists for an investor to increase rents significantly with cosmetic updates to the kitchens and baths in the remaining five apartments. The large laundry room in the rear units may also present an opportunity to make a second full bathroom.

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University Village/Little Italy Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.