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3512 W Polk St, Chicago, IL, 60624

4beds
2baths
--sqft
$190,000
--price/sqft
$1,558/moest. monthly cost
$62,320/yrincome needed

About This Home

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.

Getting Around

73
WalkingVery Walkable
71
TransitExcellent Transit
64
BikeBikeable

Schools

Construction

Condition

  • Year built: 1909

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Exterior Entry,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 16144080360000
  • Special condition: Short Sale

Lot

  • Lot size: 3,750 sqft
  • Lot size dimensions: 30 x 125

Parking

  • Total spaces: 2
  • Parking features: Yes