Schedule Tour
$399,500

3046 Polk St

Chicago, IL
Active
9
Bedrooms
1913
Year Built
70
Days On Market

Exceptional opportunity for both owner-occupants and investors to acquire a solid brick 3-flat in the rapidly evolving East Garfield Park/Illinois Medical District corridor. The property consists of three spacious 3-bedroom, 1-bathroom units with separately metered utilities, allowing tenants to have their own gas and electric. Property to be sold occupied. Each unit includes a stove and refrigerator, while the unfinished basement offers additional potential and flexibility for a future owner. Whether you're looking to owner-occupy or add a strong multi-unit asset to your portfolio, this property offers a variety of possibilities and long-term upside. Ideally located just minutes from I-290, CTA public transportation, the United Center, the University of Illinois Chicago, and the Illinois Medical District (IMD), one of the largest urban medical districts in the United States. The area continues to benefit from ongoing investment, redevelopment, healthcare expansion, and economic growth. 3046 W Polk presents an excellent opportunity to acquire a well-maintained multi-unit property in one of Chicago's most rapidly developing neighborhoods. Property to be sold occupied. Seller will not provide notice to vacate. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.

Listing Information

Listing Updated
09/18/2026
Listed By
Lance Lukose · Compass, 3123191168
MLS#
12741251
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
3046 W Polk St, Chicago, IL 60612
City
Chicago
County
Cook
Zip Code
60612

Architecture

Bedrooms
9
Year Built
1913
Construction Materials
Brick
Garage Spaces
0

Features & Amenities

Community Features
Sidewalks, Curbs
Heating
Forced Air, Natural Gas

Property Features

Sewer
Public Sewer

Tax & Financial Information

List Price
$399,500
Annual Taxes
$6,398

Schools

73/100
Bethune Elementary School
Grades PK–08 · 0.1 mi
City
Chicago
Parent reviews
5.0★ avg · 2 reviews
Phone
(773) 534-6890
55/100
Noble St Charter-DRW Trading Col
High · Grades 09–12 · 0.4 mi
City
Chicago
Students
352
Student body
98% Black · 2% Hispanic / Latino · 0% White
Free/reduced lunch
87%
Phone
(773) 893-4500
55/100
Marshall Metropolitan High School
High · Grades 09–12 · 0.6 mi
City
Chicago
Students
282
Student body
92% Black · 6% Hispanic / Latino · 2% Two or More Races
Free/reduced lunch
89%
Phone
(773) 534-6455
54/100
Manley Career Academy High School
High · Grades 09–12 · 0.1 mi
City
Chicago
Students
193
Student body
90% Black · 6% Hispanic / Latino · 2% White
Free/reduced lunch
85%
Phone
(773) 534-6900
54/100
Collins Academy STEAM High School
High · Grades 09–12 · 0.5 mi
City
Chicago
Students
228
Student body
98% Black · 1% Hispanic / Latino · 0% White
Free/reduced lunch
97%
Phone
(773) 534-1840
54/100
Johnson STEAM Elementary
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
459
Student body
97% Black · 2% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
99%
Phone
(773) 534-1829
53/100
Faraday Elementary School
Elementary · Grades PK–08 · 0.7 mi
City
Chicago
Students
178
Student body
89% Black · 10% Hispanic / Latino · 1% White
Free/reduced lunch
98%
Phone
(773) 534-6670
52/100
Kellman Corporate Community Elementary
Elementary · Grades PK–08 · 0.1 mi
City
Chicago
Students
209
Student body
93% Black · 6% Hispanic / Latino · 1% American Indian / Alaska Native
Free/reduced lunch
95%
Phone
(773) 534-6602

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/24/2026Listed for sale$399,500

Listed by Lance Lukose · Compass · 3123191168

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: September 18, 2026 at 5:21 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12741251

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Shawn Strach is here to help. Reach out and expect a response within one business day.

How can I help?

Shawn Strach is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Matt Brua is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Matt Brua
Fairway Independent Mortgage Corporation
Matt Brua
LO NMLS: #326044

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.