Google street view image for 1016 W Polk St, Chicago, IL 60607

Off market

$998,663

•

3 ba

•

4,284

sq ft

1016 W Polk St, Chicago, IL 60607

About this home

1016 W Polk St is a 4,284 square foot multi-family home on a 2,304 square foot lot with 8 bedrooms and 3 bathrooms. Based on Redfin's Chicago data, we estimate the home's value is $998,663.

Multi-familyProperty Type

1888Year Built

2,304 sq ftLot Size

$233Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$998,663

$39K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.9% higher than the average sale price ($812K) of 6 comparable homes.

SOLD AUG 6, 2026
$905,000
A
6 beds3 baths— sq ft
1419 W Lexington St, Chicago, IL 60607
SOLD OCT 13, 2026
$985,000
B
4 beds3 baths3,125 sq ft
818 S Bishop St, Chicago, IL 60607
SOLD AUG 12, 2026
$875,000
C
3 beds2.5 baths2,769 sq ft
706 S Ada St, Chicago, IL 60607
SOLD JUL 24, 2026
$740,000
D
Studio— baths— sq ft
1114 W Polk St, Chicago, IL 60607
SOLD MAY 11, 2026
847 S Miller St, Chicago, IL 60607
$769,553
E
6 beds4 baths— sq ft
847 S Miller St, Chicago, IL 60607
SOLD JAN 14, 2026
$600,000
F
10 beds4 baths— sq ft
835 S Laflin St, Chicago, IL 60607

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Earn from this home

Sell

$950,725

Est. take-home

List your home with Redfin and save $4,993

Market trends in Little Italy, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.1%

+1.2% MoM

Median sale price

$337K

$15K MoM

Avg. days on market

112d

7 days MoM

Recently sold homes

12 MoM

New listings for sale

NEW
$279,000
1 bed1 bath920 sq ft
6 S Laflin St #617, Chicago, IL 60607
NEW 19 HRS AGO
$1,265,000
3 beds3 baths— sq ft
24 N Ada St Unit D, Chicago, IL 60607
OPEN SAT, 11AM TO 1PM
$399,900
1 bed1 bath900 sq ft
125 S Green St Unit 805A, Chicago, IL 60607
$429,000
3 beds1.5 baths1,340 sq ft
841 S Racine Ave Unit C, Chicago, IL 60607
$1,099,000
9 beds4 baths— sq ft
708 S Ada St, Chicago, IL 60607
$550,000
2 beds2 baths— sq ft
1040 W Adams St #443, Chicago, IL 60607
3D WALKTHROUGH
$360,000
2 beds2 baths— sq ft
235 W Van Buren St #2816, Chicago, IL 60607
$535,000
2 beds2 baths1,200 sq ft
1201 W Adams St #904, Chicago, IL 60607
$579,000
2 beds2 baths— sq ft
1000 W Adams St #505, Chicago, IL 60607
$375,000
2 beds2 baths1,000 sq ft
235 W Van Buren St #2314, Chicago, IL 60607
See all

Provided by Redfin

Sale history for 1016 W Polk St

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2023

$8,755 (+2.8%)

$12,902 + $70,098

$83,000

2022

$8,513 (+2.0%)

$10,368 + $56,632

$67,000

2021

$8,344 (−23.9%)

$10,368 + $56,632

$67,000

2020

$10,963 (−1.4%)

$7,833 + $44,319

$52,152

2019

$11,121 (−12.9%)

$7,833 + $50,765

$58,598

2018

$12,767 (+40.4%)

$7,833 + $60,027

$67,860

2017

$9,092 (+5.6%)

$6,912 + $38,556

$45,468

2016

$8,607 (+3.2%)

$6,912 + $38,556

$45,468

2015

$8,343 (+12.3%)

$6,912 + $41,244

$48,156

2014

$7,427 (+2.2%)

$5,760 + $36,842

$42,602

2013

$7,270 (+1.0%)

$5,760 + $36,842

$42,602

2012

$7,197 (−17.3%)

$5,760 + $36,842

$42,602

2011

$8,708 (+1.1%)

$7,833 + $49,942

$57,775

2010

$8,612 (+6.5%)

$7,833 + $49,942

$57,775

2009

$8,084 (+0.5%)

$7,833 + $49,942

$57,775

2008

$8,044 (+5.6%)

$10,874 + $51,917

$62,791

2007

$7,619

$10,874 + $51,917

$62,791

Tax history for 1016 W Polk St

Year

Property tax

Land + Additions

Assessment*

2023

$8,755 (+2.8%)

$12,902 + $70,098

$83,000

2022

$8,513 (+2.0%)

$10,368 + $56,632

$67,000

2021

$8,344 (−23.9%)

$10,368 + $56,632

$67,000

2020

$10,963 (−1.4%)

$7,833 + $44,319

$52,152

2019

$11,121 (−12.9%)

$7,833 + $50,765

$58,598

2018

$12,767 (+40.4%)

$7,833 + $60,027

$67,860

2017

$9,092 (+5.6%)

$6,912 + $38,556

$45,468

2016

$8,607 (+3.2%)

$6,912 + $38,556

$45,468

2015

$8,343 (+12.3%)

$6,912 + $41,244

$48,156

2014

$7,427 (+2.2%)

$5,760 + $36,842

$42,602

2013

$7,270 (+1.0%)

$5,760 + $36,842

$42,602

2012

$7,197 (−17.3%)

$5,760 + $36,842

$42,602

2011

$8,708 (+1.1%)

$7,833 + $49,942

$57,775

2010

$8,612 (+6.5%)

$7,833 + $49,942

$57,775

2009

$8,084 (+0.5%)

$7,833 + $49,942

$57,775

2008

$8,044 (+5.6%)

$10,874 + $51,917

$62,791

2007

$7,619

$10,874 + $51,917

$62,791

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RM-5

Residential Multi-Unit District 5

The RM5 districts are intended to accommodate multi-unit residential buildings. The RM5 district differs from the RM5.5 district only in terms of the maximum building height allowed. Applicable height limits in RM5 generally limit buildings to a maximum of 3.5 to 4 stories structures.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Bed & breakfast
Educational / school

Property details

Interior

Basement Information
Basement Finish: Unfinished
Basement Type: Slab

Bathroom Information
# of Full Baths: 3

Heating & Cooling
Heating Type: Warm Air

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Multi-Family
Exterior Wall: Masonry
Building Type: Residential

Property Information
Subdivision Name: CANAL TRUSTEES
Living Sq. Ft: 4,284
# of Units: 3
# of Stories: 3
Stories Type: 3

Lot Information
# of Buildings: 1
Land Sq. Ft: 2,304
Legal Lot Number: 18
Legal Block Number: 1
Acres: 0.0529
County Use Description: APARTMENTS 2-6

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 8
Baths: 3.0
Sq. Ft.: 4,284
Stories: 3.0
Lot Size: 2,304 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1888
Year Renovated: —
County: Cook County
APN: 17174120400000

Home facts updated by county records on Sep 16, 2026

Around this home

Schools

Smyth J Elementary School

Public PreK-8 • Assigned • 0.5mi

2/10

Wells Community Academy High School

Public 9-12 • Assigned • 2.1mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60607

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$949,000 – $1.15M

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Nearby similar homes

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New listings for sale in 60607

NEW

$279,000

1 bed1 bath920 sq ft

6 S Laflin St #617, Chicago, IL 60607

Open concept • Hardwood floors • Private balcony

NEW 19 HRS AGO

$1,265,000

3 beds3 baths— sq ft

24 N Ada St Unit D, Chicago, IL 60607

Completely renovated • Open kitchen • Private roof deck

OPEN SAT, 11AM TO 1PM

$399,900

1 bed1 bath900 sq ft

125 S Green St Unit 805A, Chicago, IL 60607

New smart microwave • New smart range • Resurfaced cabinetry

$429,000

3 beds1.5 baths1,340 sq ft

841 S Racine Ave Unit C, Chicago, IL 60607

Full basement • Finished attic • Multiple skylight

$1,099,000

9 beds4 baths— sq ft

708 S Ada St, Chicago, IL 60607

Uic area • Arrigo park • Very good condition

$550,000

2 beds2 baths— sq ft

1040 W Adams St #443, Chicago, IL 60607

Heavy timber beams • Exposed brick • Private balcony

3D WALKTHROUGH

$360,000

2 beds2 baths— sq ft

235 W Van Buren St #2816, Chicago, IL 60607

Sweeping city views • In-unit laundry • On-site grocery

$535,000

2 beds2 baths1,200 sq ft

1201 W Adams St #904, Chicago, IL 60607

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$579,000

2 beds2 baths— sq ft

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Oversized windows • Private balcony • Updated kitchen

Home values near 1016 W Polk St

Data from public records.

Address	Redfin Estimate
1031 W Polk Street #2, Chicago, IL 12 Beds \| 6 Baths \| 7974 Sq. Ft.	—
1019 W Polk Street, Chicago, IL 5 Beds \| 5 Baths \| 6854 Sq. Ft.	$1,464,046

Address	Redfin Estimate
1036 W Polk Street, Chicago, IL 13 Beds \| 6 Baths \| 6033 Sq. Ft.	—
1020 W Polk Street, Chicago, IL 5 Beds \| 4.5 Baths \| 2880 Sq. Ft.	$1,013,342

Address	Redfin Estimate
1034 W Polk Street, Chicago, IL 7 Beds \| 3 Baths \| 4771 Sq. Ft.	$850,690
1014 W Polk Street, Chicago, IL 4 Beds \| 3.5 Baths \| 3340 Sq. Ft.	$853,421

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Little Italy, IL

Sale history for 1016 W Polk St

Tax history for 1016 W Polk St

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60607

Home values near 1016 W Polk St

More real estate resources