SOLD MAY 28, 2026

Sold on may 2026

$1,700,000

Land

•

7,840

sq ft (lot)

1041 W Polk St, Chicago, IL 60607

Track this home’s value and nearby sales activity

About this home

ESTATE SALE... Very rare assemblage opportunity consisting of three (3) adjacent parcels located at 1041, 1043, and 1045 W Polk St in the highly sought-after Little Italy / University Village area of Chicago. This offering presents an incredible development opportunity in one of the city's most dynamic and supply-constrained submarkets. The property is ideally positioned just west of the Loop with immediate access to Downtown Chicago, I-290, CTA, and major arterial roads, and is surrounded by a strong mix of institutional, residential, medical, and retail uses. The area benefits from close proximity to UIC, Rush Medical District, and the rapidly expanding West Loop, driving sustained demand for new residential and mixed-use development. University Village and Little Italy continue to experience strong population growth, rental demand, and investor interest, supported by limited available land, ongoing neighborhood investment, and excellent connectivity to employment centers. This assemblage offers a rare chance to control multiple contiguous parcels in a premier infill location with long-term upside. Ideal for developers, investors, or owner-users seeking a strategic position in one of Chicago's most desirable urban neighborhoods.

Vacant landProperty Type

7,840 sq ftLot Size

$217Price/Sq.Ft.

Listed by William Lundy • Brookline Real Estate LLC

Bought with James Sheehan • Meridian Real Estate Chicago LLC

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12535822

Redfin Estimate

$1,003,671

$696K since sold in May 2026$68K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.5% lower than the average sale price ($1.35M) of 6 comparable homes.

SOLD AUG 12, 2026
$875,000
A
3 beds2.5 baths2,769 sq ft
706 S Ada St, Chicago, IL 60607
SOLD APR 21, 2026
$3,150,000
B
— beds— baths— sq ft
1113 W Randolph St, Chicago, IL 60607
SOLD JUN 5, 2026
$400,000
C
Land— sq ft
818 S Miller St, Chicago, IL 60607
SOLD JUL 31, 2026
$755,000
D
2 beds2 baths1,600 sq ft
1429 W Huron St, Chicago, IL 60642
SOLD APR 20, 2026
$1,250,000
E
3 beds2.5 baths2,357 sq ft
1220 W Hubbard St, Chicago, IL 60642
SOLD AUG 11, 2026
$1,650,000
F
4 beds3.5 baths4,120 sq ft
1752 W Erie St, Chicago, IL 60622

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Market trends in Little Italy, IL

Last updated September 2026

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

LISTED BY REDFIN
$339,900
2 beds2 baths1,066 sq ft
235 W Van Buren St #1807, Chicago, IL 60607
$1,595,000
4 beds4.5 baths3,300 sq ft
1125 W Monroe St, Chicago, IL 60607
OPEN TODAY, 12PM TO 1:30PM
$330,000
1 bed1 bath774 sq ft
1201 W Adams St #510, Chicago, IL 60607
EARLY ACCESS
$410,000
2 beds2 baths1,175 sq ft
417 S Jefferson St #306, Chicago, IL 60607
$24,000
— beds— baths— sq ft
235 W Van Buren St Unit P-555, Chicago, IL 60607
OPEN TODAY, 12PM TO 1:30PM
$720,000
2 beds2 baths1,450 sq ft
1000 W Adams St #607, Chicago, IL 60607
EARLY ACCESS
225 S Sangamon St #410, Chicago, IL 60607
$499,900
2 beds2 baths1,000 sq ft
225 S Sangamon St #410, Chicago, IL 60607
OPEN TODAY, 11:30AM TO 1PM
$585,000
3 beds3 baths1,574 sq ft
331 S Peoria St #107, Chicago, IL 60607
OPEN TODAY, 11AM TO 12:30PM
$549,900
2 beds2 baths— sq ft
1001 W Madison St #413, Chicago, IL 60607
$40,000
— beds— baths— sq ft
701 S Wells St Unit P-165, Chicago, IL 60607
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Sale and tax history for 1041 W Polk St

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

2,600 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Cook County

APN

17174200040000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

RT-4

Residential Two-Flat, Townhouse and Multi-Unit District

The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service

Property details

Exterior

Property Information
Property Type: Land
Ownership: Fee Simple
Parcel Number: 17174200040000
Additional Parcels Description: 17174200050000,17174200030000

Land Information
Building(s) on Land: Yes
Approx Land Sq Footage: .18

Lot Information
Dimensions: 78x100
Lot Size: Less Than .25 Acre
Frontage Length: 78
Road Surface Type: Asphalt

Financial

Tax Information
Tax Annual Amount: $15,162
Tax Year: 2024
Tax Exemptions: Homeowner,Senior

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Utilities: Electric to Site, Natural Gas Available

Location

School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299

Location Information
Township: West Chicago
Corporate Limits: Chicago
Directions: From the Loop: Take I-290/Washington Blvd west to Ashland Ave. Head south on Ashland Ave to Polk St, then east on Polk St to the property on the south side of the street between Sangamon St and Racine Ave.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 2,600 square feet
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Cook County
APN: 17174200040000

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No

Teams Information
Buyer Team Name: Sheehan Real Estate

Around this home

Schools

Smyth J Elementary School

Public PreK-8 • Assigned • 0.4mi

2/10

Wells Community Academy High School

Public 9-12 • Assigned • 2.1mi

1/10

Provided by GreatSchools

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

0% chance of strong winds in 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

45/ 100

Low sunlight

Sunscore

There appears to be significant shading by surrounding buildings, terrain, and vegetation.

5.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$954,000 – $1.16M

Sell confidently with a local market expert in Chicago.

Nearby similar homes

$40,000

Land— sq ft

1104 S Richmond St, Chicago, IL 60612

$475,000

Land— sq ft

2943 W Madison St, Chicago, IL 60612

$29,500

Land— sq ft

1623 S Central Park Ave, Chicago, IL 60623

NEW CONSTRUCTION

$835,000

9 beds6 baths— sq ft

3041 W Flournoy St, Chicago, IL 60612

$1,000,000

Land— sq ft

700 S Kedzie Ave, Chicago, IL 60612

$240,000

Land— sq ft

1848 W Walnut St, Chicago, IL 60612

New listings for sale in 60607

LISTED BY REDFIN3D WALKTHROUGH

$339,900

2 beds2 baths1,066 sq ft

235 W Van Buren St #1807, Chicago, IL 60607

$1,595,000

4 beds4.5 baths3,300 sq ft

1125 W Monroe St, Chicago, IL 60607

OPEN TODAY, 12PM TO 1:30PM

$330,000

1 bed1 bath774 sq ft

1201 W Adams St #510, Chicago, IL 60607

EARLY ACCESSCOMPASS COMING SOON

$410,000

2 beds2 baths1,175 sq ft

417 S Jefferson St #306, Chicago, IL 60607

$24,000

— beds— baths— sq ft

235 W Van Buren St Unit P-555, Chicago, IL 60607

OPEN TODAY, 12PM TO 1:30PM

$720,000

2 beds2 baths1,450 sq ft

1000 W Adams St #607, Chicago, IL 60607

EARLY ACCESSCOLDWELL BANKER COMING SOON

$499,900

2 beds2 baths1,000 sq ft

225 S Sangamon St #410, Chicago, IL 60607

OPEN TODAY, 11:30AM TO 1PM

$585,000

3 beds3 baths1,574 sq ft

331 S Peoria St #107, Chicago, IL 60607

OPEN TODAY, 11AM TO 12:30PM

$549,900

2 beds2 baths— sq ft

1001 W Madison St #413, Chicago, IL 60607

Home values near 1041 W Polk St

Data from public records.

Address	Redfin Estimate
1031 West Polk St Apartment 2, Chicago, IL 12 Beds \| 6 Baths \| 7974 Sq. Ft.	—
1049 West Polk St, Chicago, IL 6 Beds \| 5 Baths \| 5460 Sq. Ft.	—

Address	Redfin Estimate
1037 West Polk St, Chicago, IL 15 Beds \| 6 Baths \| - Sq. Ft.	—
1045 West Polk St, Chicago, IL 4 Beds \| 1.5 Baths \| 1400 Sq. Ft.	$944,706

Address	Redfin Estimate
1047 West Polk St, Chicago, IL 4 Beds \| 4.5 Baths \| 4000 Sq. Ft.	$1,511,830
1043 West Polk St, Chicago, IL - Beds \| - Baths \| - Sq. Ft.	$566,231

Property information provided by MRED as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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1041 W Polk St, Chicago, IL 60607

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About this home

Redfin Estimate

Market trends in Little Italy, IL

Homeowner tools

Sale and tax history for 1041 W Polk St

Public record

Property details

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60607

Home values near 1041 W Polk St

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