We're proud to present the opportunity to redevelop the multifamily asset at 1065 W Polk Street in Chicago, IL. The property currently consists of three apartments. 1065 W Polk Street will effectively provide an opportunistic investor with the chance to develop or upgrade the existing property in one of Chicago's strongest neighborhoods. An investor's options would include renovating and revitalizing the existing units, or constructing a brand new development on the rarely available land under the current building. The property features three surface parking spots on 0.06 acres of land. The property sits on a quiet residential block less than one mile from Downtown Chicago. CTA Blue Line stops are two blocks away while I-290 access is just three blocks. The University Village/Little Italy neighborhoods are home to University of Illinois at Chicago (UIC), which continually spurs residential and commercial growth. Abundant walkable shopping, restaurant, and transit options make this property an extremely ideal option for residents. Long Time Owner. - 24 hour notice required for showing. No lockbox on site. Have to show during the afternoons, Monday - Friday. AS IS Sale. Good Tear Down Opportunity.
Multi-familyProperty Type
1885Year Built
2,400 sq ftLot Size
Listed by Dominick Cannata• Brookline Real Estate LLC
Bought with Jainish Joseph• Hometown Real Estate Group
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
2,400 Sq. Ft.
Year renovated
—
Sq. Ft.
2,320
Year built
1888
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
17174180180000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RM-4.5
Residential Multi-Unit District
The RM4.5 district is intended to serve as a transition district between the RT4 and RM5 classifications. It is primarily intended to accommodate multi-unit buildings.
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
Bed & breakfast
Office
Public service
Property details
Parking
Parking Information
Parking: None
Interior
Bathroom Information
# of Baths (Full): 3
Bedroom Information
# of Bedrooms: 6
# of Bedrooms Possible: 6
Additional Rooms Information
Basement Description: None
Interior Features
# of Rooms: 10
Unit Type 1 Information
Floor Number: 1
# of Rooms: 3
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove
Security Deposit: 0
Tenant Pays: None
Lease Expiration Date: 0
Unit Type 2 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove
Tenant Pays: None
Lease Expiration Date: 0
Exterior
Building Information
# Of Units in Building: 2
Exterior Building Type: Brick
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 17174180180000
Lot Information
Dimensions: 24X100
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $11,500
Tax Year: 2021
Financial Information
Finance Code: Cash
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Other
Heating & Cooling
Heating: Natural Gas
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: Racine to Polk, east to property
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,320
Stories: 2.0
Lot Size: 2,400 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1888
Year Renovated: —
County: Cook County
APN: 17174180180000
Home facts updated by county records on Sep 16, 2026
Other
Listing Information
Holds Earnest Money: No
Possession: Closing
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 • 2.0mi
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
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)
31
17
39
25
55
36
62
45
68
53
81
66
85
72
81
68
79
64
68
53
52
40
38
24
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
$653,000 – $790,000
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