True fixer-upper opportunity in the heart of University Village/Little Italy. This property offers significant upside for investors or owner-users looking to renovate and reposition. Located just west of the Loop with strong rental demand driven by proximity to UIC, the Illinois Medical District, downtown Chicago, and multiple CTA lines. Surrounded by ongoing development, established multifamily housing, and a deep tenant base. Ideal value-add or redevelopment play for those seeking to capitalize on a prime infill location. This property is a full gut renovation.
Multi-familyProperty Type
1882Year Built
2,400 sq ftLot Size
$247Price/Sq.Ft.
3 spacesParking
Listed by William Lundy• Brookline Real Estate LLC
Bought with Vincent Romano• Berkshire Hathaway HomeServices Chicago
Source:MRED as Distributed by MLS Grid #12532510
Redfin Estimate
Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
True fixer-upper opportunity in the heart of University Village/Little Italy. This property offers significant upside for investors or owner-users looking to renovate and reposition. Located just west of the Loop with strong rental demand driven by proximity to UIC, the Illinois Medical District, downtown Chicago, and multiple CTA lines. Surrounded by ongoing development, established multifamily housing, and a deep tenant base. Ideal value-add or redevelopment play for those seeking to capitalize on a prime infill location. This property is a full gut renovation.
Year
Property tax
Land + Additions
Assessment*
2023
$9,357 (+2.6%)
$13,440 + $48,560
$62,000
2022
$9,121 (+2.3%)
$10,800 + $33,396
$44,196
2021
$8,917 (+6.3%)
$10,800 + $33,396
$44,196
2020
$8,385 (−1.3%)
$8,160 + $29,353
$37,513
2019
$8,497 (+1.7%)
$8,160 + $33,990
$42,150
2018
$8,353 (−28.6%)
$8,160 + $33,990
$42,150
2017
$11,695 (+7.9%)
$7,200 + $46,940
$54,140
2016
$10,844 (+9.3%)
$7,200 + $46,940
$54,140
2015
$9,920 (+30.5%)
$7,200 + $46,940
$54,140
2014
$7,604 (+2.0%)
$6,000 + $34,984
$40,984
2013
$7,453 (+1.3%)
$6,000 + $34,984
$40,984
2012
$7,354 (−15.7%)
$6,000 + $34,984
$40,984
2011
$8,727 (−0.4%)
$8,160 + $45,692
$53,852
2010
$8,763 (+4.4%)
$8,160 + $45,692
$53,852
2009
$8,397 (+30.2%)
$8,160 + $45,692
$53,852
2008
$6,448 (+1.0%)
$11,328 + $33,625
$44,953
2007
$6,384
$11,328 + $33,625
$44,953
Tax history for 1077 W Polk St
Year
Property tax
Land + Additions
Assessment*
2023
$9,357 (+2.6%)
$13,440 + $48,560
$62,000
2022
$9,121 (+2.3%)
$10,800 + $33,396
$44,196
2021
$8,917 (+6.3%)
$10,800 + $33,396
$44,196
2020
$8,385 (−1.3%)
$8,160 + $29,353
$37,513
2019
$8,497 (+1.7%)
$8,160 + $33,990
$42,150
2018
$8,353 (−28.6%)
$8,160 + $33,990
$42,150
2017
$11,695 (+7.9%)
$7,200 + $46,940
$54,140
2016
$10,844 (+9.3%)
$7,200 + $46,940
$54,140
2015
$9,920 (+30.5%)
$7,200 + $46,940
$54,140
2014
$7,604 (+2.0%)
$6,000 + $34,984
$40,984
2013
$7,453 (+1.3%)
$6,000 + $34,984
$40,984
2012
$7,354 (−15.7%)
$6,000 + $34,984
$40,984
2011
$8,727 (−0.4%)
$8,160 + $45,692
$53,852
2010
$8,763 (+4.4%)
$8,160 + $45,692
$53,852
2009
$8,397 (+30.2%)
$8,160 + $45,692
$53,852
2008
$6,448 (+1.0%)
$11,328 + $33,625
$44,953
2007
$6,384
$11,328 + $33,625
$44,953
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Interior
Basement Information
Basement Finish: Unfinished
Basement Type: Slab
Bathroom Information
# of Full Baths: 4
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: STEELS SUB
Living Sq. Ft: 2,024
Building Sq. Ft: 800
# of Units: 4
# of Stories: 2
Stories Type: 2
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 2,400
Legal Lot Number: 9
Legal Block Number: 14
Acres: 0.0551
Zoning Code: 50
County Use Description: APARTMENTS 2-6
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,024
Stories: 2.0
Lot Size: 2,400 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1882
Year Renovated: —
County: Cook County
APN: 17174180130000
Home facts updated by county records on Sep 16, 2026
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
86
72
81
68
78
63
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
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