Located in the heart of Little Italy / University Village, 1106-1108 W Polk St offers a compelling multifamily value-add opportunity in a proven rental submarket. The property features two buildings totaling eight (8) residential units, including a front building in good overall condition (that will require repairs) and a rear coach house requiring extensive repairs. This layout provides immediate income from the front building with clear upside through renovation and repositioning of the coach house. The asset is ideally positioned near UIC, major medical institutions, downtown Chicago, and public transportation, benefiting from consistent renter demand. Little Italy / University Village is known for its historic charm, walkability, strong tenant base, and ongoing neighborhood investment. This offering is well-suited for investors seeking meaningful value-add potential in a core Chicago location. Property is owned by a family estate. Unit mix, bedroom/bath counts, and unit sizes are unknown and approximate. Buyer to verify all information.
Multi-familyProperty Type
1891Year Built
5,000 sq ftLot Size
Listed by William Lundy• Brookline Real Estate LLC
Bought with William Lundy• Brookline Real Estate LLC
*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
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
—
Sq. Ft.
3,794
Year built
1891
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
17174100240000
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
Interior
Unit Type 1 Information
# of Units: 8
Exterior
Building Information
# of Units: 8
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Multi Family 5+
Parcel Number: 17174100240000
Lot Information
Dimensions: 50x100
Financial
Tax Information
Tax Annual Amount: $36,297
Tax Year: 2024
Financial Information
Finance Code: Conventional
Utilities
Heating & Cooling
Heat/Ventilation: Forced Air,Gas
Location
Location Information
Directions: From I-290, exit at Racine Ave and head south to Polk St. Turn west on Polk St to the property. From I-90/94, exit at Roosevelt Rd, head west to Racine Ave, turn north on Racine Ave to Polk St, then west to the property.
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,794
Stories: 2.0
Lot Size: 5,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1891
Year Renovated: —
County: Cook County
APN: 17174100240000
Home facts updated by county records on Sep 16, 2026
Other
Listing Information
Some Photos Virtually Staged?: No
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 • 2.0mi
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
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68
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79
64
68
53
52
40
38
24
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Feb
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May
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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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