ESTATE SALE. Rare opportunity to acquire a solid multi-unit property in the heart of Little Italy / University Village, one of Chicago's most desirable and supply-constrained rental markets. Located just minutes from UIC, the Medical District, downtown, and major transportation corridors, this area continues to benefit from strong rental demand, long-term appreciation, and ongoing neighborhood investment. The building offers great bones and an excellent value-add profile. Units 1 and 2 require full rehabs, presenting a clear upside for an investor or owner-occupant looking to reposition the asset and maximize rents. Unit 3 is in relatively good condition, allowing for immediate use or income while renovations are completed. Ideal for investors seeking a renovation project in a premier location or buyers looking to create long-term value in one of Chicago's most resilient rental submarkets. Seller and estate attorney have limited knowledge of the property. Information regarding unit layouts, room counts, square footage, rents, leases, utilities, and building systems has not been verified. MLS data includes required placeholders where applicable. Buyer to independently verify all information, including unit configuration, zoning, and condition. Property being sold as-is. No survey provided. Call/Text for showings. Showing will start next week.
Multi-familyProperty Type
1893Year Built
2,500 sq ftLot Size
2 spacesParking
Listed by William Lundy• Brookline Real Estate LLC
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
Parking
Parking Information
# of Parking (Total): 2
Interior
Additional Rooms Information
Basement: Unfinished, Full
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Unit Type 1 Information
Appliances and Features: None
Security Deposit: 0
Tenant Pays: None
Lease Expiration Date: 0
Unit Type 2 Information
Appliances and Features: None
Tenant Pays: None
Lease Expiration Date: 0
Unit Type 3 Information
Appliances and Features: None
Tenant Pays: None
Lease Expiration Date: 0
Exterior
Building Information
# Of Units in Building: 3
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Construction Materials: Brick
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 17174100220000
Lot Information
Dimensions: 25x100
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $14,791
Tax Year: 2023
Financial Information
Finance Code: Cash
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
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: From the Loop, head west on W Harrison St. Turn right (north) on S Racine Ave. Continue north to W Polk St and turn right (east). Property is located on the south side of the street, just east of Racine Ave.
Public facts
Beds: 6
Baths: 3.5
Sq. Ft.: 3,897
Stories: 3.0
Lot Size: 2,500 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1893
Year Renovated: —
County: Cook County
APN: 17174100220000
Home facts updated by county records on Sep 16, 2026
Other
Listing Information
Holds Earnest Money: No
Possession: Closing
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
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)
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62
45
68
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72
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68
79
64
68
53
52
40
38
24
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Feb
Mar
Apr
May
Jun
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Sun exposure
65/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.