1077 W Polk St Chicago, IL 60607
Little Italy NeighborhoodEstimated payment $3,542/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,357
Year Built
- Built in 1882
Parking
- 3 Parking Spaces
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Bathrooms
Utilities
- No Heating
- Lake Michigan Water
Additional Features
- Partial Basement
- Lot Dimensions are 24x100
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,357 | $62,000 | $13,440 | $48,560 |
| 2023 | $9,121 | $44,196 | $10,800 | $33,396 |
| 2022 | $9,121 | $44,196 | $10,800 | $33,396 |
| 2021 | $8,917 | $44,196 | $10,800 | $33,396 |
| 2020 | $8,385 | $37,513 | $8,160 | $29,353 |
| 2019 | $8,497 | $42,150 | $8,160 | $33,990 |
| 2018 | $8,353 | $42,150 | $8,160 | $33,990 |
| 2017 | $11,695 | $54,140 | $7,200 | $46,940 |
| 2016 | $10,844 | $54,140 | $7,200 | $46,940 |
| 2015 | $9,921 | $54,140 | $7,200 | $46,940 |
| 2014 | $7,604 | $40,984 | $6,000 | $34,984 |
| 2013 | $7,454 | $40,984 | $6,000 | $34,984 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2025 12/13/25 | For Sale | $525,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12532510
APN: 17-17-418-013-0000
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