Jason Anderson
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Exceptional opportunity for both owner-occupants and investors to acquire a solid brick 3-flat in the rapidly evolving East Garfield Park/Illinois Medical District corridor. The property consists of three spacious 3-bedroom, 1-bathroom units with separately metered utilities, allowing tenants to have their own gas and electric. Property to be sold occupied. Each unit includes a stove and refrigerator, while the unfinished basement offers additional potential and flexibility for a future owner. Whether you're looking to owner-occupy or add a strong multi-unit asset to your portfolio, this property offers a variety of possibilities and long-term upside. Ideally located just minutes from I-290, CTA public transportation, the United Center, the University of Illinois Chicago, and the Illinois Medical District (IMD), one of the largest urban medical districts in the United States. The area continues to benefit from ongoing investment, redevelopment, healthcare expansion, and economic growth. 3046 W Polk presents an excellent opportunity to acquire a well-maintained multi-unit property in one of Chicago's most rapidly developing neighborhoods. Property to be sold occupied. Seller will not provide notice to vacate. Buyer to honor existing tenancies. Units 1 and 2 are month-to-month; Unit 3 lease expires 12/2026.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 9
Bathrooms: 3
County: Cook
Listed By:
Compass
312-319-1168
MRED MLS
MLS ID: 12689667
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3046 W Polk Street, Chicago, IL 60612.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $449,500 | $449,500 | $449,500 |
| Down Payment | $89,900 | $15,733 | $112,375 |
| Monthly Mortgage Amount | $2,185 | $2,682 | $2,777 |
| Taxes | $626 | $626 | $626 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $198 | $0 |
| Monthly Estimated Total | $2,942 | $3,637 | $3,534 |
Jason Anderson
REALTOR®
Cell: (309) 207-0907
Licensed in IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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