1041 W Polk Street — Chicago, IL 60607
Closed
▼ $400,000
Chicago, IL 60607

1041 W Polk Street

$1,600,000
0 beds · 0 baths
$400,000 below original 130 days on market $15,162/yr taxes
01About this home

ESTATE SALE... Very rare assemblage opportunity consisting of three (3) adjacent parcels located at 1041, 1043, and 1045 W Polk St in the highly sought-after Little Italy / University Village area of Chicago. This offering presents an incredible development opportunity in one of the city's most dynamic and supply-constrained submarkets. The property is ideally positioned just west of the Loop with immediate access to Downtown Chicago, I-290, CTA, and major arterial roads, and is surrounded by a strong mix of institutional, residential, medical, and retail uses. The area benefits from close proximity to UIC, Rush Medical District, and the rapidly expanding West Loop, driving sustained demand for new residential and mixed-use development. University Village and Little Italy continue to experience strong population growth, rental demand, and investor interest, supported by limited available land, ongoing neighborhood investment, and excellent connectivity to employment centers. This assemblage offers a rare chance to control multiple contiguous parcels in a premier infill location with long-term upside. Ideal for developers, investors, or owner-users seeking a strategic position in one of Chicago's most desirable urban neighborhoods.

02Inside the home
03By the numbers
$1,600,000
List price
Square feet
Bedrooms
Bathrooms
Year built
0.18 ac
Lot size
Garage spaces
$15,162
Annual taxes
Land
Style
130
Days on market
04Neighborhood
  • Carm's Little Italy 200 ft
  • Fontano's Subs 200 ft
  • Tufano's Vernon Park Tap 500 ft
  • Au Bon Pain 700 ft
  • Curry On Fire 800 ft
  • Tuscany 800 ft
  • Food Hive 750 ft
  • Shell 0.4 mi
  • 7-Eleven 0.4 mi
  • Circle K 0.4 mi
  • Citgo 0.5 mi
  • Go Grocer 0.5 mi
  • Miller Park 500 ft
  • Sheridan Park 650 ft
  • Joseph M. “Joe” Esposito Playground 850 ft
  • Harry W. Pearce Memorial Grove 900 ft
  • The Quad 950 ft
  • Arrigo Park 0.4 mi
  • Chicago French Press 550 ft
  • Chicago French Press 800 ft
  • Demitasse Coffee 850 ft
  • Two Shades Cafe 0.2 mi
  • Starbucks 0.2 mi
  • Dunkin' 0.2 mi
POI data via Mapbox · OpenStreetMap contributors
05History

Every event we have for this address, straight from the MLS.

May 30, 2026
Price reducedThis listing
Brookline Real Estate LLC
$1,600,000
−$400,000
May 28, 2026
SoldThis listing
$1,700,000
Dec 22, 2025
Listed for saleThis listing
Brookline Real Estate LLC
$2,000,000
Sourced from MRED. Older events appear here as our history backfill completes.
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08Similar homes
Listed by Brookline Real Estate LLC · William Lundy · 708-921-7952
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12535822
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