Active
3512 Polk Street
Chicago, IL 60624
$190,000
4beds
2baths
—sqft
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About this home
Investor opportunity in the high-demand East Garfield Park neighborhood of Chicago's West Side with strong upside potential. This property is being offered as a lender-approved short sale with the price already established, creating a clear path for acquisition without prolonged negotiation. ARV in the immediate area supports values up to approximately $400,000, making this a compelling candidate for a full renovation and resale or long-term hold strategy. The property requires a complete gut rehab and is best suited for experienced investors, developers, or contractors prepared to execute a full scope renovation. Ideal for value-add strategies including fix-and-flip or portfolio expansion. East Garfield Park continues to experience ongoing redevelopment, increasing investor activity, and growing demand, supporting strong after-repair positioning. IMPORTANT: Property is occupied. DO NOT approach or disturb occupants under any circumstances. Showings will be coordinated through proper channels only. Proof of funds is required with all offers. No exceptions. Cash or strong financial backing only. Buyer responsible for all due diligence. Property is being sold AS-IS, WHERE-IS with no warranties or repairs provided by the seller. Room sizes and details are estimated and should be independently verified. Serious inquiries only. This is a strategic acquisition opportunity for investors who understand redevelopment potential and are prepared to move efficiently.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1909
Lot size—
Annual tax$3,240.76
CountyCook
MLS #MRD12606613
Days on market7
Features
Heating
Natural Gas
Parking
Yes
Construction
Brick
Sewer
Public Sewer
Listed by
Elux Real Estate Corporation
Elizabeth Wright · 847-404-2890
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/6/2026, 5:07:31 AM. All data should be independently verified.
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