1041 W Polk St

Chicago, IL 60607

$2,000,000
Price
7,800 / 0.18
Lot Size / Acres

Description

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...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.
  1. Listed by William Lundy • Brookline Real Estate LLC
    P: (630)-590-5910 C: (708)-921-7952 WL@Brooklinellc.com

Property Details for 1041 West Polk Street

Area
CHI - Near West Side
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
LISTING UPDATED: 12/23/2025 02:01 AM

Property Details for 1041 West Polk Street

StatusNew
MLS #12535822
Days on Market4
Taxes$15,162 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.18 AC
CountyCook County

Location

Listing Courtesy of Brookline Real Estate LLC
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Building Information for 1041 West Polk Street

Lot Size0.18 AC

Payment Calculator

$11,146 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,883

Property Taxes

$1,264

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1041 West Polk Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Location and General Information
  • Frontage Length: 78
  • Frontage Type: None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric to Site, Natural Gas Available
Property/Lot Information
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 78x100
  • Approx Land Sq Footage: .18
  • Buildings on Land: Yes
  • Waterfront: No
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 800
  • East Coordinate: 0
  • West Coordinate: 1045
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 0
  • Photos Count: 9
  • OpenHouse Count: 0
Miscellaneous
  • Road Surface: Asphalt
  • Total Listed Lots Avail: 3
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 1041 West Polk Street

DateEvent & SourcePriceAppreciation
Dec 21, 2025

Listed (Active)

MRED #12535822

$2,000,000—
DateEvent & SourcePrice
12/21/2025

Listed (Active)

MRED #12535822

$2,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1041 West Polk Street

Taxable ValueLand$11,700Additions-Total$11,700
Tax Record2023$2,477 ($206 / month)
Home Facts
Beds0Lot Size2,600 SqFtStyleResidentialCountyCOOKAPN17-17-420-004

Schools near 1041 West Polk Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Smyth J Elementary School
Public - PK to 8
Wells Community Academy High School
Public - 9 to 12
Galileo Scholastic Academy of Math & Science
Public - K to 8
Chicago World Language Academy
Public - K to 8
Rating
School
Distance
Smyth J Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Galileo Scholastic Academy of Math & Science
PublicK to 8

Chicago World Language Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1041 West Polk Street, Chicago, IL 60607

1041 West Polk Street is a 0.18 ac of land for sale in Chicago, IL 60607. This property was listed for sale on December 21, 2025 by Brookline Real Estate LLC, it's currently listed at $2,000,000. This listing's school district is Chicago Public Schools. Nearby schools include Smyth J Elementary School, Wells Community Academy High School and Galileo Scholastic Academy of Math & Science. 1041 West Polk Street is a 0-bed, 0-bath, 0.18 ac of land on a 7,800 sq. ft. / 0.18 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brookline Real Estate LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 02:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.