Chicago, IL 60607,1041 W Polk ST
Chicago, IL 60607,1041 W Polk ST
Chicago, IL 60607,1041 W Polk ST
9
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$1,700,000
Est. payment /mo
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7,840 Sqft Lot
Price Dropped by $300K

1041 W Polk ST Chicago, IL 60607

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12535822

Annual Tax Amount $15,162

Tax Year 2024

Lot Size 7,840 Sqft

Lot Dimensions 78x100

Property Sub-Type Land

Property 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 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.

Location

State IL

County Cook

Area Chi - Near West Side

Interior

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

Building

Dwelling Type Land

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by William Lundy of  Brookline Real Estate LLC 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    STEM Magnet Academy Elementary School

    Public | KG - 5

  • 10

    Skinner Elementary School

    Public | PK - 5

  • 10

    Skinner North Elementary School

    Public | KG - 6

  • 9

    Jackson a Elementary Language Academy

    Public | KG - 8

  • 9

    Galileo Elementary Math & Science Schol Acd

    Public | KG - 8

  • 9

    Sheridan Elementary Math & Science Academy

    Public | KG - 8

  • 9

    Healy Elementary School

    Public | PK - 8

  • 9

    J. Ward Elementary School

    Public | KG - 8

  • 9

    Haines Elementary School

    Public | PK - 8

  • 8

    Mitchell Elementary School

    Public | PK - 8

  • 8

    Lasalle II Lang Academy Elementary School

    Public | PK - 8

  • 8

    Burr Elementary School

    Public | PK - 8

  • 8

    Perez Elementary School

    Public | PK - 8

  • 8

    Lasalle Elementary Language Academy

    Public | KG - 8

  • 7

    Burroughs Elementary School

    Public | PK - 8

  • 7

    Columbus Elementary School

    Public | PK - 8

  • 7

    Pritzker Elementary School

    Public | KG - 8

  • 7

    Ogden Elementary School

    Public | KG - 8

  • 7

    South Loop Elementary School

    Public | PK - 8

  • 6

    Holden Elementary School

    Public | PK - 8

Middle Schools 9
  • 10

    Young Magnet High School

    Public | 7 - 12

  • 7

    Orozco Elementary School

    Public | 6 - 8

  • 7

    Ogden Intermediate High School

    Public | 6 - 12

  • 7

    Noble Street Charter Schools

    Public | 6 - 12

  • 6

    Evergreen Academy Middle School

    Public | 6 - 8

  • 3

    Aspira Charter Schools

    Public | 6 - 12

  • 3

    Young Womens Leadership Chartr High School

    Public | 7 - 12

  • 1

    Perspectives Charter High School

    Public | 6 - 12

  • 0

    Iyc Chicago

    Public | 6 - 12

High Schools 20
  • 10

    Payton College Preparatory High School

    Public | 9 - 12

  • 9

    Jones College Preparatory High School

    Public | 9 - 12

  • 8

    Phoenix Military Academy High School

    Public | 9 - 12

  • 8

    Chicago High School for the Arts

    Public | 9 - 12

  • 7

    Air Force Academy High School

    Public | 9 - 12

  • 7

    Chicago Military Academy High School

    Public | 9 - 12

  • 6

    Crane Medical Preparatory High School

    Public | 9 - 9

  • 6

    Intrinsic Charter High School

    Public | 9 - 9

  • 5

    Clemente Community Academy High School

    Public | 9 - 12

  • 4

    Ihsca Charter High School

    Public | 9 - 12

  • 4

    Wells Community Academy High School

    Public | 9 - 12

  • 3

    Juarez Community Academy High School

    Public | 9 - 12

  • 2

    Chicago Technology Academy High School

    Public | 9 - 12

  • 2

    Dunbar Vocational Career Academy High School

    Public | 9 - 12

  • 1

    Legal Preparatory Academy Charter High School

    Public | 9 - 10

  • 1

    Urban Preparatory Charter Academy West Campus High School

    Public | 9 - 12

  • 1

    Urban Preparatory Charter Academy Bronzeville High School

    Public | 9 - 12

  • 0

    York Alternative High School

    Public | 9 - 12

  • 0

    Marine Math and Science Academy High School

    Public | 9 - 12

  • 0

    Ombudsman Chicago West High School

    Public | 9 - 12

School and business data provided by Attom Data.

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1041 W Polk ST