$245,000

bed

bath

1,548

square ft

124 W Polk Street #107

Chicago, Illinois 60605

Price Change / MLS #12037892 / Loft / Loop

Listing information updated 5/16/2024 at 11:23am

Welcome to this hidden gem tucked within a converted warehouse loft space-an authentic diamond in the rough awaiting transformation. This property is brimming with potential and promises to be a captivating canvas for its next owner's vision. Step inside this sunlit duplex down unit offering a secluded escape from the outside world. The space greets you with original warm wood floors, complemented by weathered exposed brick walls and expansive windows that flood the area with natural light.The main level layout features a bedroom, bathroom, functional kitchen, and a spacious living/dining area. While currently retaining its vintage charm, this level eagerly anticipates modern updates and personal touches to restore its former glory. Note there is a laundry hookup in the pantry closed, but never used.Descend to the lower level-an open expanse with soaring 12-foot ceilings-a blank canvas bursting with potential. Imagine the possibilities: transform this space into a breathtaking home theater, a serene yoga retreat, additional bedrooms, or perhaps a vibrant home dance studio-limited only by your imagination. Other condos in this building that have finished this lower level have sold for substantially higher than our current offering.Ideally situated just minutes from public transit and within walking distance to Printers Row and essential amenities, this property invites you to reimagine loft living. Also as the neighborhood continues to develop you find the river walk has just opened at the end of the street. With a discerning eye and creative spirit, seize the opportunity to breathe new life into this timeworn space. Unlock its hidden potential, reawaken its soul, and craft a one-of-a-kind urban haven that reflects your unique style and aspirations. Embrace the challenge of transforming this vintage treasure into a modern masterpiece-a testament to the limitless possibilities that await within these storied walls. Venture up to the rooftop deck, offering glimpses of the city skyline-a serene oasis waiting to be revitalized into a captivating outdoor sanctuary, perfect for relaxation and entertainment.

Full Features

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Electric

Appliances:

Range, Microwave, Refrigerator

Main Level Primary Bedroom:

Yes

Pool:

Age:

100+ Years

Parking Type:

None

Room Count:

Water Front:

Square Feet:

1,548

Pet Information:

Cats OK, Dogs OK

Common Area Amenities:

Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, Sundeck, Security Door Lock(s), Laundry

External Features:

Roof Deck

Room Information

Living Room:

22x13 - Main

Dining Room:

combo - Main

Kitchen:

10x8 - Main

Family Room:

N/A

Primary Bedroom:

11x10 - Main Level

2nd Bedroom:

N/A

3rd Bedroom:

N/A

4th Bedroom:

N/A

Foyer:

10x5 - Main Level

Recreation Room:

31x22 - Lower Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$7,404

Tax Year:

2022

Assessments:

$750 / month

Location

Zip Code:

60605

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

South Loop Elementary School

Middle School:

South Loop Elementary School

High School:

Phillips Academy High School

Listing Office: Keller Williams ONEChicago

Listing Office Phone: 312.216.2422

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/16/2024 at 11:23am. 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.

Loop, IL

Chicago’s iconic business district has embraced the beauty of balance. Once considered all business, The Loop has become an increasingly popular place to live, work, and play. The Loop’s evolution began in the 1990s as developers built new high-rises and repurposed office buildings for residenti...

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$556,764

Average Sale Price

Average Days On The Market

97%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.