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$2,000,000

1041 W Polk Street
Chicago, Illinois 60607

New / MLS #12535822 / Vacant Land / Near West Side
Listing information updated 12/23/2025 at 6:03am
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.
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$15,162
Tax Year:
2024
Zip Code:
60607
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Brookline Real Estate LLC

Listing Office Phone: 630.590.5910

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 12/23/2025 at 6:03am. 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. Some listings have been excluded from this website.

Near West Side

Near West Side, IL

Just west of the Loop you’ll find an area that is home to restaurants, shops, official landmarks, and neighborhoods old and new. The Near West Side is made up of several noteworthy neighborhoods including Fulton River District, the West Loop, Little Italy, Greektown, University Village, and Tri-Ta...

CTA

CTA
Blue line at UIC-Halsted
CTA
Pink line at Clinton

Metra

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BNSF Railway line at Halsted St Metra
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Heritage Corridor line at Union Station
Metra
Milwaukee District North line at Union Station
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Milwaukee District West line at Union Station
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North Central Service line at Union Station
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Southwest Service line at Union Station
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Union Pacific North line at Ogilvie Transportation Center
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Union Pacific Northwest line at Ogilvie Transportation Center
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Union Pacific West line at Ogilvie Transportation Center
$546,028
Average Sale Price
63
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1041 W Polk Street, Chicago, IL 60607
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1041 W Polk Street, Chicago, IL 60607 is a vacant land currently listed at $2,000,000. This vacant land has been listed on @properties Christie's International Real Estate since December 21st, 2025. The nearest transit stops include UIC-Halsted CTA Blue line and Halsted St Metra Metra BNSF Railway line.

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