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Résumé analytique

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.

Informations sur l’immeuble

Prix 1 380 592 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Résidentiel
Usage proposé
Logement
  • Appartements en copropriété
Surface totale du lot 0,07 ha
Année de construction 1880
Zonage RT-4

1 Lot disponible

Lot 3

Prix 1 380 592 €
Prix par ha 18 952 872,46 €
Surface du lot 0,07 ha

Rare Development Assemblage: Three contiguous lots totaling ±0.18 acres—an extraordinary, hard-to-replicate opportunity in Little Italy.

Description

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.

Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
90/100
Very bikeable
80/100

Taxes foncières

Taxes foncières

N° de parcelle
Multiple
  • 17-17-420-004-0000
  • 17-17-420-005-0000
  • 17-17-420-003-0000
Évaluation du terrain
37 690 €
Évaluation des aménagements
32 306 €
Évaluation totale
69 996 €
  • ID de l’annonce: 39920269

  • Date de mise sur le marché: 26/03/2026

  • Dernière mise à jour:

  • Adresse: 1041-1045 W Polk st, Chicago, IL 60607

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