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1040 W Polk St Apt 2B
Condo
New
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$445,000

$405/sqft

1040 W Polk St Apt 2B, Chicago

62% below median
2 bd·2 ba·1,100 sqft
Built 2014Little Italy

1040 W Polk St Apt 2B, Chicago, IL

2 bd · 2 ba · 1,100 sqft Condo listed at $445,000, built in 2014 in the Little Italy neighborhood.

About this home

*Multiple offers received* Rare find! Exquisite 2 BR 2 Bath beauty off the beaten track, nestled on a quaint tree-lined street in Little Italy. This home is IMMACULATE and ready to move right in. It's ready for your grill and fire pit on the luxurious private balcony overlooking Polk St! Inside, you'll love the home's open floor plan with dramatic windows offering bright and sunny spaces in the main living area that's complete with table space options. The kitchen features abundant cabinetry, SS appliances, granite countertops and marble accents, and two levels of island seating perfect when entertaining! The gas fireplace warms those chilly evenings watching your favorite new episode or connecting over dinner with friends. Two full elevated baths offer limestone walls and marble flooring, with much more character than any other condos near this price! Can't wait until you see the Elfa closet systems! The in-unit, full-size LG washer and dryer are brand new. One covered deeded parking space is included. There's ample street parking for second vehicle (and guests) with zone 5 sticker from the City. HOT area with many new builds. Investor friendly HOA has 2 unit rental cap with one rental currently. Located within the shadow of the Chicago skyline, you'll be steps from UIC campus, Sheridan Park and Taylor Street, close proximity to Illinois Medical District, West Loop, and St Ignatius College Prep. Walk to CTA bus or Blue line, hop onto I290 or I55 less than a mile away. Ideal location in so many ways. Agent related to the seller.

Property details

Price
$445,000
Bedrooms
2
Bathrooms
2
Interior
1,100 sqft
Price / sqft
$405
Year built
2014
Type
Condo
Days on market
16
Est. property tax
$9,256/yr · $771/mo · 2.08% IL avg
HOA
$153/mo
Last sold
$342,000 · Oct 2021

Estimated monthly payment

Down payment20% ($89,000)
Interest rate6.75%
Principal & Interest$2,309
Property Tax$408
Insurance$150
Total$2,867/mo

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Price history

$456K$391K$327K$341K on Aug 14 (Sold)$399K on Jul 18 (Initial list)$390K on Sep 18 (Price change)$390K on Jan 19 (Price change)$390K on Jan 19 (Price change)$375K on Jan 19 (Initial list)$375K on Mar 19 (Price change)$365K on Mar 19 (Initial list)$365K on Apr 19 (Price change)$350K on Apr 19 (Initial list)$338K on Jun 19 (Sold)$342K on Oct 21 (Sold)$445K on Apr 26 (Initial list)
$341K · Aug 14$445K · Apr 26
  1. Apr 9, 2026$445,000Initial list price
  2. Oct 13, 2021$342,000Sold
  3. Jun 17, 2019$337,500Sold
  4. Apr 11, 2019$350,000Initial list price
  5. Apr 11, 2019$365,000Price change
  6. Mar 21, 2019$365,000Initial list price
  7. Mar 21, 2019$375,000Price change
  8. Jan 29, 2019$375,000Initial list price
  9. Jan 7, 2019$389,900Price change
  10. Jan 4, 2019$389,900Price change
  11. Sep 28, 2018$389,900Price change
  12. Jul 28, 2018$399,000Initial list price
  13. Aug 22, 2014$341,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 1040 W Polk St Apt 2B, Chicago
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Home Intelligence

Neighborhood (zip 60607)

This neighborhood skews young (median age 30.9) and is highly educated (42% hold a bachelor's degree). 46% of homes are owner-occupied; median household income is $119,500.

Median income
$119,500
Median age
30.9
Owner-occupied
45.9%
Bachelor's degree
42.2%
Census median home value
$487,000

Source: US Census Bureau American Community Survey 5-year estimates.

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