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$220,000
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Property Description
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 Property Details
Full Property Details for 124 W Polk St #107
General
- Sold For: $220,000
- HOA FEE: $750/month
- Taxes: $7,404 (2022)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12037892
- Added to Site: 625 day(s) ago
Interior
- Appliances: Range, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, Sundeck, Security Door Lock(s), Laundry
- Equipment: Security System, Carbon Monoxide Detectors, Ceiling Fan(s)
- Other Features: Commuter Bus, Commuter Train, Interstate Access, Historical District
Exterior
- Exterior Features: Roof Deck
Parking
- Parking Type: None
Location
- Area: CHI - Loop
- County: Cook
- Subdivision: Folio Square
- Driving Directions: W Congress Pkwy south on S Clark St and west on W Polk St
School Information
- School District: 299
- Midd School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
- High School: Phillips Academy High School
- Private School: Phillips Academy High School
Community
- Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Forth Group
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric
Utilities
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo/Loft
- Exterior Const.: Brick
- Basement Desc.: None
- Stories/Levels: 10
- Square Feet: 1,548
- Sq. Ft. Source: Estimated
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units in Building: 64
- Unit Floor in Bldg.: 1
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $750
- Assoc Fee Freq.: Monthly
- Assessment Year: 1910
- Tax Amount: $7,404.3
- Tax Year: 2022
Disclosures and Reports
- Ownership: Condo
- Property ID: 17164040341064
Listed by Keller Williams ONEChicago
Sold by Vesta Preferred LLC
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Schools
Schools serving 124 W Polk St #107
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.4 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 W Polk St #107
Date
Details
Price
Change
Source
8/02/2024
Sold
$220,000
-2.22%
MLS
6/21/2024
Price Reduced
$225,000
-8.16%
MLS
5/15/2024
Price Reduced
$245,000
-7.55%
MLS
5/02/2024
Listed
$265,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
124 W Polk Street #107, Chicago, IL 60605 (MLS# 12037892) is a Condo property that was sold at $220,000 on August 02, 2024. Want to learn more about 124 W Polk Street #107? Do you have questions about finding other Condo real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.

