Using a combination of density functional theory and dynamical mean field theory we show that electric polarization and magnetism are strongly intertwined in (TMTTF)$_2$-$X$ (X$=$PF$_6$, As$F_6$, and SbF$_6$) organic crystals and they originate from short-range Coulomb interactions. Electronic correlations induce a charge-ordered state which, combined with the molecular dimerization, gives rise to a finite electronic polarization and to a ferroelectric state. We predict that the value of the electronic polarization is enhanced by the onset of antiferromagnetism showing a sizable magnetoelectric leading to a multiferroic behavior of (TMTTF)$_2$-$X$ compounds.
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