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Listed by Maurice Goodmanof CMG Realty & Property Management LLC
$ 665,000
Est. payment /mo
Price Dropped by $20K
3235 W Flournoy Street Chicago, IL 60624
9 Beds
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12466375
Style American 4-Sq.
Bedrooms 9
Year Built 1916
Annual Tax Amount $3,599
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Prime Investment: Turn-Key Legal 3-Flat with ADU Potential! Seize this rare asset at 3235 W Flournoy, featuring a finished basement which provides an opportunity for a fourth unit under new Chicago ADU laws. The property boasts extensive 2025 upgrades: gut-rehabbed top units with new appliances, a new roof, and brand new windows! All units are separately metered with individual mechanicals. Unit 1 is rented and provides immediate $1,500/month cash flow. Add coin laundry for additional cashflow! The location offers excellent access, less than two blocks from I-290 and the Blue Line, making downtown less than 15 minutes away. Includes a dedicated two-spot parking pad. Broker Owned and As-is.
Location
State IL
County Cook
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Finished, Exterior Entry, Full, Walk-Out Access
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Roof Type Flat
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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