Large brick 3-unit investment opportunity with major upside potential. Property previously underwent extensive renovation work including updated kitchens, bathrooms, refinished hardwood floors, recessed lighting, newer HVAC systems, updated mechanicals, newer appliances, and exterior improvements. Spacious layouts with strong rental and value-add potential. Interior photos reflect prior renovation progress and previously improved condition, giving buyers visibility into the property's upside after completion. Property currently requires substantial repair of plumbing and drywal and is being sold AS-IS. Ideal opportunity for investors, rehabbers, landlords, seeking multifamily upside in a rapidly improving area. Property features include: Three spacious 3-bedroom, 1-bath units Large backyard Newer porch Laundry hookups in each unit Separate utilities Strong rental income potential Easy access to downtown, expressways, hospitals, and transportation Recent renovated multifamily properties nearby have sold at significantly higher values. For example, nearby 2-unit property 3107 W. Flournoy St reportedly sold around $575,000 after renovation, highlighting the potential upside for larger multifamily properties in the area. Buyer responsible for verifying room counts, zoning, permits, violations, condition, and redevelopment potential. Property sold AS-IS.
Listed By
Agency Name: Beycome Brokerage Realty LLC
Agency Phone: 804-656-5007
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 2,115.31 per month $1,589.81 Principal & Interest $423.42 Property Tax $102.08 Homeowner's Insurance
3018 W Flournoy Street | MLS# 12652223
This multi-family property located at 3018 W Flournoy Street, Chicago, IL 60612 is currently listed for sale with an asking price of $349,999. W Flournoy Street is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.