3018 W Flournoy Street, Chicago, IL

$349,999

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9

Beds

About 3018 W Flournoy Street

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.

Features of 3018 W Flournoy Street

MLS® # 12652223
Price $349,999
Bedrooms 9
Bathrooms 0.00
Year Built 1888
Type Residential Income
Sub-Type Two to Four Units
Status Active
Taxes $5,081

Community Information

Address 3018 W Flournoy Street
Area CHI - East Garfield Park
City Chicago
County Cook
State IL
Zip Code 60612

Amenities

Parking Spaces 4
Parking Off Site
Is Waterfront No
New Construction No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Partial

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 102
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBeycome Brokerage Realty LLC

Listing Map

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