3018 W Flournoy Street, Chicago, IL 60612
- $349,999
- $495,000
Description
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.
- Listing Courtesy of: Beycome Brokerage Realty LLC
Details
Updated on June 28, 2026 at 6:26 pm-
Property ID MRD12652223
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Price $349,999
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Bedrooms 9
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Year Built 1888
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Property Type Multi Family
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Property Status Active
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Parking Total 4
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Parcel Number 16133010310000
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Water Source Public
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Sewer Public Sewer
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MLS Status Active
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Days On Market 40
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Cumulative Days On Market 386
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Tax Annual Amount 5081
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Heating Natural Gas
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Parking Features Off Site
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Directions Drive east on West Madison St. Right to South Sacramento Bld. Turn right. Property is on the left.
Address
Open on Google Maps- Address 3018 W Flournoy Street
- City Chicago
- State/county IL
- Zip/Postal Code 60612
- Country United States
Overview
- Multi Family
- 9
- 1888
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