$375,000
$24K PRICE DROP

Estimated payment $2,452/month

Total Views 12,164
9 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Multi-Unit Investment Opportunity - 3018 W Flournoy St, Chicago 3-Unit Building | 9 Beds | 3 Baths Investor's dream! This spacious 3-unit property in Chicago's up-and-coming East Garfield Park neighborhood is a value-add opportunity with a clear path to completion. Featuring 9 bedrooms and 3 bathrooms, this building has recent updates but requires final touches to meet city code compliance. Key Updates & Status: New architectural plans approved City court case inspection passed Plumbing partially passed - final approval needed Open walls for easy access to complete electrical and general construction General construction permit required for final finishes This your chance to add significant value by completing the remaining renovations! Perfect for seasoned investors or developers looking for a high-ROI opportunity. Whether you complete the work and rent out all three units or flip for a quick profit, this property offers strong upside potential in a rapidly appreciating area. Prime location: Minutes from the Eisenhower Expressway (I-290) Close to public transportation, parks, and local amenities Convenient access to the West Loop and downtown Chicago Don't miss this rare opportunity to bring this building to the finish line! Cash or construction loans preferred. Schedule a showing today!

Listing Agent

Yolanda Jeffries

Lux Life Realty LLC License #471021905 Listed on: 03/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,953

Year Built

  • Built in 1888

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Lot

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • 3,049 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,953

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1888
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • List Price: 375000
  • Waterfront: No

Garage/Parking

  • Parking Features: Parking Lot, Garage Faces Side, On Site
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 3125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4953
  • Tax Year: 2022

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $375,000 -6.0% --
06/28/2025 06/28/25 For Sale $399,000 0.0% --
06/02/2025 06/02/25 Off Market $399,000 -- --
04/24/2025 04/24/25 Price Changed $399,000 0.0% --
04/24/2025 04/24/25 For Sale $399,000 -5.5% --
04/11/2025 04/11/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $422,000 +5.8% --
03/07/2025 03/07/25 For Sale $399,000 +146.3% --
11/05/2012 11/05/12 Sold $162,000 -9.5% --
05/29/2012 05/29/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $179,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12307010

Midwest Real Estate Data (MRED)