About The Property

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.
Courtesy of CMG Realty & Property Management LLC [email protected]
Listing Snapshot
Days Online
127
Last Updated
Property Type
Two To Four Units
Beds
9
Lot Size
0.07 Acres
Year Built
1916
MLS Number
12466375
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Additional Details

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Appliances & Equipment
Equipment: "CO Detectors", "Ceiling Fan(s)"
Basement
"Finished", "Exterior Entry", "Full", "Walk-Out Access"
Building
Architectural Style: "American 4-Sq.", Construction Materials: "Brick", Built in 1916, Rebuilt: No
Exterior Features
Patio: "Porch"
Heating
"Natural Gas", "Forced Air"
Lot
0.07 acres, Dimensions: 25X125
Parking
Parking included in price, Parking Total: 2, "Driveway", "Alley Access", "Yes", "Owned"
Property
Zoning: MULTI
Roof
"Flat"
Sewer
"Public Sewer"
Utilities
Water Source: "Public"
Taxes
Annual Taxes: $3,599, Year: 2023
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