Updated 10 Unit Apartment Building in Opportunity Zone

Sold
3600-02 W. Flournoy St.
Chicago, IL 60624
12,000 SF
Multi-Family
« Back to Properties
Photos Map
  • Updated apartment building in the Homan Square neighborhood of Chicago
  • Fully leased apartment building with potential to add value
View on Map
PDF icon Download Brochure

The Details

  • 12,000 SF multi-family building
    • Six 3-bed apartments
    • Three 2-bed apartments
    • 1,000 SF available office
  • Apartments are fully leased
  • Updated with a near gut rehab
  • New kitchens, baths, appliances, floors and windows
  • Individual HVAC and water heater
  • Potential to add laundry
  • Pro Forma NOI: $96,384
  • Land Area: 5,820 SF
  • Zoning: RT-4, part of Midwest TIF

Located in Opportunity Zone

At the corner of Flournoy and Central Park, a 12,000 square foot multi-family building is available for sale. The building features six 3-bed apartments, three 2-bed apartments plus a 1,000 square foot office. All of the apartments are fully leased. The units are fully updated with new kitchens, new bathrooms, new appliances, floors and windows. All of the units are individually metered with individual HVAC units and water heaters. A new owner can add a coin-operated laundry.

Homan Square is a changing neighborhood on the west side of Chicago. Close to I-290, this property is convenient to the CTA as well as Garfield Park.

Related Properties

Price Reduced
Fully leased apartment building for sale in Maywood
Fully Leased 18 Unit Apartment Building in Maywood
1008-12 S. 13th Ave., Maywood, IL 60153
13,800 SF
Multi-Family
Sold