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About This Home

This 9-bedroom, 3-bathroom residential multi family at 3018 W Flournoy Street in Chicago, IL is listed for $495,000. Built in 1888, on a N/A lot.

Agent 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 repair completion.

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 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.

Key Features

  • Built in 1888
  • 4 parking spaces

Property Details

3 full
4 spaces
1888

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

3018 W Flournoy Street

Chicago, IL 60612

Property Details

Construction

Brick

Parking

Offsite

Heating

Natural Gas

Questions & Answers

This 9-bedroom, 3-bathroom residential multi family at 3018 W Flournoy Street is listed at $495,000. The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.

Key features include: Built in 1888, 4 parking spaces.

This property is listed by Jeffrey Sklar and can be reached at (804) 656-5007 or broker@beycome.com.

JS

Jeffrey Sklar

Agent at Beycome Brokerage Realty LLC

(804) 656-5007

Listed by Beycome Brokerage Realty LLC · View on Broker Site

MLS# 12652223· Source: listhub· Updated 13 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3018 W Flournoy Street, Chicago, IL 60612

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