About This Home

This 5-bedroom, 2-bathroom residential multi family at 3318 W Flournoy Street in Chicago, IL is listed for $325,000. Built in 1901, on a N/A lot.

Key Features

  • Built in 1901
  • 2 parking spaces

Property Details

2 full
2 spaces
1901
Listing Description

**Great Investment Opportunity Just Minutes from Downtown Chicago!** Discover the potential of this spacious **Brick Greystone two-unit property**, ideal for investors and owner-occupants looking to build equity or expand their real estate portfolio! This beautiful Chicago Greystone offers generous living spaces and extra-large bedrooms on both levels.

The **second-floor unit features 3 bedrooms and 1 bathroom**, while the **first-floor unit offers 2 bedrooms and 1 bathroom with a duplex layout connecting to the unfinished basement**. Bring your vision and creativity to the basement, offering exciting possibilities for future improvements and customization, subject to applicable building codes and approvals.

**Both units are currently vacant**, giving the next owner the flexibility to move right in, establish rental income, or make improvements to maximize the property's potential. The spacious, open backyard offers additional possibilities for a newly constructed garage, concrete parking slab, or outdoor entertainment space.

Conveniently located with access to downtown Chicago, major expressways, shopping, dining, and public transportation. Whether you're a seasoned investor looking to expand your portfolio or an owner-occupant interested in house hacking, this **Chicago Greystone** offers space, character, flexibility, and outstanding value-add potential. **Bring your ideas, explore the possibilities, and make this investment your own!**

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

3318 W Flournoy Street

Chicago, IL 60624

Property Details

Construction

Brick

Parking

Owned

Heating

Natural Gas

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 3318 W Flournoy Street is listed at $325,000. The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1901, 2 parking spaces.

This property is listed by Brian Thomas.

BT

Brian Thomas

Agent at Kale Realty

Listed by Kale Realty · Broker phone: (312) 939-5253 · View on Broker Site · Broker website

MLS# 12776067· Source: Midwest Real Estate Data, LLC· 27 days on PropertySimple

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.

3318 W Flournoy Street, Chicago, IL 60624

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