2839 W Flournoy Street, Chicago, IL 60612

Property Description

2839 W Flournoy St - East Garfield Park (RT-4 lot): Classic 25125 (~3,125 sf) city lot with RT-4 zoning-simple rule of thumb: about 1 dwelling per 1,000 sf of lot area and ~1.2 FAR (on this site, think up to ~3 units and ~3,750 sf buildable; buyer to verify with the City). Outstanding development upside for a 2-3-flat or small multi-unit hold/build-for-sale, surrounded by investment and minutes to the Green Line, I-290, Garfield Park Conservatory, and the United Center/West Loop growth corridor. Recent nearby multi-unit sales (1 mile, last 12 months) underscore exit potential: 3341 W Fulton Blvd ($707K), 2418 W Arthington St ($580K), 4139 W Gladys Ave ($510K), 3318 W Walnut St ($450K), 2819 W Jackson Blvd ($440K), and 25 S Albany Ave ($435K). Bring your architect-straightforward zoning, real comps, and a prime East Garfield Park location make this an excellent infill play.

Listing Status:

Active

Listing Office:

Straight-A Realty, LLC : 708-743-0043

Listing Agent:

Michael Applegate : 708-743-0043

MLS ID:

12520066

Exterior

• Parking: Parking spaces: 0

Location

• Road/Access: AsphaltCity Street
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI16133070090000
• Current Use: Multi-Family

Utilities

• Utilities: Electricity NearbyNatural Gas Nearby
• Water: Municipal Water

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Michael Applegate, Straight-A Realty, LLC