1. Home
  2. > Search
  3. > Homes for Sale in East Garfield Park
  4. > 3600 W Flournoy Street, Chicago, IL 60624
$815,000

3600 W Flournoy Street
Chicago, Illinois 60624

Closed / MLS #11776378 / Multiple Family / East Garfield Park
Listing information updated 8/6/2024 at 6:03am
3600 W. Flournoy is a nine (9) unit walk-up located in Chicago's Homan Square neighborhood. The property is located just one (1) block from the I-290 Express and just two (2) blocks from Chicago's Blue Line "El" train station at Kedzie-Homan, which both provide tenants a quick and easy commute to Chicago's downtown (roughly 10 minutes.) 3600 W. Flournoy is comprised of six (6) 3bd/1ba units and three (3) 2bd/1ba units, all of which are incredibly spacious boasting over 1,000 square feet of living space. All of the units have been gut-renovated and equipped with updated kitchens and baths. Recent capital improvements to the building consist of, but not limited to: a new 1200 amp electric service with in unit breaker boxes, in-unit and separate furnaces and hot water tanks, new windows, updated copper plumbing, and a new porch. 3600 W. Flournoy provides an investor with a unique opportunity to acquire a stabilized and strong cash flowing asset in Chicago's desirable pocket of Homan Square. From day one, a new owner will capitalize on an incredibly strong, subsidized tenant base, and will realize an in place cap rate of 8.04% and a cash-on-cash return of nearly 12%. Additionally, an assumable loan is available with a 4.375% interest rate, 1/1/2026 maturity date, $551,863 principal balance.
Water Front:
No
Square Feet:
N/A
Built:
1925
Stories:
3
Current Net Income:
$67,562
Unit 1:
6 room(s) / 3 bed(s) / 1 bath(s)
Unit 2:
5 room(s) / 2 bed(s) / 1 bath(s)
Tax Amount:
$15,698
Tax Year:
2021
Zip Code:
60624
City:
Chicago
County:
Cook

Listing Office: Kiser Group Realty Inc

Listing Office Phone: 773.293.5000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/6/2024 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

CTA

CTA
Blue line at Pulaski
CTA
Green line at Conservatory / Central Park Drive
CTA
Pink line at Kedzie
$300,976
Average Sale Price
106
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 3600 W Flournoy Street, Chicago, IL 60624
Mortgage Calculator

Not quite what you are looking for?

Similar listings for sale near 3600 W Flournoy Street, Chicago, IL 60624

Like the area?

More homes for sale near 3600 W Flournoy Street, Chicago, IL 60624

New Listings in East Garfield Park, IL

Recently Sold Homes in East Garfield Park, IL

Nearby Homes for Sale

3600 W Flournoy Street, Chicago, IL 60624 is a multiple family which sold for $815,000. This multiple family has been listed on @properties Christie's International Real Estate since May 3rd, 2023 and was built in 1925. The nearest transit stops include Pulaski CTA Blue line.

Mortgage Calculator