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$339,000

Est. payment - /mo

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5 Beds

2 Baths

871 Sqft Lot

Active Under Contract

3509 W Franklin BLVD Chicago, IL 60624

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12350218

Bedrooms 5

Year Built 1915

Annual Tax Amount $4,443

Tax Year 2023

Lot Size 871 Sqft

Lot Dimensions 30X 176

Property Sub-Type Two to Four Units

Property Description

All-brick 2-flat perfectly positioned between Humboldt Park and East Garfield Park, offering strong rental upside and value-add potential. Needs work. Located near Franklin Blvd, walking distance to the East Garfield Park Conservatory, with easy access to the Green Line and 290 Expressway - a prime location for tenants and future resale. The first floor features a stable, long-term tenant in a 2-bedroom, 1-bath unit. The second floor is a 3-bedroom, 1-bath unit with some modern upgrades including quartz countertops, stainless steel appliances, a renovated bathroom, front deck, and in-unit laundry. Both units have separate utilities, reducing landlord expenses. Basement was professionally dug out with initial framing complete. A furnace is included, offering the opportunity to finish the basement for additional rental income, in-law arrangement, or duplex down configuration. Perfect for buy-and-hold investors or value-add players looking to increase cash flow and equity. Property is SOLD AS-IS. Multiple offers received. Highest and Best please. Due Monday May 5th at 5pm.

Location

State IL

County Cook

Area Chi - Humboldt Park

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Balcony

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Laura Ward Elementary School

High Schools Orr Community Academy High Schoo

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Sebastian Hernandez • Dream Town Real Estate

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106