IL > Franklin Park
Franklin Park, IL 60131,3037 Bright ST
Franklin Park, IL 60131,3037 Bright ST
Franklin Park, IL 60131,3037 Bright ST
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$699,000
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3,201 SqFt
Active

3037 Bright ST Franklin Park, IL 60131

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,201 sqft

Price per Sqft $218

MLS Listing ID 12378114

Year Built 1963

Annual Tax Amount $11,267

Tax Year 2023

Lot Dimensions 100X50

Property Sub-Type Multi Family 5+

Property Description

Legacy-Owned 6-Unit Investment Opportunity! This well-maintained, value-add building has been owned by the same family for over 50 years and features five 1-bedroom/1-bathroom units and one unit currently operating as a church with a half bath. All units are month-to-month, offering flexibility for repositioning or rent increases-comparable rents are significantly higher, making this a rare upside opportunity. Tenants pay electric. Property includes hot water heat, six assigned parking spaces, and a village inspection report available for review. A true generational asset-ideal for investors looking to modernize and capitalize on under-market rents in a strong suburban location.

Location

State IL

County Cook

Area Franklin Park

Zoning MULTI

Rooms

Basement Unfinished, Concrete, Storage Space

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tom Makinney • Compass

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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