3721 W Flournoy Street Chicago, IL $ 1,500,000
3721 W Flournoy Street
$ 1,500,000
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3721 W Flournoy Street

Chicago, IL, 60624
$ 1,500,000
Bedrooms1 Baths0.0 Sq 13,515

Monthly Estimate*

$ 9,471

3721 W Flournoy Street, Chicago, IL 60624 - Image 1
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Multi-Family Home for sale in Chicago, IL

for $1,500,000 with 1 bedroom. This 13,515 square foot home was built in 1926 on a lot size of 0.15.

Excellent investment opportunity to acquire a 15-unit multifamily property at 3721-3725 W Flournoy St as part of a 51-unit portfolio package with the companion 36-unit property at 1217-1225 S Independence Blvd. Properties are being offered together as a package and are not intended to be sold separately. Flournoy is listed at $1,500,000 and Independence at $3,600,000, representing a combined portfolio price of $5,100,000. The property offers investors an opportunity to acquire an income-producing multifamily asset with additional potential through occupancy and operational improvements. Convenient Chicago location with access to public transportation, major thoroughfares and neighborhood amenities. Financial information and additional property details are available to qualified buyers. Package sale provides an opportunity to acquire 51 units across two multifamily properties in one transaction.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 16,008

Style

Multi-Family

Lot Size

0.15

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12735546

Features
General
Possession Tenant's Rights
Zoning MULTI
Association Fee Includes None
Year Built 1926
Tenant Pays Electricity
Stories Count 3
Tax Year 2023
Current Use Multi-Family
Gross Income 259200
County Cook
Net Operating Income 94072
Operating Expense 126248
Insurance Expense 31199
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 12563
Possible Use Multi-Family
Status New
Directions Pulaski Rd to Flournoy St east on Flournoy St to property
City Chicago
Number Of Units Total 15
MLS Area CHI - East Garfield Park
Lot Size Square Feet 6687
Tax Annual Amount 16008
Electric Expense 2223
Fuel Expense 16223
Trash Expense 4046
Water Sewer Expense 13698
Ok to Lease 12 Months Month To Month
Additional Parcels Y/N N
Standard Status Active
Cap Rate 6.27
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Exterior
Building Area Total 13515
Lot Dimensions 6687 sq ft
Lot Size Acres 0.15
Frontage Type City Street Paved
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* Excluded Features
List By
Exit Infinity Realty

Broker

bchampton1111@hampton-living.com

Email

Affordability Calculator

$10,805
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$1,334
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/8/2026$1,500,000 Listed Price

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3721 W Flournoy Street, Chicago, IL, 60624 is a Multi-Family Home for sale at $1,500,000 with 13,515 sqft and a lot size of 0.15. 3721 W Flournoy Street has 1 bedrooms, 0.0 baths, and was built in 1926. The property's zip code is 60624 which is in Chicago, IL