Lisa Lynes
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
3041 W Flournoy St - East Garfield Park (RT-4 Lot): Excellent infill opportunity in East Garfield Park with this 3,125 sq ft (25 x 125) RT-4 zoned development lot at 3041 W Flournoy St, offering clean development math for builders looking to deliver new small-multi housing in a neighborhood gaining steady momentum. RT-4 zoning typically allows approximately one dwelling unit per 1,000 sq ft of lot area, making the site ideal for a 3-unit building with roughly 3,700+ sq ft of buildable space (buyer to verify with the City of Chicago). Nearby multi-unit sales help support a strong resale story including 3341 W Fulton Blvd ($707K), 741 N Christiana Ave ($570K), 653 N Lawndale Ave ($565K), and 3849 W Maypole Ave ($492K), illustrating clear demand for new construction and renovated multi-unit buildings in the area. Ideally located near the Green Line, I-290, Garfield Park Conservatory, and the broader United Center/West Loop growth corridor, the area continues to attract developers seeking affordable land with strong upside. The seller has already moved multiple lots in the neighborhood over the past two months, and this is one of the final opportunities remaining-bring your architect and secure the site now before the next wave of development pushes land prices higher.
Property Highlights
Property Type: Land - Residential
Total Acres: 0.07 Acres
Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby
General Information
County: Cook
Listed By:
Straight-A Realty, LLC
630-288-2446
MRED MLS
MLS ID: 12582746
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3041 W Flournoy Street, Chicago, IL 60612.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $39,900 | $39,900 | $39,900 |
| Down Payment | $7,980 | $1,397 | $9,975 |
| Monthly Mortgage Amount | $184 | $226 | $239 |
| Taxes | $56 | $56 | $56 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $18 | $0 |
| Monthly Estimated Total | $340 | $400 | $395 |
Lisa Lynes
REALTOR®
Cell: (319) 330-5077
Licensed in IA
Iowa City Office
1075 Highway 1 West
Iowa City, IA 52246
(319) 351-7845
Iowa City, IA 52246
(319) 351-7845
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