Lisa Lynes
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
3119 W Flournoy St - East Garfield Park (RT-4 Lot): Located in the path of growth in East Garfield Park, this 3,125 sq ft (25 x 125) RT-4 zoned Chicago lot at 3119 W Flournoy St offers straightforward development potential for builders and investors looking to capitalize on Chicago's strong small-multi market. RT-4 zoning generally supports approximately one dwelling unit per 1,000 sq ft of lot area, making this site well suited for a 3-unit building with roughly 3,700+ sq ft of buildable space (buyer to verify with the City of Chicago). The exit story is supported by strong nearby multi-unit sales including 3341 W Fulton Blvd ($707K), 741 N Christiana Ave ($570K), 653 N Lawndale Ave ($565K), and 3849 W Maypole Ave ($492K), demonstrating solid demand for well-executed small multi-unit product in this pocket. The property sits near the CTA Green Line, I-290, Garfield Park Conservatory, and the expanding United Center/West Loop growth corridor, where developers continue pushing west in search of attainable land and strong resale potential. The seller has sold several development lots in this immediate area over the past 60 days, and this is one of the last remaining parcels from the portfolio-secure it now while opportunities like this are still available and bring your architect to start planning.
Property Highlights
Property Type: Land - Residential
Total Acres: 0.07 Acres
Utilities: Electricity Nearby, Natural Gas Nearby
General Information
County: Cook
Listed By:
Straight-A Realty, LLC
630-288-2446
MRED MLS
MLS ID: 12582744
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3119 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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