3509 W Franklin BLVD new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60624
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
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