2852-54 W Flournoy Street, Chicago, IL 60612

Property Description

Two side-by-side RT-4 lots in East Garfield Park totaling ~6,250 sf (25X125 each)-a rare, affordable canvas for serious builders. RT-4 generally supports about 1 dwelling per 1,000 sf of lot area with ~1.2 FAR-on this double site that pencils to ~6 units and ~7,500 sf of buildable floor area (buyer to verify with the City). Think twin 3-flats, a compact 6-unit walk-up, or a for-sale townhome row with rental upside. The exit math is supported by high multi-unit sales within ~1 mile in the last 12 months-3341 W Fulton Blvd ($707K, 7/23/25), 2418 W Arthington St ($580K, 9/11/25), 4139 W Gladys Ave ($510K, 7/31/25), 3318 W Walnut St ($450K, 7/2/25), 2819 W Jackson Blvd ($440K, 7/25/25), and 25 S Albany Ave ($435K, 5/19/25)-underscoring strong disposition paths for new product. Prime West Side location near the Green Line, I-290, and the United Center/West Loop growth corridor-bring your architect and capitalize on neighborhood momentum.

Listing Status:

Active

Listing Office:

Straight-A Realty, LLC : 708-743-0043

Listing Agent:

Michael Applegate : 708-743-0043

MLS ID:

12482302

Exterior

• Parking: Parking spaces: 0

Location

• Road/Access: AsphaltCity Street
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI16133030240000
• Current Use: Multi-Family

Utilities

• Utilities: Electricity NearbyNatural Gas Nearby
• Water: Municipal Water

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Michael Applegate, Straight-A Realty, LLC