$699,000

3037 Bright Street, Franklin Park, IL 60131

  • 3,201 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $218/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Legacy-Owned 6-Unit Investment Opportunity! This well-maintained, value-add building has been owned by the same family for over 50 years and features five 1-bedroom/1-bathroom units and one unit currently operating as a church with a half bath. All units are month-to-month, offering flexibility for repositioning or rent increases-comparable rents are significantly higher, making this a rare upside opportunity. Tenants pay electric. Property includes hot water heat, six assigned parking spaces, and a village inspection report available for review. A true generational asset-ideal for investors looking to modernize and capitalize on under-market rents in a strong suburban location.

Listing Status:
Active
Listing Office:
Compass : 331-642-8389
Listing Agent:
Tom Makinney : 331-642-8389
MLS ID:
12378114
  • Basement: UnfinishedConcreteStorage Space
  • A/C: None
  • General: Concrete Perimeter
  • Originating MLS: mred
  • County: Cook
  • Zoning: MULTI12292100020000
  • Source: mred

This listing courtesy of Tom Makinney, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Leyden High School

1000 N Wolf Rd, Northlake, IL, 60164

Grades 9-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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