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    2846 W Flournoy St Chicago, IL 60612

    Sponsored
    For Sale
    $174,900

    MULTI_FAMILY - Chicago, IL

    Days on Market:
    4
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 2846 W Flournoy St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Basement, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 1, Bedroom 3
    Bedrooms
    6
    Bathrooms
    2
    APN
    16133030270000
    Parking
    2
    Parking features
    Owned
    Basement
    Unfinished, Full

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas

    Building Details

    Year built
    1895
    Building materials
    Brick

    RE/MAX Legends (708) 655-5000 [email protected]

    Listing agent Edgardo Guerrero (312) 465-9778

    Listing date Jan 7, 2026

    MLS# 12540803 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Garfield Park Multifamily Opportunity

    Located in East Garfield Park, Chicago, this multifamily building presents a renovation opportunity. The solid brick structure is situated on a Chicago street and is suitable for redesign. It is suited for a value-add investor, experienced renovator, or owner-occupant. The surrounding area features new construction and recent renovations. The property is positioned in a neighborhood experiencing revitalization. The building is suited for long-term rentals, a house-hack setup, or future resale. The location provides access to major corridors, public transportation, parks, and neighborhood amenities. The property is sold as-is, with cash or rehab financing preferred. This property is located in a growth zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.697906
    Latitude
    41.873123

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily building in up-and-coming East Garfield Park, Chicago.
    Where is this multifamily property located?
    The property is located at 2846 W Flournoy St Chicago, IL.
    What is the asking price?
    The asking price for this property is $174,900.
    What are key features of this property?
    This property features: - Total gut rehab opportunity in East Garfield Park, allowing for complete customization.; - Located in a rapidly revitalizing area with new construction and renovations.; - Solid brick multifamily building, offering a durable structure.
    (312) 465-9778
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2846 W Flournoy St Chicago, IL 60612
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