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    3240 S Parnell Ave Chicago, IL 60616

    For Sale
    $379,000

    Residential Income, Traditional - Chicago, IL

    Days on Market:
    22
    Last Refresh:
    Dec 12 at 12:06 pm

    Property Features for 3240 S Parnell Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    17331120350000
    Parking
    2

    Utilities

    Heating system
    Natural Gas, Space Heater

    Building Details

    Year built
    1883
    Roof type
    Asphalt
    Architectural style
    New Traditional

    RE/MAX City (773) 775-0600 [email protected]

    Listing agent Jack Stempien (773) 775-0600 License #475122921

    Listing date Nov 21, 2025

    MLS# 12522311 Listing URL

    Copyright © 2025 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

    Bridgeport Two-Unit Building Opportunity

    This two-unit building presents an opportunity for investors in the Bridgeport area of Chicago. The property features a brick exterior and a large deck on the second floor, along with a two-car garage. Each unit includes two bedrooms, a separate living room and dining room, a kitchen, and a spacious bathroom. An enclosed back porch offers the potential for conversion into an office or an additional bedroom. Situated on a quiet, residential street, the building is located within walking distance of Comiskey Park, home of the White Sox. The property is being sold in its current 'as is' condition and is awaiting renovation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Piraino Enterprises Website Designer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6404706
    Latitude
    41.8350868

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    FAQs

    What type of property is this?
    Duplex - Two-unit building in Bridgeport near Comiskey Park, needs renovation.
    Where is this duplex located?
    The property is located at 3240 S Parnell Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: - Two-unit building in the highly sought-after Bridgeport area.; - Opportunity for renovation and increased property value.; - Two-car garage included.
    (773) 775-0600
    Request Owner's contact information
    3240 S Parnell Ave Chicago, IL 60616
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    Chicago, IL 60616
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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
    3240 S Parnell Ave Chicago, IL 60616
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