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All-Brick 3-Flat with Garage
For Sale
Under Contract
$579,900

3241 S Parnell Avenue, Chicago, IL 60616

MULTI_FAMILY - Chicago, IL

Days on Market54

Property Features for 3241 S Parnell Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 1, Bedroom 4, Basement, Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3
Parking 2
Parking features Garage
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions 32nd st East or West to Parnell South to property
Subdivision CHI - Bridgeport
Standard status Active Under Contract
APN 17331130210000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 8446

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1888
Building materials Brick
Listing Agency: Coldwell Banker Stratford Place · Coldwell Banker Real Estate
Listed By: Nick Pontarelli · License #475172672
Added: Jun 9 Changed: Jul 28 Last Checked: Aug 1 at 8:06AM
MLS# 12668047

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.

Investment Insights

Based on property information with market context.

This all-brick 3-flat is arranged as three separate residences, including one 3-bedroom apartment, one 2-bedroom apartment, and one 1-bedroom apartment. The building also features a 2½-car garage and a large attic space. Public remarks indicate the attic may be annexed to the top-floor unit, offering an option to expand the upper living space.

The property is located in Bridgeport, with convenient access described to shopping, restaurants, entertainment, parks, public transportation, and major expressways. That mix of day-to-day amenities and transportation access can support tenants who prefer neighborhood convenience alongside regional connectivity.

For buyers considering an investment or owner-occupancy strategy, the current unit mix provides multiple ways to allocate space while maintaining separate rental opportunities. The garage and attic expansion option add practical utility for tenants and homeowners alike, and the remarks reflect consistent maintenance throughout the building. This is a for-sale multifamily offering at 3241 S Parnell Avenue in Chicago.

Key Highlights

  • All‑brick 3‑flat with a versatile unit mix: one 3‑bedroom unit, one 2‑bedroom unit, and one 1‑bedroom unit
  • Year built 1888; heated with natural gas
  • Includes a 2.5‑car garage for parking

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,407
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained three-unit property with a 2½-car garage and a unit mix that supports flexible living and renting.
Where is this triplex located?
The property is located at 3241 S Parnell Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: All‑brick 3‑flat with a versatile unit mix: one 3‑bedroom unit, one 2‑bedroom unit, and one 1‑bedroom unit; Year built 1888; heated with natural gas; Includes a 2.5‑car garage for parking
More about this property
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