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East Garfield Park RT-4 Lot
For Sale
$849,000

3041 West Flournoy Street, Chicago, IL 60612

Classic Chicago lot with RT-4 zoning in terrific infill location.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market150

Property Features for 3041 West Flournoy Street

General Information

Standard status Active
Total Parking Spaces 3
Lot size 0.07 Acres
Property subtype Two to Four Units / 3 Flat

Taxes and HOA fees

Annual Taxes $914

Building Details

Year Built 2025
Listing Agency: Straight-A Realty, LLC
Listed By: Michael Applegate · License #471020131
Source: Compass
Added: Mar 13 Changed: Aug 8 Last Checked: Jul 16 at 6:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Straight-A Realty, LLC

Investment Insights

Based on property information with market context.

Located in East Garfield Park, this classic Chicago lot at 3041 W Flournoy St offers 3,125 square feet with RT-4 zoning. According to the listing, this zoning allows for roughly one dwelling per 1,000 square feet and a Floor Area Ratio (FAR) of approximately 1.2, potentially supporting up to three units and approximately 3,750 square feet of buildable space; however, the buyer should verify these details with the City. The property benefits from its infill location near the Green Line, I-290, and the Garfield Park Conservatory. It is also situated near the United Center/West Loop growth corridor. The listing highlights strong multi-unit sales in the vicinity within the last 12 months, including properties at 3341 W Fulton Blvd ($707,000), 2418 W Arthington St ($580,000), 4139 W Gladys Ave ($510,000), 3318 W Walnut St ($450,000), 2819 W Jackson Blvd ($440,000), and 25 S Albany Ave ($435,000). This land offers clear development pathways.

Key Highlights

  • RT‑4 zoning allows for multi‑unit development with potential for ~3 units, ~3,750 sf buildable (buyer to verify).
  • Classic Chicago lot size at ~3,125 sf.
  • Terrific infill location near Green Line and I‑290.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office HVAC Service Computer & Electronic Repair Skin Care Clinic Accounting Firm Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

8,314
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Classic Chicago lot with RT-4 zoning in terrific infill location.
Where is this residential land & home lot located?
The property is located at 3041 West Flournoy Street Chicago, IL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: RT‑4 zoning allows for multi‑unit development with potential for ~3 units, ~3,750 sf buildable (buyer to verify).; Classic Chicago lot size at ~3,125 sf.; Terrific infill location near Green Line and I‑290.
More about this property
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