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Three-Unit Greystone Building
For Sale
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3430 W Flournoy Street, Chicago, IL 60624

Cleared interior provides buyers with access for redevelopment planning.

Property SizeContact for details
Days on Market138

Property Features for 3430 W Flournoy Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Year Built 1905
Buildings 1
Construction Greystone
Listing Agency: 24 Hour Real Estate
Listed By: German Llanos · License #IL 3214862
Source: Crexi
Added: Apr 18 Changed: Aug 31 Last Checked: Aug 29 at 4:39PM

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 24 Hour Real Estate

Investment Insights

Based on property information with market context.

Built in 1905, this Chicago Greystone is legally zoned for three units and is being offered as a redevelopment project. The interior has been cleared following prior distress, giving buyers direct access to evaluate the existing building and plan future improvements. The property is sold as-is, with no survey provided and room counts and dimensions estimated.

Located at 3430 W Flournoy Street in Chicago’s North Lawndale area, the property is positioned within a neighborhood described as experiencing redevelopment efforts and new housing initiatives. Its three-unit configuration and cleared interior create a defined starting point for a buyer undertaking a renovation or reconstruction plan.

Key Highlights

  • Legally zoned 3‑unit building
  • 1905 Chicago Greystone construction
  • Interior has been cleared for redevelopment planning

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Kitchen & Bath Showroom Computer & Electronic Repair Real Estate Agency Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

955
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Cleared interior provides buyers with access for redevelopment planning.
Where is this triplex located?
The property is located at 3430 W Flournoy Street Chicago, IL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Legally zoned 3‑unit building; 1905 Chicago Greystone construction; Interior has been cleared for redevelopment planning
(847) 962-0923 Call to check price and availability
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