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3018 W Flournoy St, Chicago, IL, 60612

9beds
3baths
--sqft
$349,999
--price/sqft
$2,533/moest. monthly cost
$101,320/yrincome needed

About This Home

Large brick 3-unit investment opportunity with major upside potential. Property previously underwent extensive renovation work including updated kitchens, bathrooms, refinished hardwood floors, recessed lighting, newer HVAC systems, updated mechanicals, newer appliances, and exterior improvements. Spacious layouts with strong rental and value-add potential. Interior photos reflect prior renovation progress and previously improved condition, giving buyers visibility into the property's upside after completion. Property currently requires substantial repair of plumbing and drywal and is being sold AS-IS. Ideal opportunity for investors, rehabbers, landlords, seeking multifamily upside in a rapidly improving area. Property features include: Three spacious 3-bedroom, 1-bath units Large backyard Newer porch Laundry hookups in each unit Separate utilities Strong rental income potential Easy access to downtown, expressways, hospitals, and transportation Recent renovated multifamily properties nearby have sold at significantly higher values. For example, nearby 2-unit property 3107 W. Flournoy St reportedly sold around $575,000 after renovation, highlighting the potential upside for larger multifamily properties in the area. Buyer responsible for verifying room counts, zoning, permits, violations, condition, and redevelopment potential. Property sold AS-IS.

Getting Around

69
WalkingSomewhat Walkable
72
TransitExcellent Transit
64
BikeBikeable

Schools

Construction

Condition

  • Year built: 1888

Materials

  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2020

Type & Style

  • Home type: Condo
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Partial

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 16133010310000
  • Special condition: Standard

Lot

  • Lot size: 10,000 sqft
  • Lot size dimensions: 100x100

Parking

  • Total spaces: 4
  • Parking features: Off Site

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$130$1,560
Property Taxes $504$6,048
Electricity $130$1,569
Total$2,533$30,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,845/yr
40% on housing$75,990/yr
45% on housing$67,546/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60612$322
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60612$361
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-16Price change$349,999
2026-05-19Listed for sale$495,000
2026-02-12Listing removed$290,000
2025-12-08Listed for sale$290,000
2025-11-29Contingent$290,000
2025-11-26Listed for sale$290,000
2025-11-22Contingent$290,000
2025-10-14Listed for sale$290,000
2025-09-19Contingent$290,000
2025-09-03Price change$290,000
2025-07-10Price change$375,000
2025-06-28Listed for sale$399,000
2025-06-02Listing removed$399,000
2025-04-24Listed for sale$399,000
2025-04-11Contingent$422,000
2025-04-11Price change$422,000
2025-03-08Listed for sale$399,000
2022-04-13Sold$255,000
2015-03-25Listing removed$1,200
2015-02-16Listed for rent$1,200
2012-11-07Listing removed$179,000
2012-11-05Sold$162,000
2012-04-27Listed for sale$179,000
2005-02-15Sold$230,000

For Sale by Agent

AgentJeffrey Sklar
BrokerageBeycome Brokerage Realty LLC

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