Franklin Park, IL 60131,3037 Bright ST
Franklin Park, IL 60131,3037 Bright ST
Franklin Park, IL 60131,3037 Bright ST
Franklin Park, IL 60131,3037 Bright ST
Franklin Park, IL 60131,3037 Bright ST
Franklin Park, IL 60131,3037 Bright ST
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Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 699,000
Est. payment | /mo

3,201 SqFt


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$ 699,000
Est. payment | /mo
Save

3,201 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,201 sqft

Price per Sqft $218

MLS Listing ID 12378114

Year Built 1963

Annual Tax Amount $11,267

Tax Year 2023

Lot Dimensions 100X50

Property Sub-Type Multi Family 5+

Property Description

Legacy-Owned 6-Unit Investment Opportunity! This well-maintained, value-add building has been owned by the same family for over 50 years and features five 1-bedroom/1-bathroom units and one unit currently operating as a church with a half bath. All units are month-to-month, offering flexibility for repositioning or rent increases-comparable rents are significantly higher, making this a rare upside opportunity. Tenants pay electric. Property includes hot water heat, six assigned parking spaces, and a village inspection report available for review. A true generational asset-ideal for investors looking to modernize and capitalize on under-market rents in a strong suburban location.

Location

State IL

County Cook

Area Franklin Park

Zoning MULTI

Rooms

Basement Unfinished, Concrete, Storage Space

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Tom Makinney • Compass
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agent
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

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3037 Bright ST