3037 Bright Street, Franklin Park, IL

$699,000

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About 3037 Bright Street

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.

Features of 3037 Bright Street

MLS® # 12378114
Price $699,000
Bathrooms 0.00
Acres 0.00
Year Built 1963
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 3037 Bright Street
Area Franklin Park
City Franklin Park
County Cook
State IL
Zip Code 60131

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement Yes
Basement Unfinished, Concrete, Storage Space

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 135
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass
Contact Info630-974-6750

Listing Map

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