3430 W Flournoy Street

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3430 W Flournoy Street

Chicago, IL 60624
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is located at 3430 W Flournoy Street in Chicago.
  • This asset is classified as a multifamily apartment building.
  • The building is positioned within the West Garfield Park neighborhood.
  • It offers housing potential in a central urban metropolitan market.
  • The site provides access to Chicago public transit and infrastructure.

What's Special

3430 W Flournoy Street is a multifamily apartment building situated in the West Garfield Park neighborhood of Chicago. This asset serves as a functional residential investment within a dense urban landscape, benefiting from the city's robust public transit infrastructure and proximity to major employment hubs in the downtown core. The property provides a residential housing solution in a neighborhood that has seen evolving demand for rental inventory. Investors looking for value-add potential or portfolio expansion in the Chicago market may find this asset suitable for various management strategies. Given the established nature of the local housing stock, this building functions as a consistent dwelling option for residents needing access to the larger metropolitan area. Its strategic location allows for connectivity to regional thoroughfares and public transportation networks essential for urban commuting. As Chicago continues to maintain its status as a diverse economic engine in the Midwest, multi-family residential assets in this submarket remain a key component of the local real estate ecosystem.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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