All-brick 2-flat perfectly positioned between Humboldt Park and East Garfield Park, offering strong rental upside and value-add potential. Needs work. Located near Franklin Blvd, walking distance to the East Garfield Park Conservatory, with easy access to the Green Line and 290 Expressway - a prime location for tenants and future resale. The first floor features a stable, long-term tenant in a 2-bedroom, 1-bath unit. The second floor is a 3-bedroom, 1-bath unit with some modern upgrades including quartz countertops, stainless steel appliances, a renovated bathroom, front deck, and in-unit laundry. Both units have separate utilities, reducing landlord expenses. Basement was professionally dug out with initial framing complete. A furnace is included, offering the opportunity to finish the basement for additional rental income, in-law arrangement, or duplex down configuration. Perfect for buy-and-hold investors or value-add players looking to increase cash flow and equity. Property is SOLD AS-IS. Multiple offers received. Highest and Best please. Due Monday May 5th at 5pm.
Property Map
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Property Details
Utilities
Heating Natural Gas, Forced Air
Cooling
Water Public
Sewer Public Sewer
Additional Information
Exterior Features
Balcony
Parking
3 Parking Spaces, On Site, Owned, Parking included in price
Schools
Orr Community Academy High Schoo (299), Laura Ward Elementary School (299)
Payment Calculator
Listing History
05-01-2025
Listed at $339,000
05-07-2025
Status changed to Under Contract
Last Modified 5/7/25 4:56 PM
Nearby Transportation
Bus 82
0.1 mi
Bus 52
0.4 mi
Bus 66
0.4 mi
Bus 20
0.6 mi
Bus 53
0.6 mi
Bus 65
0.6 mi
Bus 94
0.6 mi
Bus 126
0.8 mi
Bus 70
0.9 mi
Bus 7
1.0 mi
Union Pacific West
0.4 mi
Green Line
0.3 mi
Blue Line
1.1 mi
I 290 West
1.1 mi
I 290 East
1.1 mi
I 90 West
2.8 mi
I 94 West
2.8 mi
I 90 East
2.8 mi
I 94 East
2.8 mi
I 55 South
4.0 mi
I 55 North
4.1 mi
For More Information
(312) 528-9200
For more information about 3509 W Franklin, Chicago, IL 60624 contact Corcoran Urban Real Estate.
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Listing provided by Dream Town Real Estate
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