3318 W Flournoy Street, Chicago IL 60624
$325,000

3318 W Flournoy Street, Chicago IL 60624

$325,000
Active
Homan Square Two to Four Units

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Property Description

**Great Investment Opportunity Just Minutes from Downtown Chicago!** Discover the potential of this spacious **Brick Greystone two-unit property**, ideal for investors and owner-occupants looking to build equity or expand their real estate portfolio! This beautiful Chicago Greystone offers generous living spaces and extra-large bedrooms on both levels. The **second-floor unit features 3 bedrooms and 1 bathroom**, while the **first-floor unit offers 2 bedrooms and 1 bathroom with a duplex layout connecting to the unfinished basement**. Bring your vision and creativity to the basement, offering exciting possibilities for future improvements and customization, subject to applicable building codes and approvals. **Both units are currently vacant**, giving the next owner the flexibility to move right in, establish rental income, or make improvements to maximize the property's potential. The spacious, open backyard offers additional possibilities for a newly constructed garage, concrete parking slab, or outdoor entertainment space. Conveniently located with access to downtown Chicago, major expressways, shopping, dining, and public transportation. Whether you're a seasoned investor looking to expand your portfolio or an owner-occupant interested in house hacking, this **Chicago Greystone** offers space, character, flexibility, and outstanding value-add potential. **Bring your ideas, explore the possibilities, and make this investment your own!**

Features & Information

Key Details
  • List Price $325,000
  • Property Taxes $5,211
  • Year Built 1901
  • Status Active
  • List Market Time 29

Units

  • Unit 1
  • Floor 1
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove
  • Tenant Pays None
  • Lease Expires n/a

  • Unit 2
  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances None
  • Tenant Pays None
  • Lease Expires n/a

Exterior Features

  • Parking
  • # of Cars:  2

Building Information
  • Number of Units 2
  • Age of Building 100+ Years

Location
  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Flournoy St, West Of Homan Ave.

  • Schools
  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • School Name Manley Career Academy High Schoo

  • Property Taxes
  • Tax 5210.73
  • Tax Year 2025
  • Tax Exemptions None
  • Parcel Identification Number 16144040410000

Listed by Brian Thomas for Kale Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/10/2026 9:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Homan Square

A neighborhood which first came to prominence as a refuge from the Great Chicago Fire, only to be nearly destroyed by arson a century later, Homan Square proudly stands today as one of the city's prime examples of urban renewal and revitalization. New commercial and residential development, coupled with strong support from the city and private investors, has made Homan Square a thriving community with a shopping, dining and entertainment scene. The modern homes, green commons and planned layout of the neighborhood provide a pleasant and spacious backdrop that is rather rare in Chicago. Homan Square incorporates curving drives and mini-subdivisions – a nice change to the city's conventional grid-like block arrangement. A public community center is the icing on the cake for Homan Square residents. The campus offers family, health, recreation and education services in a beautiful indoor facility that even boasts an Olympic-size swimming pool and state-of-the-art exercise equipment.

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