See all 36 photos
$550,000
Est. payment /mo
8 Beds
3 Baths
New
3304 W Warren BLVD Chicago, IL 60624
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12367662
Bedrooms 8
Year Built 1899
Annual Tax Amount $6,562
Tax Year 2023
Lot Dimensions 3281
Property Sub-Type Two to Four Units
Property Description
Rare Greystone Multifamily Opportunity in Hot East Garfield Park! Don't miss this rarely available, fully occupied Greystone in the heart of East Garfield Park-an area experiencing strong property value growth over the past decade. This classic building features two expansive 3-bedroom + den units, along with a spacious 1-bedroom unit on the third floor, offering strong rental income potential. Zoned RM-5, the property includes a full-height basement with front and rear egress, ideal for creating a duplex-down unit or possibly adding a fourth unit (buyer to verify zoning/permit requirements). Renovated in 2010, updates include upgraded electrical systems and new flooring in two of the units. Both the first and second floors feature large private decks, and the oversized backyard offers flexibility for tenant parking or the creation of a shared outdoor space. This is a value-add opportunity-some TLC is needed, and there may be existing city violations, which will be the responsibility of the buyer. This property may qualify for a community lending program as well. The property is being sold as-is, making it ideal for investors or developers looking to build long-term equity in one of Chicago's most rapidly transforming neighborhoods.
Location
State IL
County Cook
Area Chi - East Garfield Park
Zoning MULTI
Rooms
Basement Unfinished, Exterior Entry, Full
Interior
Heating Natural Gas, Forced Air
Equipment Ceiling Fan(s), Multiple Water Heaters
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick,Stone,Limestone, No
Sewer Public Sewer
Water Public
Structure Type Brick,Stone,Limestone
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None

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Listed by Cynthia Grunst-Bednarz • Dream Town Real Estate