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3037 Bright Street

Franklin Park, IL 60131
  • $699,000
  • STATUS: Active
  • ON SITE: 227 Days
  • MLS #: 12378114
UPDATED: 26 min ago
$699,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

Description

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.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-20T21:32:49.843 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3037 Bright Street Franklin Park, IL 60131

  • Price: $699,000
  • Status: Active
  • On Site: 227 Days
  • Updated: 26 min ago
  • MLS #: 12378114
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1963
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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.
Exterior Features

Foundation Details Concrete Perimeter Outdoor Parking 6-12 Spaces Roof Structure Flat

Interior Features

Basement Details UnfinishedConcreteStorage Space Cooling None Heat Ventilation GasHot Water Number Of Ranges 6

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3201 Built Before1978 YN Yes Gross Income 57600 Gross Scheduled Income 57600 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Tax Annual Amount 11267.34 Tax Year 2023 Tenant Pays Electricity Total Monthly Income 4800 Township Leyden Type Multi Family 5+ Zoning MULTI

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 630-974-6750.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-20T21:32:49.843 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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