3037 Bright Street Franklin Park IL 60131 MLS #MRD12378114

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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.

Property Details

Price:
$699,000
MLS #:
MRD12378114
Status:
Active
Beds:
1
Baths:
1
Type:
Commercial
Neighborhood:
franklinpark
Listed Date:
Jun 6, 2025
Total Sq Ft:
3,201
Year Built:
1963
Franklin ParkFranklinpark

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick

Financial

Tax Year
2023
Taxes
$11,267

Listing Agent & Office

Tom Makinney
Compass

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