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3037 Bright Street
Franklin Park IL 60131 US

$699,000

Active Listing ID 12378114
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5 bed
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5.00 Bath (5 Full)
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Lot: 0.11 Acres
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Other

$699,000

Active Listing ID 12378114
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3037 Bright Street 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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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 699000
  • unparsedaddress: 3037 Bright Street
  • postalcity: Franklin Park
  • stateorprovince: IL
  • country: US
  • postalcode: 60131
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.934159
  • longitude: -87.887027
  • listagentfullname: Tom Makinney
  • listagentemail: tom.makinney@compass.com
  • listagentkey: 3yd-MREDIL-245447
  • listagentmlsid: 245447
  • listagentofficephone: 3316428389
  • listofficekey: 3yd-MREDIL-27034
  • listofficemlsid: 27034
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1963
  • listingcontractdate: 2025-06-06
  • listagentfax: 7816091680
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 12292100020000
  • constructionmaterials: Brick
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 5, Bathroom 4, Bedroom 2, Basement, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1
  • basement: Concrete, Unfinished, Storage Space
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.887024, 41.93416
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tom.makinney@compass.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Real Estate", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"1 Grant Square Suite 201 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"27034", "ListOfficeCity":"Hinsdale", "ListOfficeCountry":"USA", "ListOfficeEmail":null, "ListOfficePostalCode":"60521", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Franklin Park, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3037-Bright-St_Franklin-Park_IL_60131_M74360-19480?f=listhub&s=MREDIL&m=12378114&c=rexren", "MLSModificationTimestamp":"2025-10-19 20:48:01", "Neighborhoods":[{"Description":null, "Name":"Franklin Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11267, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2025 1:03:24 AM GMT
Source Updated Date: 12/30/2025 7:48:01 AM GMT

Courtesy of: Tom Makinney, Compass, tom.makinney@compass.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.