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3037 Bright Street
Franklin Park IL 60131 US

$699,000

Active Listing ID 12378114
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$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
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 699000
  • unparsedaddress: 3037 Bright Street
  • postalcity: Franklin Park
  • stateorprovince: IL
  • country: US
  • postalcode: 60131
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3201
  • livingareaunits: Square Feet
  • listagentfullname: Tom Makinney
  • listagentemail: Tom.Makinney@compass.com
  • listagentkey: 3yd-MREDIL-245447
  • listagentmlsid: 245447
  • listagentpreferredphone: 3316428389
  • listagentofficephone: 6309746750
  • listofficekey: 3yd-MREDIL-27034
  • listagentstatelicense: 471010975
  • 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
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 12292100020000
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":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":null, "ListOfficeCity":"Hinsdale", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"60521", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Franklin Park, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12378114/?channel=rexren", "MLSModificationTimestamp":"2025-10-19T16:48:01Z", "Neighborhoods":[{"Description":null, "Name":"Franklin Park"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11267.34, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/20/2025 2:06:57 AM GMT
Source Updated Date: 12/7/2025 6:57:29 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.