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Data Void at 1309 W Flournoy: Caution
Updated today
Your Investment Paths
Fix-and-Flip
Refreshing your home with modern updates is a fantastic way to elevate your living space. These improvements help your property shine in a competitive market, creating a fresh, inviting environment that truly captures a buyer's imagination. Investing in high-quality updates often unlocks hidden potential, making your home a standout choice. By focusing on modern aesthetics, you create lasting appeal and long-term value, ensuring your property remains a desirable, top-tier asset for years.
More about this home
Neighborhood Assessment
This University Village-Little Italy property sits in Chicago's most dynamic neighborhood transformation. The area's walkability is exceptional with direct access to restaurants, galleries, and the UIC campus. Recent comparable sales show strong demand for multi-family units in the $750K-$900K range. However, the building needs significant work—the first floor unit requires major renovation, which impacts immediate ROI potential despite the neighborhood's upside momentum.
Market Activity
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Buy-Rehab-Rent
Insufficient market data prevents a reliable valuation or rental income projection for this property. Without comparable sales or rental benchmarks in this specific Chicago neighborhood, calculating a post-renovation value or investment yield remains currently impossible. Proceed with extreme caution, as the lack of local market activity suggests high risk or limited transparency. Reliable underwriting requires localized data to confirm if the 12-bedroom configuration generates adequate cash flow or competitive rental yields.
Estimated value
$792K
+85% · 9 yrs
1309 W Flournoy St, Chicago Investment Report: Flip & Rental Analysis · Frontflip