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$625,000
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Property Description
Investor Alert! Updated 6-Unit Apartment Building in Franklin Park! Hurry, hurry! Don't miss this incredible investment opportunity a spacious 3,120 sq. ft. California-style, two-story 6-unit apartment building on the west side of Franklin Park! Updated less than 8 years ago, renovations include modern kitchens, bathrooms, flooring, plumbing, and updated electric. The building also features a newer roof, high-efficiency boiler, and two 75-gallon water heaters. Key Features: All units are 1-bedroom apartments with an excellent rental history. Gated property with a black iron fence & security gate. Full basement with leased coin-operated laundry owner receives a share of monthly revenue. 6 assigned parking spaces on-site. Zoned Multi-Family perfect for investors! Located minutes from O'Hare Airport, expressways, shopping, and Starbucks this is a prime investment opportunity! Don't wait, schedule a showing today!
Full Property Details
Full Property Details for 3001 Prairie St
General
- Sold For: $625,000
- Taxes: $13,898 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12375203
- Added to Site: 235 day(s) ago
Location
- Area: Franklin Park
- County: Cook
- Driving Directions: MANNHEIM NORTH OF GRAND TO SCHILLER WEST TO PROPERTY
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Hot Water, Baseboard
Structural Information
- Construction: Concrete, Stone, Wood, Vinyl Siding
- Exterior Const.: Concrete, Stone, Wood, Vinyl Siding
- Basement Desc.: Unfinished, Exterior Entry, Partial Exposure, 9 ft + pour, Storage Space
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 3,120
- Current Bldg. Use: Multi-Family
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 5,000
- Lot Dimensions: 30 x 130
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $30,452
- Assessment Year: 1963
- Tax Amount: $13,898
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Documents Avail.: Rent Roll, Floor Plan, Backup Package, Operating Statement
- Property ID: 12292090110000
Listed by Baird & Warner
Sold by Jakubco Development, Inc
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Schools
Schools serving 3001 Prairie St
School Districts:Mannheim School District 83, Leyden Community High School District 212
| Name | Grades | Distance |
|---|---|---|
Westdale Elementary School, Northlake, IL 99 Diversey Avenue, Northlake, IL 60164 | PK-5 | 1 mi |
Mannheim Middle School 2600 Hyde Park Avenue, Melrose Park, IL 60164 | 6-8 | 0.5 mi |
West Leyden High School 1000 North Wolf Road, Northlake, IL 60164 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3001 Prairie St
Date
Details
Price
Change
Source
8/07/2025
Sold
$625,000
-10.59%
MLS
5/26/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3001 Prairie Street, Franklin Park, IL 60131 (MLS# 12375203) is a Commercial property that was sold at $625,000 on August 07, 2025. Want to learn more about 3001 Prairie Street? Do you have questions about finding other Commercial real estate for sale in Franklin Park? You can browse all Franklin Park real estate or contact a Coldwell Banker agent to request more information.

