$385,000
 $2,067 est/mo Sourced by Back At You

2856 W 38th Place,Chicago, IL 60632

Chicago, IL 60632

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Description

Inflation Deflator! Lay the foundation for your future with this outstanding investment opportunity in the booming Brighton Park neighborhood. This 4-unit building is ideally located near the expressway for an easy downtown commute and just minutes from shopping, restaurants, and other everyday conveniences, making it highly desirable for tenants. Whether you're looking to live in one unit while renting the others or expand your investment portfolio, this property offers tremendous upside. One unit is currently vacant, while the remaining three are occupied with below-market rents, providing excellent potential for increased future income. Offered as a long-term owner estate sale, this is a rare opportunity to acquire a well-located income-producing property. It may be purchased separately or as part of a package with the two neighboring buildings at 2858 W. 38th Place and 2854 W. 38th Place, creating an exceptional investment opportunity so schedule your viewing today!

Details

MLS #12712278
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1893
Days On Site42
Listing Provided ByRE/MAX 10 in the Park | Thomas Domasik

Features

Bed(s)8
Bath(s)4
ZoningMULTI

Interior

Rooms Total18
HeatingNatural Gas

Exterior

RoofAsphalt
Construction MaterialsAluminum Siding
FencingFenced

Parking

Parking FeaturesOff Street

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved

Taxes

Tax Year2024
Tax Annual Amount3771.87

Area Information

StateIL
CountyCook
CityChicago
Zip Code60632
AreaCHI Brighton Park
Listing VS Median (in 60632)
Price:
$385,000
low | high
Med:
$317,000
67.662337662338% of Average
On site:
42
low | high
Med:
9.5
100% of Average
Sourced by Back At You

Market Activity 60632

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60632
AreaCHI Brighton Park
Listing VS Median (in 60632)
Price:
$385,000
low | high
Med:
$317,000
67.662337662338% of Average
On site:
42
low | high
Med:
9.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $288K - $481K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2858 W 38th Place Property Photo 1
$440,000
2858 W 38th Place
Chicago, IL 60632
2854 W 38th Place Property Photo 1
$245,000
2854 W 38th Place
Chicago, IL 60632
2924 W 38th Place 2 Property Photo 1
$1,850
2924 W 38th Place 2
Chicago, IL 60632
Listing Updated: September 3, 2026 at 6:22:34 AM PDT
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