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2856 W 38th Pl, Chicago, IL, 60632

8beds
4baths
--sqft
$385,000
--price/sqft
$2,825/moest. monthly cost
$113,000/yrincome needed

About This Home

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!

Getting Around

80
WalkingVery Walkable
61
TransitGood Transit
59
BikeBikeable

Schools

Construction

Condition

  • Year built: 1893

Materials

  • Roof: Asphalt
  • Construction materials: Aluminum Siding

Other

  • Builder model: 4 FLAT

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 16363190260000
  • Zoning: MULTI
  • Special condition: None

Features

  • Fencing: Fenced

Lot

  • Lot size: 3,125 sqft
  • Lot size dimensions: 25X125

Parking

  • Total spaces: 2
  • Parking features: Off Street