2856 W 38Th Place, Chicago, Illinois 60632

$385,000
8
BD
4
BA

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List Price
$385,000
MLS#
12712278
Status
NEW
Type
Multifamily
Subtype
Residential Income
Bedrooms
8
Bathrooms
4
County
Cook
City
Chicago
Neighborhood
Brighton Park
Days On Market
Unknown

Property 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!

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2024
Year Built
1893
Lot Dimensions
25X125
Lot Size Range
Less Than .25 Acre
Units
4
Parking Spaces
2
Parking Details
Off Street
Heating
Natural Gas
Sewer
Public Sewer

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Calculator source: Real Geeks

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