Rare double-lot investment opportunity! This all-brick 4-unit property sits on a 6,250 sq. ft. double lot with 2 separate PINs and strong value-add potential. Features include a classic 3-unit brownstone with unfinished attic, a rear 3-story coach house with basement and duplexable attic space, plus 4 rear parking spaces. Zoned RS-3 and legally zoned as a 4-flat. Conveniently located near I-55, public transportation, schools, parks, shopping, and restaurants. Excellent opportunity for investors or owner-occupants looking to maximize cash flow and future value. Property sold AS-IS.
Property Details
Price:
$599,900
MLS #:
MRD12661343
Status:
Active
Beds:
10
Baths:
6
Type:
Multi Family
Neighborhood:
chibrightonpark
Listed Date:
Jun 17, 2026
Year Built:
1914
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
Brownstone
Construction Materials
Vinyl Siding, Brick
Parking Features
Yes, Owned
Parking Spots
4
Parking Total
4
Patio And Porch Features
Patio
Roof
Asphalt
Financial
Tax Year
2025
Taxes
$6,161
Map
Community
- Address2853 W 40th Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60632
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 18, 2026
1,399
Multi Family Listed
79
Avg DOM
$529,474
Avg List Price
Property Summary
- 2853 W 40th Street Chicago IL is a Multi Family for sale in Chicago, IL, 60632. It is listed for $599,900
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Copyright 2026. All rights reserved.
2853 W 40th Street
Chicago, IL


