2854 W 38th Place
Chicago, IL, 60632
$245,000
4 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12712270 image #0
Come grow your investment in the booming Brighton Park neighborhood with this 2-flat offering long-term income potential. Its convenient location near the expressway provides an easy downtown commute, while nearby shopping, restaurants, and everyday conveniences make it an attractive choice for tenants. Whether you’re looking to live in one unit while renting the other or add an income-producing property to your investment portfolio, this property offers excellent upside. Both units are currently rented with below-market rents, providing immediate rental income today and strong potential for increased future returns. Offered as a long-term owner estate sale, this is a rare opportunity to acquire a well-located multi-unit property. It can be purchased separately or as part of a package with the neighboring buildings at 2858 W. 38th Place and 2856 W. 38th Place, creating an exceptional investment opportunity. Easy to buy and ready for its next owner-schedule your viewing today!

Property Details

Price:
$245,000
MLS #:
MRD12712270
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chibrightonpark
Listed Date:
Jul 24, 2026
Year Built:
1888
TraditionalChi – Brighton ParkChibrightonpark

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Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Architectural Style
Traditional
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding, Frame
Fencing
Fenced
Other Structures
None
Parking Features
Off Street, Yes
Parking Spots
2
Parking Total
2
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$3,027

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Oct 09, 2026
1,366
Multi Family Listed
75
Avg DOM
$526,267
Avg List Price

Property Summary

    2854 W 38th Place Chicago IL is a Multi Family for sale in Chicago, IL, 60632. It is listed for $245,000

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2854 W 38th Place
Chicago, IL