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!
Property Details
Price:
$385,000
MLS #:
MRD12712278
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chibrightonpark
Listed Date:
Jul 24, 2026
Year Built:
1893
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
Traditional
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding
Fencing
Fenced
Other Structures
None
Parking Features
Off Street
Parking Spots
2
Parking Total
2
Roof
Asphalt
Financial
Tax Year
2024
Taxes
$3,772
Map
Community
- Address2856 W 38th Place Chicago IL
- CityChicago
- CountyCook
- Zip Code60632
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 10, 2026
1,354
Multi Family Listed
75
Avg DOM
$525,624
Avg List Price
Property Summary
- 2856 W 38th Place Chicago IL is a Multi Family for sale in Chicago, IL, 60632. It is listed for $385,000
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Copyright 2026. All rights reserved.
2856 W 38th Place
Chicago, IL


