Multiple Offers Received. Smart House-Hack & Cash-Flow Opportunity in Chicago. Perfect for a first-time investor or owner-occupant looking to help cover their mortgage, this solid brick multi-unit offers multiple income streams in a convenient Chicago location. The property features two above-grade units, each with 3 bedrooms and 1.5 baths and updated kitchens and bathrooms, plus a finished basement with 1 bedroom, 1-bath. Each unit has separate utilities. Located near public transportation with easy access to the Dan Ryan Expressway, this property is close to schools, parks, shopping, and dining making it attractive to both tenants and owner-occupants. Live in one unit and rent the others to help cover your mortgage, or fully lease the building for strong cash flow. Sold as-is, this property presents a value-add opportunity with long-term equity growth. Multi-unit properties ideal for house hacking and first-time investors are in high demand don’t miss this opportunity to build wealth through real estate.
Property Details
Price:
$399,900
MLS #:
MRD12589152
Status:
Active Under Contract
Beds:
7
Baths:
5
Type:
Multi Family
Neighborhood:
chigreatergrandcrossing
Listed Date:
Mar 17, 2026
Year Built:
1963
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Brick
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$1,749
Map
Community
- Address38 W 78th Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60620
Market Summary
Current real estate data for Multi Family in Chicago as of May 16, 2026
1,362
Multi Family Listed
79
Avg DOM
$514,788
Avg List Price
Property Summary
- 38 W 78th Street Chicago IL is a Multi Family for sale in Chicago, IL, 60620. It is listed for $399,900
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Copyright 2026. All rights reserved.
38 W 78th Street
Chicago, IL


