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2854 W 38th Place , Chicago, IL 60632

$245,000
  • 2854 W 38th Place , Chicago, IL 60632 Main Photo

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New to the Market New
BEDS4 BATHS2 full MLS#12712270
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

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!

2854 W 38th Place | MLS# 12712270

This multi-family property located at 2854 W 38th Place , Chicago, IL 60632 is currently listed for sale with an asking price of $245,000. W 38th Place is located within the District 299 school district. Search Chicago real estate on www.pamcunninghamrealtor.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Natural Gas
Home Style: Traditional
Lot Size: 0.07 Acres
Roof Type: Asphalt
Taxes: $3,027
Year Built: 1888

Feature Descriptions

Additional Structures: None
Exterior: Aluminum Siding, Frame
Lot Dimensions: 25X125
Other Equipment: CO Detectors, Water Heater-Gas
Parcel#: 16363190270000
Parking: Off Street, Yes
Sewer: Public Sewer
Total Rooms: 9
Township: South Chicago
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: RE/MAX 10 in the Park
Agency Phone: 708-923-0900

Shown By

Agent Name: Pamela Cunningham
Agent Phone: (815) 289-6323
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,436.57 per month $1,112.87 Principal & Interest $252.25 Property Tax $71.46 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/27/2026. The listing information on this page last changed on 07/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 07/27/2026 1:27:41 AM EST) or MRED MLS (last updated Mon 07/27/2026 1:22:16 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 07/26/2026 10:19:02 PM EST) or Northern Illinois Commercial Association Realtors (last updated Sun 07/26/2026 2:10:06 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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