$245,000
 $1,315 est/mo Sourced by Back At You

2854 W 38th Place,Chicago, IL 60632

Chicago, IL 60632

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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!

Details

MLS #12712270
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1888
Days On Site51
Listing Provided ByRE/MAX 10 in the Park | Thomas Domasik

Features

Bed(s)4
Bath(s)2
ZoningMULTI

Interior

Rooms Total9
HeatingNatural Gas

Exterior

RoofAsphalt
Construction MaterialsAluminum Siding, Frame
FencingFenced

Parking

Parking FeaturesOff Street, Yes

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved

Taxes

Tax Year2024
Tax Annual Amount3027.24

Area Information

StateIL
CountyCook
CityChicago
Zip Code60632
AreaCHI Brighton Park
Listing VS Median (in 60632)
Price:
$245,000
low | high
Med:
$310,000
23.469387755102% of Average
On site:
51
low | high
Med:
40
100% of Average
Sourced by Back At You

Market Activity 60632

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60632
AreaCHI Brighton Park
Listing VS Median (in 60632)
Price:
$245,000
low | high
Med:
$310,000
23.469387755102% of Average
On site:
51
low | high
Med:
40
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $183K - $306K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2856 W 38th Place Property Photo 1
$385,000
2856 W 38th Place
Chicago, IL 60632
2858 W 38th Place Property Photo 1
$440,000
2858 W 38th Place
Chicago, IL 60632
2924 W 38th Place 2 Property Photo 1
$1,850
2924 W 38th Place 2
Chicago, IL 60632
Listing Updated: August 27, 2026 at 8:22:09 AM PDT