2854 W 38th Place Chicago, IL $ 245,000
2854 W 38th Place
$ 245,000
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2854 W 38th Place

Chicago, IL, 60632
$ 245,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,547

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Multi-Family Home for sale in Chicago, IL

for $245,000 with 4 bedrooms and 2 full baths. This home was built in 1888.

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!

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Multi-Family Active

Price

$ 245,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,027

Style

Traditional

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12712270

Features
Exterior
Model 2 FLAT
Parking Features Off Street Yes
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25X125
Waterfront Y/N N
Other Equipment CO Detectors Water Heater-Gas
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General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Architectural Style Traditional
Construction Materials Aluminum Siding Frame
Year Built 1888
Township South Chicago
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Other Structures None
Total Rooms 9
Status New
Directions California Ave TO 38th Pl. South to address
City Chicago
High School District 299
MLS Area CHI - Brighton Park
Tax Annual Amount 3027.24
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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* Excluded Features
List By
Re/Max 10 In The Park

Broker

thomasdomasik@gmail.com

Email

Affordability Calculator

$1,799
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,547
Monthly Property Taxes
$252
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$245,000 Listed Price

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2854 W 38th Place, Chicago, IL, 60632 is a Multi-Family Home for sale at $245,000. 2854 W 38th Place has 4 bedrooms, 2.0 baths, and was built in 1888. The property's zip code is 60632 which is in Chicago, IL