$245,000
2854 W 38th Place
Chicago, IL, 60632
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!
Property Details
Price:
$245,000
MLS #:
MRD12712270
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chibrightonpark
Listed Date:
Jul 24, 2026
Year Built:
1888
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
Traditional
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding, Frame
Fencing
Fenced
Other Structures
None
Parking Features
Off Street, Yes
Parking Spots
2
Parking Total
2
Roof
Asphalt
Financial
Tax Year
2024
Taxes
$3,027
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Sep 22, 2026
1,272
Multi Family Listed
87
Avg DOM
$526,609
Avg List Price
Community
- Address2854 W 38th Place Chicago IL
- CityChicago
- CountyCook
- Zip Code60632
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Property Summary
- 2854 W 38th Place Chicago IL is a Multi Family for sale in Chicago, IL, 60632. It is listed for $245,000 To schedule a showing of MLS#mrd12712270 at 2854 W 38th Place in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
2854 W 38th Place
Chicago, IL
