$399,900
38 W 78th Street
Chicago, IL, 60620
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
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
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 Apr 08, 2026
1,337
Multi Family Listed
82
Avg DOM
$506,746
Avg List Price
Community
- Address38 W 78th Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60620
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Property Summary
- 38 W 78th Street Chicago IL is a Multi Family for sale in Chicago, IL, 60620. It is listed for $399,900 To schedule a showing of MLS#mrd12589152 at 38 W 78th Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
38 W 78th Street
Chicago, IL
