38 W 78th Street
Chicago, IL, 60620
$399,900
7 Beds
5 Baths
0 SqFt
0 Acres
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$399,900
38 W 78th Street
Chicago, IL, 60620
MLS #MRD12536788 image #0MLS #MRD12536788 image #1MLS #MRD12536788 image #2MLS #MRD12536788 image #3MLS #MRD12536788 image #4MLS #MRD12536788 image #5MLS #MRD12536788 image #6MLS #MRD12536788 image #7MLS #MRD12536788 image #8MLS #MRD12536788 image #9MLS #MRD12536788 image #10MLS #MRD12536788 image #11
Open House Jan 10, 2026
11:00 – 02:00
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. 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 #:
MRD12536788
Status:
Active
Beds:
7
Baths:
5
Type:
Multi Family
Neighborhood:
chigreatergrandcrossing
Listed Date:
Jan 1, 2026
Year Built:
1963
Chi – Greater Grand CrossingChigreatergrandcrossing

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2

Financial

Tax Year
2023
Taxes
$2,254
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Jan 09, 2026
1,207
Multi Family Listed
91
Avg DOM
$465,390
Avg List Price

Community

Subdivisions in Chicago

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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#mrd12536788 at 38 W 78th Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
38 W 78th Street
Chicago, IL