About This Home

This 4-bedroom, 2-bathroom residential multi family at 2854 W 38th Place in Chicago, IL is listed for $245,000. Built in 1888, on a N/A lot.

Key Features

  • Built in 1888
  • 2 parking spaces

Property Details

2 full
2 spaces
1888
Listing 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!

Monthly Cost Estimate

$1,310/mo

20% down · 6.5% · 30 years

Principal$177
Interest$1,062
Insurance$71

Estimates only. Actual payments may vary.

Location

2854 W 38th Place

Chicago, IL 60632

Property Details

Construction

Aluminum Siding Frame

Parking

Off Street

Heating

Natural Gas

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 2854 W 38th Place is listed at $245,000. The estimated monthly payment is $1,310 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1888, 2 parking spaces.

This property is listed by Thomas Domasik.

TD

Thomas Domasik

Agent at Remax 10

Listed by Remax 10 · Broker phone: (708) 857-1500 · View on Broker Site

MLS# 12712270· Source: Midwest Real Estate Data, LLC· 97 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2854 W 38th Place, Chicago, IL 60632

Open this listing in: