About This Home

This 8-bedroom, 4-bathroom residential multi family at 2856 W 38th Place in Chicago, IL is listed for $385,000. Built in 1893, on a N/A lot.

Key Features

  • Built in 1893
  • 2 parking spaces

Property Details

4 full
2 spaces
1893
Listing Description

Inflation Deflator! Lay the foundation for your future with this outstanding investment opportunity in the booming Brighton Park neighborhood. This 4-unit building is ideally located near the expressway for an easy downtown commute and just minutes from shopping, restaurants, and other everyday conveniences, making it highly desirable for tenants.

Whether you're looking to live in one unit while renting the others or expand your investment portfolio, this property offers tremendous upside. One unit is currently vacant, while the remaining three are occupied with below-market rents, providing excellent potential for increased future income.

Offered as a long-term owner estate sale, this is a rare opportunity to acquire a well-located income-producing property. It may be purchased separately or as part of a package with the two neighboring buildings at 2858 W. 38th Place and 2854 W. 38th Place, creating an exceptional investment opportunity so schedule your viewing today!

Monthly Cost Estimate

$2,059/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,668
Insurance$112

Estimates only. Actual payments may vary.

Location

2856 W 38th Place

Chicago, IL 60632

Property Details

Construction

Aluminum Siding

Parking

Off Street

Heating

Natural Gas

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 2856 W 38th Place is listed at $385,000. The estimated monthly payment is $2,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1893, 2 parking spaces.

This property is listed by Thomas Domasik and can be reached at (708) 857-1500.

TD

Thomas Domasik

Agent at Remax 10

(708) 857-1500

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

MLS# 12712278· Source: Midwest Real Estate Data, LLC· 85 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.

2856 W 38th Place, Chicago, IL 60632

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