USAILChicago3034 W 38Th Pl
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3034 W 38 Th Pl, Chicago, IL

Real Estate

Sold

Listed price in listed location currency (USD).
$490,000
$474,900

954

MLS® 12453484

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $5,095
Lot Size 
Approx. Age 1903
MLS® Number 12453484

Property Address: 3034 W 38th Pl, Chicago, IL, 60632-2320

Average square foot calculated using Size range provided by listing agent.

Description

Rare, Cash-Flowing 4-Unit in Red-Hot Brighton Park! This incredibly spacious and fully legal 4-unit brick building in the heart of Brighton Park offers a rare opportunity to own a cash-positive investment property. When fully rented, this property generates positive cash flow even after mortgage payments. The property is in high demand-vacancies typically generate 100+ inquiries, and two units are already occupied by excellent long-term tenants. The other two units are move-in ready, allowing the new owner the flexibility to live on-site or lease them out immediately. The owner, a retiring investor with a long and successful portfolio history, has made extensive updates, including: Exterior masonry renovations in 2022: (tuckpointing, parapet wall, coping tiles, chimney, and roof repairs); Most windows replaced in 2013-2014; New flooring in one unit 2025; New furnaces in rear second-floor unit 2021-2022; Two water heaters replaced in 2019-2020; Boilers replaced in 2014-2019; Electrical service upgraded in 2013. Additional features include: 4 large storage units; 4 parking spaces (extra income); Separate meters for gas and electricity, Tenants pay all utilities. Zoned for 4 units - fully legal. There is also a basement space with additional finished living area (including a kitchen, living room, full bath, and bedroom) that may serve as related living area. This property will sell fast. Bring your best offer and don't miss your chance to own a turn-key, income-producing building in one of Chicago's most rapidly appreciating neighborhoods.
MLS® Number12453484
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1903
BasementPartially Finished, Full, Walk-Out Access
DrivewayYes, Owned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Aug 30, 2025End Date
$490,000Sold Price

Sold

Aug 23, 2025List Date
$474,900List Price
  • Commute

Commute

Starting Address
Destination Address
3034 W 38 Th Pl, Chicago, IL

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