2856 W 38th Place, Chicago, IL

$385,000

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8

Beds

About 2856 W 38th Place

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!

Features of 2856 W 38th Place

MLS® # 12712278
Price $385,000
Bedrooms 8
Bathrooms 0.00
Year Built 1893
Type Residential Income
Sub-Type Two to Four Units
Style Traditional
Status Active

Community Information

Address 2856 W 38th Place
Area CHI - Brighton Park
City Chicago
County Cook
State IL
Zip Code 60632

Amenities

Parking Spaces 2
Parking Off Street
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Aluminum Siding
Roof Asphalt

School Information

District 299

Additional Information

Days on Market 48
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX 10 in the Park

Listing Map

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Listing information last updated on September 23rd, 2026 at 8:23am CDT.