1617 W 38th Place Chicago, IL 60609
McKinley Park NeighborhoodEstimated payment $2,384/month
About This Home
Looking for a smart investment? Check out this solid brick 2-flat in hot McKinley Park! Located on a quiet one-way street, this building offers so much for the price. Both units are 2-bedroom/1-bath with ample living and closet space and are identical. Walk into the living room with plenty of space to be comfortable. There is one bedroom off the living room that can easily fit most bed sizes, along with space for a dresser. Then walk past the bathroom, which has recently been upgraded with new shower tile. Before making your way into the large kitchen, there is the second bedroom that is almost a mirror image of the first, with space for most bed sizes and a dresser. The kitchen has a gallery layout with space for a table to eat at. Then, through the kitchen is the enclosed porch where laundry can easily fit (hook-ups in both units and 1st floor has a washer/dryer), along with additional storage. The attic is not built out or dormered out, but it is still usable as is or can be transformed into a much larger usable space. The backyard has space to enjoy, and the property also has a 2-car detached garage! This building is in great overall shape; it is just waiting for someone to add the finishing touches to make it truly amazing. You don't want to miss this opportunity to own a wonderful building in an exploding area now, before the prices skyrocket! Sold "as-is."
Listing Agent
RE/MAX Premier Brokerage Phone: (312) 929-8910 License #471019214 Listed on: 04/09/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,798
Lot Details
- Lot Dimensions are 25 x 125
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
- No Tub in Bathroom
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,798 | $20,000 | $9,610 | $10,390 |
| 2024 | $3,798 | $20,000 | $9,610 | $10,390 |
| 2023 | $3,702 | $18,000 | $7,750 | $10,250 |
| 2022 | $3,702 | $18,000 | $7,750 | $10,250 |
| 2021 | $3,620 | $18,000 | $7,750 | $10,250 |
| 2020 | $3,695 | $16,586 | $6,200 | $10,386 |
| 2019 | $3,830 | $19,065 | $6,200 | $12,865 |
| 2018 | $3,766 | $19,065 | $6,200 | $12,865 |
| 2017 | $4,542 | $21,101 | $5,270 | $15,831 |
| 2016 | $3,726 | $21,101 | $5,270 | $15,831 |
| 2015 | $3,386 | $21,101 | $5,270 | $15,831 |
| 2014 | $2,690 | $17,069 | $3,720 | $13,349 |
| 2013 | $2,626 | $17,069 | $3,720 | $13,349 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | Pending | -- | -- | -- | |
| 04/09/2026 04/09/26 | For Sale | $389,900 | +105.2% | -- | |
| 12/13/2016 12/13/16 | Sold | $190,000 | -5.0% | -- | View Prior Sale |
| 10/14/2016 10/14/16 | For Sale | $199,900 | 0.0% | -- | |
| 09/26/2016 09/26/16 | Pending | -- | -- | -- | |
| 09/03/2016 09/03/16 | Pending | -- | -- | -- | |
| 08/25/2016 08/25/16 | For Sale | $199,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12614596
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Ask me questions while you tour the home.