1633 W 38th St Chicago, IL 60609
McKinley Park NeighborhoodEstimated payment $3,487/month
Highlights
- Popular Property
- Porch
- Paved or Partially Paved Lot
- 2 Car Detached Garage
- Outdoor Storage
About This Home
Exceptional investment opportunity in a highly desirable Chicago location. This sun-filled brick 2-flat offers 16 total rooms plus a full attic with exciting expansion potential, delivering both character and long-term value. Unit 1 and Unit 2 each feature 3 spacious bedrooms, generous living and dining areas, hardwood flooring, and remodeled bathrooms plus 2 bathrooms in each apartment. Both units provide ample storage, enclosed porches, and separate gas and electric utilities for rental efficiency and flexibility. Highlights include a complete tear-off roof (October of 2025), along with a two-car detached garage. Located minutes from the peaceful 69-acre green space of McKinley Park, with easy access to I-55, I-94, public transit, and vibrant neighborhoods including Chinatown, Pilsen, and Little Italy, this rare property offers timeless character, strong income potential, and exceptional location advantage. Please note side City Lot is available for SALE when purchased with 2 Unit Building for $135k by itself for investment $160k pictures are shown in the listing.
Open House Schedule
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Saturday, March 14, 202611:00 am to 2:00 pm3/14/2026 11:00:00 AM +00:003/14/2026 2:00:00 PM +00:00Please come in through 1st floor down stairs. Agents will take you to the 2nd floor through the back enclosed porch. Lot next door is being sold separately. More Information is on the MLS .Add to Calendar
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Sunday, March 15, 202610:00 am to 1:00 pm3/15/2026 10:00:00 AM +00:003/15/2026 1:00:00 PM +00:00Please come in through 1st floor down stairs. Agents will take you to the 2nd floor through the back enclosed porch. Lot next door is being sold separately. More Information is on the MLS .Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,009
Year Built
- Built in 1900 | Remodeled in 2023
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Aluminum Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Outdoor Features
- Outdoor Storage
- Porch
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Crawl Space
- Paved or Partially Paved Lot
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 | $4,009 | $27,000 | $9,610 | $17,390 |
| 2024 | $4,009 | $27,000 | $9,610 | $17,390 |
| 2023 | $3,908 | $19,000 | $7,750 | $11,250 |
| 2022 | $3,908 | $19,000 | $7,750 | $11,250 |
| 2021 | $3,821 | $19,000 | $7,750 | $11,250 |
| 2020 | $4,611 | $20,698 | $6,200 | $14,498 |
| 2019 | $4,780 | $23,791 | $6,200 | $17,591 |
| 2018 | $4,700 | $23,791 | $6,200 | $17,591 |
| 2017 | $5,250 | $24,388 | $5,270 | $19,118 |
| 2016 | $4,885 | $24,388 | $5,270 | $19,118 |
| 2015 | $4,469 | $24,388 | $5,270 | $19,118 |
| 2014 | $3,711 | $20,002 | $3,720 | $16,282 |
| 2013 | $3,638 | $20,002 | $3,720 | $16,282 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | For Sale | $605,900 | +68.3% | -- | |
| 04/22/2022 04/22/22 | Sold | $360,000 | +20.8% | $150 / Sq Ft | View Prior Sale |
| 02/09/2022 02/09/22 | Pending | -- | -- | -- | |
| 02/01/2022 02/01/22 | For Sale | $298,000 | -- | $124 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12582443
APN: 17314300110000
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Ask me questions while you tour the home.