1633 W 38th St Chicago, IL 60609
McKinley Park NeighborhoodEstimated payment $3,472/month
Highlights
- 2 Car Detached Garage
- Outdoor Storage
- Paved or Partially Paved Lot
- Porch
About This Home
PRICE DROPPED!!! 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.
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 |
|---|---|---|---|---|---|
| 03/25/2026 03/25/26 | Price Changed | $595,900 | -1.7% | -- | |
| 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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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 1617 W 38th Place
- 1643 W 38th Place
- 3626 S Ashland Ave
- 3624 S Paulina St
- 3651 S Wood St
- 3600 S Marshfield Ave
- 3645 S Wood St
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- 3828 S Honore St
- 3546 S Wood St
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- 3543 S Wolcott Ave
- 3711 S Damen Ave Unit 3
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- 1835 W 34th St
- 3315 S Wood St
- 3248 S Paulina St
- 3330 S Archer Ave
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- 1629 W 38th St Unit 2FLR REAR
- 1639 W 38th Place Unit 1F
- 3662 S Paulina St Unit 1F
- 3608 S Hermitage Ave Unit Garden
- 3600 S Wood St Unit 3R
- 3755 S Winchester Ave Unit Garden Unit
- 3520 S Winchester Ave Unit G
- 3520 S Winchester Ave Unit 2F
- 3527 S Damen Ave Unit 2F
- 3300 S Ashland Ave Unit 1R
- 3248 S Paulina St Unit 1
- 4332 S Hermitage Ave Unit 1f
- 3215 S Throop St Unit 1F
- 1315 W 31st St Unit B
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Ask me questions while you tour the home.