2854 W 38th Place Chicago, IL 60632
Brighton Park NeighborhoodEstimated payment $1,599/month
Highlights
- Traditional Architecture
- Fenced
- Paved or Partially Paved Lot
About This Home
Come grow your investment in the booming Brighton Park neighborhood with this 2-flat offering long-term income potential. Its convenient location near the expressway provides an easy downtown commute, while nearby shopping, restaurants, and everyday conveniences make it an attractive choice for tenants. Whether you're looking to live in one unit while renting the other or add an income-producing property to your investment portfolio, this property offers excellent upside. Both units are currently rented with below-market rents, providing immediate rental income today and strong potential for increased future returns. Offered as a long-term owner estate sale, this is a rare opportunity to acquire a well-located multi-unit property. It can be purchased separately or as part of a package with the neighboring buildings at 2858 W. 38th Place and 2856 W. 38th Place, creating an exceptional investment opportunity. Easy to buy and ready for its next owner-schedule your viewing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,027
Year Built
- Built in 1888
Lot Details
- Lot Dimensions are 25x125
- Fenced
- Paved or Partially Paved Lot
Home Design
- Traditional Architecture
- Frame Construction
- Asphalt Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Community Details
- 2 Units
- 2 Flat
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,877 | $15,000 | $9,500 | $5,500 |
| 2024 | $2,877 | $15,000 | $9,500 | $5,500 |
| 2023 | $2,805 | $13,564 | $7,813 | $5,751 |
| 2022 | $2,805 | $13,564 | $7,813 | $5,751 |
| 2021 | $2,727 | $13,562 | $7,812 | $5,750 |
| 2020 | $3,010 | $13,425 | $6,250 | $7,175 |
| 2019 | $3,120 | $15,431 | $6,250 | $9,181 |
| 2018 | $3,068 | $15,431 | $6,250 | $9,181 |
| 2017 | $3,482 | $16,070 | $5,312 | $10,758 |
| 2016 | $3,340 | $16,567 | $5,312 | $11,255 |
| 2015 | $3,058 | $16,567 | $5,312 | $11,255 |
| 2014 | $2,736 | $14,634 | $3,750 | $10,884 |
| 2013 | $2,683 | $14,634 | $3,750 | $10,884 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2026 07/24/26 | For Sale | $245,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12712270
APN: 16363190270000
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 2856 W 38th Place
- 2858 W 38th Place
- 2908 W Pershing Rd
- 2759 W 38th St
- 2753 W 38th St
- 3824 S Sacramento Ave
- 3000 W 38th St
- 2853 W 40th St
- 3038 W 38th Place
- 4035 S Richmond St
- 3100 W 39th Place
- 3122 W 39th Place
- 4008 S Albany Ave
- 2529 W 39th Place
- 3040 W 41st Place
- 3237 W 38th Place
- 2627 W Montgomery Ave
- 4027 S Maplewood Ave
- 4225 S California Ave
- 3844 S Artesian Ave
- 2835 W 38th Place Unit 1
- 2913 W 38th St Unit 2
- 2924 W 38th Place Unit 2
- 4023 S Francisco Ave Unit 1
- 2926 W 40th Place Unit 1
- 3509 S Mozart St
- 2513 W Pershing Rd Unit Garden
- 2513 W Pershing Rd
- 2513 W Pershing Rd Unit 2
- 3332 W 38th St Unit BSMT
- 3149 W 42nd Place Unit 1
- 3149 W 42nd Place
- 3444 S Western Ave Unit 1R
- 4352 S Talman Ave Unit 1R
- 4355 S Sawyer Ave Unit Studio
- 4355 S Sawyer Ave Unit 1 bedroom
- 4601 S Talman Ave Unit 2nd Floor
- 4617 S Washtenaw Ave Unit 2ND
- 2106 W 35th St Unit 2F
- 2843 S Troy St Unit 1
Ask me questions while you tour the home.