2856 W 38th Place Chicago, IL 60632
Brighton Park NeighborhoodEstimated payment $2,412/month
Highlights
- Traditional Architecture
- Fenced
- Paved or Partially Paved Lot
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,772
Year Built
- Built in 1893
Lot Details
- Lot Dimensions are 25x125
- Fenced
- Paved or Partially Paved Lot
Home Design
- Traditional Architecture
- Asphalt Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Parking
- 2 Parking Spaces
- Off-Street Parking
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Community Details
- 4 Units
- 4 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 | $3,741 | $18,691 | $9,688 | $9,003 |
| 2024 | $3,741 | $18,691 | $9,688 | $9,003 |
| 2023 | $3,647 | $17,634 | $7,813 | $9,821 |
| 2022 | $3,647 | $17,634 | $7,813 | $9,821 |
| 2021 | $3,546 | $17,633 | $7,812 | $9,821 |
| 2020 | $3,954 | $17,634 | $6,250 | $11,384 |
| 2019 | $4,098 | $20,269 | $6,250 | $14,019 |
| 2018 | $4,030 | $20,269 | $6,250 | $14,019 |
| 2017 | $4,133 | $19,074 | $5,312 | $13,762 |
| 2016 | $3,845 | $19,074 | $5,312 | $13,762 |
| 2015 | $3,521 | $19,074 | $5,312 | $13,762 |
| 2014 | $3,492 | $18,674 | $3,750 | $14,924 |
| 2013 | $3,424 | $18,674 | $3,750 | $14,924 |
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 | $385,000 | -- | -- |
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: 12712278
APN: 16363190260000
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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
- 2858 W 38th Place
- 2854 W 38th Place
- 2908 W Pershing Rd
- 3824 S Sacramento Ave
- 2759 W 38th St
- 3038 W 38th Place
- 2853 W 40th St
- 3953 S California Ave
- 3100 W 39th Place
- 4035 S Richmond St
- 3508 S Mozart St
- 3237 W 38th Place
- 3040 W 41st Place
- 3511 S Washtenaw Ave
- 3018 W 42nd St
- 3303 W 38th Place
- 3307 W 37th Place
- 3309 W 38th Place
- 2627 W Montgomery Ave
- 4027 S Maplewood Ave
- 2901 W 38th St Unit 2nd floor
- 2924 W 38th Place Unit 2
- 2822 W 40th St Unit Second Floor
- 4017 S Francisco Ave Unit 2
- 4023 S Francisco Ave Unit 1
- 3509 S Mozart St
- 2513 W Pershing Rd
- 3149 W 42nd Place
- 4212 S Campbell Ave Unit 1
- 3444 S Western Ave Unit 1F
- 3444 S Western Ave Unit 1R
- 3444 S Western Ave Unit 2F
- 2411 W 34th Place Unit 2
- 4355 S Sawyer Ave Unit Sawyer
- 4355 S Sawyer Ave Unit 1 bedroom
- 4532 S Francisco Ave Unit 2
- 3402 S Bell Ave Unit 2
- 4430 S Homan Ave Unit 1
- 4450 S Homan Ave Unit 1
- 4658 S Troy St
Ask me questions while you tour the home.