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    1621 W 38Th Pl Chicago, IL 60609

    Under Contract
    For Sale
    $599,900

    Residential Income - Chicago, IL

    Days on Market:
    32
    Last Refresh:
    Dec 10 at 12:06 pm

    Property Features for 1621 W 38Th Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    17314310150000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1898
    Architectural style
    Other

    Real People Realty (708) 634-0103 [email protected]

    Listing agent JoAnna Reid (708) 634-0103 License #471020888

    Listing date Nov 9, 2025

    MLS# 12493844 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Residential Income Property

    Located in Chicago, IL, this residential income property is situated in McKinley Park. It features separate entrances and in-unit laundry hookups. The property includes a finished one-bedroom attic, suitable for extended family or additional rental income. The location provides convenient access to the expressway, public transportation, and shopping.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.66634
    Latitude
    41.8238471

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    FAQs

    What type of property is this?
    Apartment building - Residential income property in McKinley Park with separate entrances.
    Where is this apartment building located?
    The property is located at 1621 W 38Th Pl Chicago, IL.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - Prime location with easy access to expressway, public transportation, and shopping.; - Separate entrances offer flexibility for living or renting.; - Finished one-bedroom attic, ideal for extended family or extra rental income.
    (708) 634-0103
    Request Owner's contact information
    1621 W 38Th Pl Chicago, IL 60609
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    Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1621 W 38Th Pl Chicago, IL 60609
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