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All-Brick 4-Flat on Double Lot
For Sale
Under Contract
$599,900

2853 W 40th Street, Chicago, IL 60632

MULTI_FAMILY - Other - Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market75

Property Features for 2853 W 40th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 10
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bedroom 8, Bathroom 2, Bedroom 7, Bathroom 5, Bathroom 6, Bedroom 6, Basement, Bedroom 5, Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 10, Bedroom 9, Bedroom 1
Parking 4
Parking features Owned
Patio and Porch features Patio
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Archer Ave (East or West) TO Francisco Ave (North) TO Property
Subdivision CHI - Brighton Park
Standard status Active Under Contract
APN 19011110030000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6161

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1914
Building materials Vinyl Siding, Brick
Roof type Asphalt
Architectural style Other
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Claudia Galaviz · License #475210924
Added: May 28 Changed: Aug 3 Last Checked: Aug 10 at 1:06AM
MLS# 12661343

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

All-brick quadplex/4-flat with a classic 3-unit brownstone and a rear 3-story coach house. The property includes an unfinished attic above the brownstone and a basement plus duplexable attic space in the coach house. Construction materials include brick and vinyl siding, with natural gas heating and an asphalt roof. A patio is also included, and the property offers four rear parking spaces. Built in 1914, the property is being sold as-is.

Set on a 6,250 sq. ft. double lot with two separate PINs, the layout provides multiple configurations within one address. The property is zoned RS-3 and legally zoned as a 4-flat.

Located at 2853 W 40th Street, Chicago, IL 60632, the home is described as convenient to I-55, public transportation, schools, parks, shopping, and restaurants.

Key Highlights

  • 6,250 sq. ft. double lot with two separate PINs
  • Zoned RS‑3 and legally zoned as a 4‑flat
  • Classic 3‑unit brownstone with unfinished attic

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Daycare Center (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,059
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Zoned RS-3 and legally a 4-flat with two PINs, a patio, and four rear parking spaces.
Where is this quadplex located?
The property is located at 2853 W 40th Street 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: 6,250 sq. ft. double lot with two separate PINs; Zoned RS‑3 and legally zoned as a 4‑flat; Classic 3‑unit brownstone with unfinished attic
More about this property
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