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Quadplex with Rear Coach House
For Sale
Under Contract
$599,900

2853 W 40th Street, Chicago, IL 60632

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market120

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, Bedroom 3, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 2, Basement, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 10, Bedroom 1, Bedroom 7, Bedroom 9, Bathroom 6
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: Sep 15 Last Checked: Sep 24 at 6:06PM
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.

This four-unit residential property occupies a 6,250-square-foot double lot identified by 2 separate PINs. The configuration includes a three-unit brownstone, an unfinished attic, and a detached rear coach house extending three stories with a basement and attic space that may accommodate a duplex layout. Four rear parking spaces and a patio are included. The property is being sold AS-IS.

The site is located at 2853 W 40th Street in Chicago, near I-55, public transportation, schools, parks, shopping, and restaurants. Public sewer serves the property, and natural gas heating is installed. Built in 1914, the asset provides multiple residential units across the main and rear structures.

Key Highlights

  • Four‑unit property on a 6,250 sq. ft. double lot
  • 2 separate PINs included
  • Three‑unit brownstone plus a rear 3‑story coach house

Property Analytics

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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

4
Residential units
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Four-unit property with a separate rear building, basement space, and owned parking.
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: Four‑unit property on a 6,250 sq. ft. double lot; 2 separate PINs included; Three‑unit brownstone plus a rear 3‑story coach house
More about this property
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