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Four-Unit Quadplex with Vacancy
For Sale
Under Contract
$385,000

2856 W 38th Place, Chicago, IL 60632

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market41

Property Features for 2856 W 38th Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 5
Parking 2
Parking features Off Street
Fencing Fenced
Elementary school district 299
Middle school district 299
High school district 299
Directions California Ave to 38th Pl South to address
Subdivision CHI - Brighton Park
Standard status Active Under Contract
APN 16363190260000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3772

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1893
Building materials Aluminum Siding
Roof type Asphalt
Architectural style Other
Listing Agency: RE/MAX 10 in the Park · RE/MAX International
Listed By: Thomas Domasik · License #475129362
Added: Jul 24 Changed: Sep 2 Last Checked: Sep 2 at 6:06PM
MLS# 12712278

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 quadplex in Chicago includes one vacant unit and three occupied units. The property was built in 1893 and features aluminum siding, asphalt roofing, natural gas heat, public sewer service, off-street parking, and a fenced site. MULTI zoning supports its multifamily classification.

Located near an expressway, the building is also close to shopping, restaurants, and everyday services. Its configuration provides four residential units within an established multifamily property, with current occupancy in three units and immediate availability in the remaining unit.

Key Highlights

  • Four‑unit quadplex with one vacant unit and three occupied units
  • MULTI zoning for multifamily use
  • Built in 1893

Property Analytics

Current Use

Quadplexes

Suggested Use

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

948
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 - MULTI-zoned building with one available unit and three occupied units.
Where is this quadplex located?
The property is located at 2856 W 38th Place Chicago, IL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Four‑unit quadplex with one vacant unit and three occupied units; MULTI zoning for multifamily use; Built in 1893
More about this property
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