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Four-Unit Quadplex
For Sale
Under Contract
$440,000

2858 W 38th Place, Chicago, IL 60632

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market41

Property Features for 2858 W 38th Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 4, Basement, Bedroom 10, Bedroom 3, Bathroom 2, Bedroom 9, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 5
Fencing Fenced
Basement Partial, Unfinished
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 16363190250000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6396

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1893
Building materials Vinyl 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 11:06PM
MLS# 12712285

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 Chicago quadplex contains four residential units across two structures. The front building rises two stories and houses two units, while a rear 1.5-story coach house provides two additional units. The property includes 10 bedrooms, 4 bathrooms, a basement, vinyl siding, an asphalt roof, natural-gas heating, and public sewer service. The grounds are fenced, and the property is zoned MULTI.

Located in Brighton Park near expressway access, the property offers connection to downtown along with nearby shopping and restaurants. Two units are vacant, while two are occupied under existing below-market rents. The property is being offered as a long-term owner estate sale and may be acquired separately or with the neighboring buildings at 2856 W. 38th Place and 2854 W. 38th Place.

Key Highlights

  • Four residential units arranged across a two‑story front building and 1.5‑story rear coach house
  • 10 bedrooms, 4 bathrooms, and a basement
  • Two units vacant; two units occupied with below‑market rents

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Two-building layout includes a rear coach house, fenced grounds, and separately configured residential units.
Where is this quadplex located?
The property is located at 2858 W 38th Place Chicago, IL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Four residential units arranged across a two‑story front building and 1.5‑story rear coach house; 10 bedrooms, 4 bathrooms, and a basement; Two units vacant; two units occupied with below‑market rents
More about this property
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