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Chicago Multifamily Residential Income
For Sale
$349,900
Pending

3038 W 38th Place, Chicago, IL 60632

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market50

Property Features for 3038 W 38th Place

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 9, Bedroom 7
Parking 2
Parking features Garage, Open
Patio and Porch features Porch
Basement Partially Finished, Partial
Elementary school district 299
Middle school district 299
High school district 299
Directions W Pershing Rd to S California, north to 38th Pl, east to property
Subdivision CHI - Brighton Park
Standard status Pending
APN 16363170250000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 4494

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1908
Building materials Brick
Listing Agency: Redfin Corporation
Listed By: Jacob Reiner · License #475191364
Added: Jul 9 Changed: Aug 20 Last Checked: Aug 27 at 9:06AM
MLS# 12698713

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 for-sale multifamily residential income property is located at 3038 W 38th Place in Chicago, Illinois 60632.

The offering is listed as a multifamily/other multifamily asset. No additional unit mix, building size, or specific property condition details were provided with the listing information.

Key Highlights

  • Built in 1908 with brick construction
  • 9 bedrooms and 4 bathrooms, plus a basement
  • Natural gas heating

Property Analytics

Current Use

Multifamily properties

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.

Location Intelligence

Trade Area within ½ mile

859
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - For sale multifamily property in Chicago, IL 60632.
Where is this multifamily property located?
The property is located at 3038 W 38th Place Chicago, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Built in 1908 with brick construction; 9 bedrooms and 4 bathrooms, plus a basement; Natural gas heating
More about this property
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