2853 W 40th Street, Chicago, IL 60632

Building Details

Year Built

1914

Listing office Re/Max Mi Casa

Listing date May 28, 2026

Source Crexi

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Overview

This all-brick 4-unit property is positioned on a 6,250 sq. ft. double lot with 2 separate PINs. The building includes a classic 3-unit brownstone with an unfinished attic, plus a rear 3-story coach house that has a basement and an attic space described as potentially duplexable. Off-street parking is provided with 4 rear parking spaces. The property is being sold AS-IS.

The site is zoned RS-3 and is legally zoned as a 4-flat. It is described as being conveniently located near I-55 and public transportation, with access to nearby schools, parks, shopping, and restaurants.

For investors or owner-occupants, the existing 4-unit setup—combined with attic space in both structures and a double-lot configuration—can support strategies that involve stabilizing rents and addressing deferred improvements. With the legal 4-flat status and on-site parking, the property provides a practical framework for maintaining multiple units while evaluating how to best utilize the unfinished and duplexable attic areas.

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Daycare Center Accounting Firm Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Coworking & Hybrid Office

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.6966479

Latitude

41.8207142

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FAQs

What type of property is this?

Quadplex - All-brick 4-unit home on a double lot with separate PINs, zoned RS-3 and legally configured as a 4-flat.

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: All‑brick 4‑unit property built in 1914 on a 6,250 sq. ft. double lot.; Double lot has 2 separate PINs.; Zoned RS‑3 and legally zoned as a 4‑flat.