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2854 W 38th Place, Chicago, IL, 60632
Two-Unit Residential Income Property

2854 W 38th Place Chicago, IL 60632

New
For Sale
$245,000

MULTI_FAMILY - Other - Chicago, IL

Days on Market4

Property Features for 2854 W 38th Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1
Parking 2
Parking features Off Street
Fencing Fenced
Standard status Active
APN 16363190270000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3027

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1888
Building materials Aluminum Siding, Frame
Roof type Asphalt
Architectural style Other
Listing Agency: RE/MAX 10 in the Park
Listed By: Thomas Domasik · License #475129362
Added: Jul 24 Last Checked: Jul 27 at 12:06PM
MLS# 12712270

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 2-flat residential income property is offered for sale as a long-term owner estate sale. Both units are currently rented with below-market rents, providing immediate rental income and opportunity for future rent growth.

The property is located at 2854 W 38th Place in Chicago and is described as conveniently near the expressway and surrounded by everyday amenities such as shopping and restaurants.

If you’re building a broader acquisition, it can be purchased separately or as part of a package with the neighboring buildings at 2858 W 38th Place and 2856 W 38th Place. The property is listed under multifamily zoning (MULTI).

Key Highlights

  • 2‑flat multifamily with all units currently rented
  • Year built 1888; aluminum siding exterior with frame construction
  • Natural gas heating; asphalt roof

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

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

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - A 2-flat multifamily property with both units currently rented under below-market rents, offered for long-term ownership.
Where is this duplex located?
The property is located at 2854 W 38th Place Chicago, IL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 2‑flat multifamily with all units currently rented; Year built 1888; aluminum siding exterior with frame construction; Natural gas heating; asphalt roof
More about this property
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