Two-Unit Residential Income
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
(708) 923-0900
Listed By:
Thomas Domasik · License #475129362
(708) 857-1500
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).
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
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