2858 W 38th Place

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Address: 2858 W 38th Pl, Chicago, IL 60632, USA
Chicago & Midwest + Apartment Buildings
Created date: July 29, 2026
Date last updated: September 21, 2026
Price: $440,000Investment Analyzer NEW!

Property Description

Buy. Rent. Sell. Retire. Many have done it-and this is a great place to do the same! Opportunity awaits in the booming Brighton Park neighborhood with this corner 4-unit investment property featuring a two-story front building with two units and a 1.5-story coach house in the rear with two additional units. Conveniently located near the expressway for an easy downtown commute, as well as shopping and restaurants, the location makes this property highly desirable for tenants. Whether you're looking to live in one unit while renting the others or add a solid investment to your portfolio, this property offers tremendous potential. Two units are currently vacant, while the remaining two are occupied with below-market rents, providing excellent upside for future income. This long-term owner estate sale presents a rare opportunity to acquire a well-located multi-unit property. It can be purchased separately or as part of a package with the two neighboring buildings at 2856 W. 38th Place and 2854 W. 38th Place. Easy to see and ready for its next owner-schedule your viewing today!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $440,000
Year Built: 1893
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 10
Number of Bathrooms: 4
Address: 2858 W 38th Place, Chicago, IL 60632, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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