3034 W 38th St
Chicago, IL 60632
9 Beds5 Baths3,900 Sq Ft6 Days on Market
Listing Agent & Comments
Rare, Cash-Flowing 4-Unit in Red-Hot Brighton Park! This incredibly spacious and fully legal 4-unit brick building in the heart of Brighton Park offers a rare opportunity to own a cash-positive investment property. When fully rented, this property generates positive cash flow even after mortgage payments. The property is in high demand-vacancies typically generate 100+ inquiries, and two units are already occupied by excellent long-term tenants. The other two units are move-in ready, allowing the new owner the flexibility to live on-site or lease them out immediately. The owner, a retiring investor with a long and successful portfolio history, has made extensive updates, including: Exterior masonry renovations in 2022: (tuckpointing, parapet wall, coping tiles, chimney, and roof repairs); Most windows replaced in 2013-2014; New flooring in one unit 2025; New furnaces in rear second-floor unit 2021-2022; Two water heaters replaced in 2019-2020; Boilers replaced in 2014-2019; Electrical service upgraded in 2013. Additional features include: 4 large storage units; 4 parking spaces (extra income); Separate meters for gas and electricity, Tenants pay all utilities. Zoned for 4 units - fully legal. There is also a basement space with additional finished living area (including a kitchen, living room, full bath, and bedroom) that may serve as related living area. This property will sell fast. Bring your best offer and don't miss your chance to own a turn-key, income-producing building in one of Chicago's most rapidly appreciating neighborhoods.
MLS# MRD12453484 • Data provided by MRED as distributed by MLS Grid
Living Area | 3,900 Sq.Ft. |
---|---|
Lot Size | 4,251 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 9 |
Bathrooms | 5 |
Stories | 2 |
Year Built | 1903 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $5,095 |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by MRED as distributed by MLS Grid.
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HouseCanary, Inc. Brokerage
3034 W 38th St., Chicago, IL 60632
Multifamily9 Beds5 Baths3,900 Sq Ft6 Days on Market
Listing Agent & Comments
Rare, Cash-Flowing 4-Unit in Red-Hot Brighton Park! This incredibly spacious and fully legal 4-unit brick building in the heart of Brighton Park offers a rare opportunity to own a cash-positive investment property. When fully rented, this property generates positive cash flow even after mortgage payments. The property is in high demand-vacancies typically generate 100+ inquiries, and two units are already occupied by excellent long-term tenants. The other two units are move-in ready, allowing the new owner the flexibility to live on-site or lease them out immediately. The owner, a retiring investor with a long and successful portfolio history, has made extensive updates, including: Exterior masonry renovations in 2022: (tuckpointing, parapet wall, coping tiles, chimney, and roof repairs); Most windows replaced in 2013-2014; New flooring in one unit 2025; New furnaces in rear second-floor unit 2021-2022; Two water heaters replaced in 2019-2020; Boilers replaced in 2014-2019; Electrical service upgraded in 2013. Additional features include: 4 large storage units; 4 parking spaces (extra income); Separate meters for gas and electricity, Tenants pay all utilities. Zoned for 4 units - fully legal. There is also a basement space with additional finished living area (including a kitchen, living room, full bath, and bedroom) that may serve as related living area. This property will sell fast. Bring your best offer and don't miss your chance to own a turn-key, income-producing building in one of Chicago's most rapidly appreciating neighborhoods.
MLS# MRD12453484 • Data provided by MRED as distributed by MLS Grid
Living Area | 3,900 Sq.Ft. |
---|---|
Lot Size | 4,251 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 9 |
Bathrooms | 5 |
Stories | 2 |
Year Built | 1903 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $5,095 |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by MRED as distributed by MLS Grid.
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Find a Local, Experienced Real Estate Agent
This property is missing data for:
Comparable properties and forecast
New
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3034 W 38th St
Chicago, IL 60632
9 Beds5 Baths3,900 Sq Ft6 Days on Market
Listing Agent & Comments
Rare, Cash-Flowing 4-Unit in Red-Hot Brighton Park! This incredibly spacious and fully legal 4-unit brick building in the heart of Brighton Park offers a rare opportunity to own a cash-positive investment property. When fully rented, this property generates positive cash flow even after mortgage payments. The property is in high demand-vacancies typically generate 100+ inquiries, and two units are already occupied by excellent long-term tenants. The other two units are move-in ready, allowing the new owner the flexibility to live on-site or lease them out immediately. The owner, a retiring investor with a long and successful portfolio history, has made extensive updates, including: Exterior masonry renovations in 2022: (tuckpointing, parapet wall, coping tiles, chimney, and roof repairs); Most windows replaced in 2013-2014; New flooring in one unit 2025; New furnaces in rear second-floor unit 2021-2022; Two water heaters replaced in 2019-2020; Boilers replaced in 2014-2019; Electrical service upgraded in 2013. Additional features include: 4 large storage units; 4 parking spaces (extra income); Separate meters for gas and electricity, Tenants pay all utilities. Zoned for 4 units - fully legal. There is also a basement space with additional finished living area (including a kitchen, living room, full bath, and bedroom) that may serve as related living area. This property will sell fast. Bring your best offer and don't miss your chance to own a turn-key, income-producing building in one of Chicago's most rapidly appreciating neighborhoods.
MLS# MRD12453484 • Data provided by MRED as distributed by MLS Grid
Living Area | 3,900 Sq.Ft. |
---|---|
Lot Size | 4,251 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 9 |
Bathrooms | 5 |
Stories | 2 |
Year Built | 1903 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $5,095 |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by MRED as distributed by MLS Grid.
We’ll connect you with top agents in your area.
Find a Local, Experienced Real Estate Agent
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard