Chicago, IL 60632,3034 W 38th PL
Chicago, IL 60632,3034 W 38th PL
Chicago, IL 60632,3034 W 38th PL
40
$490,000
$474,900
3.2%
Est.Price: ?

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9 BD
5 BA

3034 W 38th PL Chicago, IL 60632

Est. payment /mo
SOLD DATE : 10/31/2025

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Key Details

Sold Price $490,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12453484

Bedrooms 9

Year Built 1903

Annual Tax Amount $5,095

Tax Year 2023

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Brighton Park

Interior

Heating Natural Gas

Building

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Carlos Matos of  Core Realty & Investments Inc. 
Bought with Irma Quintero of Upturn Properties LLC

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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