Closed

$474,900

3034 38th Place, Chicago, IL 60632
9 Beds5 Baths9 days
3034 38th Place·Chicago, IL 60632
9Bedrooms
5Bathrooms
1903Year Built
About This Home

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# 12453484Listed August 22, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms5
Total Rooms23

Size & Structure

Year Built1903
Lot Size125x 25

Location

CountyCook
TownshipLake
Zip Code60632

Financial

List Price$474,900
Annual Taxes (2023)$5,095
Monthly Tax Est.$425
Parcel #16363170260000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedFullWalk-Out Access
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesOwned
Tax & Financial
Annual Taxes
$5,095
Tax Year 2023
Monthly Tax Est.
$425
per month
Property Location

3034 38th Place, Chicago, IL 60632 — Cook County

$474,900
3034 38th Place
9 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
9 days on market
125x 25
$5,095/yr taxes
$2,920
estimated monthly payment
Principal & Interest
$2,496/mo
Property Tax
$425/mo
$474,900
20% — $94,980
3%50%
6.875%
3%12%
Loan Amount
$379,920
Down Payment
$94,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Core Realty & Investments Inc.
Agent: Carlos Matos
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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