3034 38th Place, Brighton Park, Chicago, Illinois 60632
$490,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 1903 |
| Property Taxes: | $5,095 |
| Days On Market: | 121 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Multi-unit | |
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| 1903 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12453484 | |
| 16363170260000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 31 Oct, 2025 | Sold | $490,000 | MRED MLS |
| 30 Aug, 2025 | Under contract | $474,900 | MRED MLS |
| 22 Aug, 2025 | Listed for sale | $474,900 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
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Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 125x 25 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $5,095 |
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Listing Provided By
Core Realty & Investments Inc.
