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.
Closed
Zestimate®
$49,000
3034 W 38th Pl, Chicago, IL 60632
8beds
--sqft
Multi Family
Built in 1903
-- sqft lot
$49,000 Zestimate®
$--/sqft
$1,364 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 01, 2025 at 09:32am
Listing courtesy of:
Carlos Matos 224-235-4336,
Core Realty & Investments Inc.
Bought with:
Irma Quintero
Upturn Properties LLC
Source: MRED as distributed by MLS GRID,MLS#: 12453484
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 5
Heating
- Natural Gas
Features
- Basement: Partially Finished,Full,Walk-Out Access
Property
Parking
- Total spaces: 4
- Parking features: On Site, Owned
Lot
- Size: 3,125 sqft
- Dimensions: 125x 25
Details
- Parcel number: 16363170260000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
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$49,000
2% more+$980
With Zillow Showcase(estimated)$49,980