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  • $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

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    $1,364/mo

    Rent Zestimate®

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    $284/mo

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    $284/mo

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    What's special

    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.

    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#: 12453484MLS Logo

    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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