1643 W 38TH Place, Chicago, IL 60609
Description
Beautiful 3-unit building located in the desirable McKinley Park neighborhood. Excellent investment opportunity or owner-occupant property with strong income potential. The property features three functional units consisting of a 3-bedroom, 1-bathroom first-floor unit (tenant occupied), a vacant 2-bedroom, 1-bathroom second-floor unit, and a 3-bedroom, 1-bathroom third-floor unit (tenant occupied). Additional highlights include a large indoor garage with 4 parking spaces, offering added convenience and possible extra income potential. Two units are currently occupied, providing immediate rental income, while the vacant second-floor unit offers flexibility for owner occupancy or lease-up. Conveniently located near parks, shopping, dining, public transportation, and major roadways with easy access to downtown Chicago. Great opportunity to own a multi-unit property in a sought-after location.
- Listing Courtesy of: Chi Real Estate Group LLC
Details
Updated on June 5, 2026 at 10:27 am-
Property ID MRD12662383
-
Price $399,000
-
Bedrooms 8
-
Garages 4
-
Property Type Multi Family
-
Property Status Active
-
Parking Total 4
-
Parcel Number 17314310070000
-
Water Source Public
-
Sewer Public Sewer
-
MLS Status Active
-
Days On Market 7
-
Cumulative Days On Market 42
-
Tax Annual Amount 6830.84
-
Heating Steam,Radiator(s)
-
Parking Features Yes,Garage Owned,Detached,Garage
-
Directions PERSHING TO PAULINA, PAULINA TO 38TH PL TO 1643
-
Zoning MULTI
Address
Open on Google Maps- Address 1643 W 38TH Place
- City Chicago
- State/county IL
- Zip/Postal Code 60609
- Country United States
Overview
- Multi Family
- 8
- 4
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees