1643 W 38TH Place, Chicago, IL
  • $399,000

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 1643 W 38TH Place
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60609
  • Country United States

Overview

Property ID: MRD12662383
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Garages

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