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$595,900

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
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PRICE DROPPED!!! Exceptional investment opportunity in a highly desirable Chicago location. This sun-filled brick 2-flat offers 16 total rooms plus a full attic with exciting expansion potential, delivering both character and long-term value. Unit 1 and Unit 2 each feature 3 spacious bedrooms, generous living and dining areas, hardwood flooring, and remodeled bathrooms plus 2 bathrooms in each apartment. Both units provide ample storage, enclosed porches, and separate gas and electric utilities for rental efficiency and flexibility. Highlights include a complete tear-off roof (October of 2025), along with a two-car detached garage. Located minutes from the peaceful 69-acre green space of McKinley Park, with easy access to I-55, I-94, public transit, and vibrant neighborhoods including Chinatown, Pilsen, and Little Italy, this rare property offers timeless character, strong income potential, and exceptional location advantage. Please note side City Lot is available for SALE when purchased with 2 Unit Building for $135k by itself for investment $160k pictures are shown in the listing.

Full Property Details for 1633 W 38th St

General

  • Price: $595,900
  • Taxes: $4,008 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12582443
  • Updated: 3/31/2026
  • Added to Site: 47 day(s) ago

Rental Information

  • Complex Features: Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 6

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - McKinley Park
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Ashland Avenue to South 38th St, go west to the property.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Aluminum Siding, Brick
  • Exterior Const.: Aluminum Siding, Brick
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Year Built: 1900
  • Built Before 1978: Yes
  • Remodeled/Updated: 2023

Unit Information

  • Units in Building: 2

Additional Structures

  • Other Structures: Garage(s), Storage

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 3, 100 SQ FT

Financial Considerations

  • Assessment Year: 1900
  • Tax Amount: $4,008.83
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 17314300110000

Listed by Realty of America, LLC

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Listing agents

— 1633 W 38th St —

  • Realty of America, LLC

  • Realty of America, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1633 W 38th St

School District:Chicago Public School District 299
NameGradesDistance
Greene N Elementary School
3525 South Honore Street, Chicago, IL 60609
K-50.4 mi
Evergreen Academy Middle School
3537 South Paulina Street, Chicago, IL 60609
6-80.3 mi
Thomas Kelly College Preparatory
4136 South California Avenue, Chicago, IL 60632
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1633 W 38th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Price Reduced
$595,900
-1.65%
MLS
3/05/2026
Listed
$605,900
68.31%
MLS
4/15/2022
Sold
$360,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1633 W 38th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,009
3%
$19,000
—
2022
$3,908
2%
$19,000
—
2021
$3,821
-17%
$19,000
-8%
2020
$4,611
-4%
$20,698
-13%
2019
$4,780
2%
$23,791
—
2018
$4,700
-10%
$23,791
-2%
2017
$5,250
7%
$24,388
—
2016
$4,885
9%
$24,388
—
2015
$4,469
20%
$24,388
22%
2014
$3,711
2%
$20,002
—
2013
$3,638
1%
$20,002
—
2012
$3,589
—
$20,002
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1633 W 38th Street, Chicago, IL 60609 (MLS# 12582443) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 1633 W 38th Street is currently listed for $595,900 and was received on March 05, 2026. Want to learn more about 1633 W 38th Street? Do you have questions about finding other Multi-Family real estate for sale in McKinley Park? You can browse all McKinley Park real estate or contact a Coldwell Banker agent to request more information.

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