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$369,000
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Property 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.
Full Property Details
Full Property Details for 1643 W 38th Pl
General
- Price: $369,000
- Taxes: $6,830 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12662383
- Updated: 7/22/2026
- Added to Site: 55 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - McKinley Park
- County: Cook
- Township: South Chicago
- Driving Directions: PERSHING TO PAULINA, PAULINA TO 38TH PL TO 1643
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Steam, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Basement Desc.: None
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 124
- Zoning: MULTI
Financial Considerations
- Tax Amount: $6,830.84
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17314310070000
Listed by Chi Real Estate Group LLC
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Schools
Schools serving 1643 W 38th Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Greene N Elementary School 3525 South Honore Street, Chicago, IL 60609 | K-5 | 0.4 mi |
Evergreen Academy Middle School 3537 South Paulina Street, Chicago, IL 60609 | 6-8 | 0.3 mi |
Thomas Kelly College Preparatory 4136 South California Avenue, Chicago, IL 60632 | 9-12 | 1.5 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 1643 W 38th Pl
Date
Details
Price
Change
Source
5/29/2026
Listed
$369,000
154.48%
MLS
3/31/2010
Sold
$145,000
—
Public Record
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
Tax History for 1643 W 38th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,908
—
$34,000
21%
2023
$5,908
3%
$28,000
—
2022
$5,759
2%
$28,000
—
2021
$5,631
13%
$28,000
25%
2020
$4,998
-4%
$22,436
-13%
2019
$5,181
2%
$25,789
—
2018
$5,094
-18%
$25,789
-10%
2017
$6,194
7%
$28,772
—
2016
$5,763
9%
$28,772
—
2015
$5,272
40%
$28,772
41%
2014
$3,773
2%
$20,338
—
2013
$3,699
1%
$20,338
—
2012
$3,650
—
$20,338
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1643 W 38th Pl
1643 W 38th Place, Chicago, IL 60609 (MLS# 12662383) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 1643 W 38th Place is currently listed for $369,000 and was received on May 29, 2026. Want to learn more about 1643 W 38th Place? 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.

