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$599,900
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Property Description
Rare double-lot investment opportunity! This all-brick 4-unit property sits on a 6,250 sq. ft. double lot with 2 separate PINs and strong value-add potential. Features include a classic 3-unit brownstone with unfinished attic, a rear 3-story coach house with basement and duplexable attic space, plus 4 rear parking spaces. Zoned RS-3 and legally zoned as a 4-flat. Conveniently located near I-55, public transportation, schools, parks, shopping, and restaurants. Excellent opportunity for investors or owner-occupants looking to maximize cash flow and future value. Property sold AS-IS.
Full Property Details
Full Property Details for 2853 W 40th St
General
- Price: $599,900
- Taxes: $6,160 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12661343
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 6
- Upper - Full Baths: 5
Bedrooms
- Total Bedrooms: 10
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access, Historical District
Parking
- Total Spaces: 4
- Parking Features: Yes, Owned
Location
- Area: CHI - Brighton Park
- County: Cook
- Township: Lake
- Driving Directions: Archer Ave (East or West) TO Francisco Ave (North) TO 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
- Architectural Info: Brownstone
- Architectural Style: Brownstone
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Year Built: 1914
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3150 SQ FT
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1914
- Tax Amount: $6,160.67
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 19011110030000
Listed by RE/MAX Mi Casa
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Schools
Schools serving 2853 W 40th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Brighton Park Elementary School 3825 South Washtenaw Avenue, Chicago, IL 60632 | K-8 | 0.3 mi |
Thomas Kelly College Preparatory 4136 South California Avenue, Chicago, IL 60632 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 2853 W 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,144
—
$21,000
75%
2023
$1,144
7%
$12,021
—
2022
$1,072
-41%
$12,021
-20%
2021
$1,811
36%
$15,000
23%
2020
$1,332
-37%
$12,146
-12%
2019
$2,098
2%
$13,803
—
2018
$2,061
27%
$13,803
27%
2017
$1,620
-4%
$10,851
—
2016
$1,684
11%
$10,851
—
2015
$1,519
5%
$10,851
5%
2014
$1,453
3%
$10,338
—
2013
$1,413
—
$10,338
—
2012
$1,419
—
$10,338
—
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 2853 W 40th St
2853 W 40th Street, Chicago, IL 60632 (MLS# 12661343) is a Multi-Family property with 4 units containing 10 bedrooms and 0 full bathrooms. 2853 W 40th Street is currently listed for $599,900 and was received on May 28, 2026. Want to learn more about 2853 W 40th Street? Do you have questions about finding other Multi-Family real estate for sale in Brighton Park? You can browse all Brighton Park real estate or contact a Coldwell Banker agent to request more information.

