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$385,000
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Property Description
Inflation Deflator! Lay the foundation for your future with this outstanding investment opportunity in the booming Brighton Park neighborhood. This 4-unit building is ideally located near the expressway for an easy downtown commute and just minutes from shopping, restaurants, and other everyday conveniences, making it highly desirable for tenants. Whether you're looking to live in one unit while renting the others or expand your investment portfolio, this property offers tremendous upside. One unit is currently vacant, while the remaining three are occupied with below-market rents, providing excellent potential for increased future income. Offered as a long-term owner estate sale, this is a rare opportunity to acquire a well-located income-producing property. It may be purchased separately or as part of a package with the two neighboring buildings at 2858 W. 38th Place and 2854 W. 38th Place, creating an exceptional investment opportunity so schedule your viewing today!
Full Property Details
Full Property Details for 2856 W 38th Pl
General
- Price: $385,000
- Taxes: $3,771 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12712278
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Carbon Monoxide Detectors, Water Heater-Gas
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 2
- Parking Features: Off-Street
Location
- Area: CHI - Brighton Park
- County: Cook
- Township: South Chicago
- Driving Directions: California Ave to 38th Pl South to address
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: Traditional
- Architectural Style: Traditional
- Model: 4 FLAT
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement Desc.: None
- Roof: Asphalt
- Year Built: 1893
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Manufactured Home
- Model: 4 FLAT
Additional Structures
- Other Structures: None
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1893
- Tax Amount: $3,771.87
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16363190260000
Listed by RE/MAX 10 in the Park
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Schools
Schools serving 2856 W 38th Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Calmeca Academy Elementary School 3456 West 38th Street, Chicago, IL 60632 | PK-8 | 0.8 mi |
Thomas Kelly College Preparatory 4136 South California Avenue, Chicago, IL 60632 | 9-12 | 0.4 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 2856 W 38th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,741
—
$18,691
6%
2023
$3,741
3%
$17,633
—
2022
$3,647
3%
$17,633
—
2021
$3,546
-10%
$17,633
—
2020
$3,954
-4%
$17,634
-13%
2019
$4,098
2%
$20,269
—
2018
$4,030
-2%
$20,269
6%
2017
$4,133
7%
$19,074
—
2016
$3,845
9%
$19,074
—
2015
$3,521
1%
$19,074
2%
2014
$3,492
2%
$18,674
—
2013
$3,424
1%
$18,674
—
2012
$3,378
—
$18,674
—
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 2856 W 38th Pl
2856 W 38th Place, Chicago, IL 60632 (MLS# 12712278) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 2856 W 38th Place is currently listed for $385,000 and was received on July 24, 2026. Want to learn more about 2856 W 38th Place? 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.

