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2854 W 38th Place Chicago, IL 60632 Multi Unit - Multiple New

New - 42 Hours Ago
  • 2854 W 38th Place , Chicago, IL 60632 Main Photo

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Description

Come grow your investment in the booming Brighton Park neighborhood with this 2-flat offering long-term income potential. Its convenient location near the expressway provides an easy downtown commute, while nearby shopping, restaurants, and everyday conveniences make it an attractive choice for tenants. Whether you're looking to live in one unit while renting the other or add an income-producing property to your investment portfolio, this property offers excellent upside. Both units are currently rented with below-market rents, providing immediate rental income today and strong potential for increased future returns. Offered as a long-term owner estate sale, this is a rare opportunity to acquire a well-located multi-unit property. It can be purchased separately or as part of a package with the neighboring buildings at 2858 W. 38th Place and 2856 W. 38th Place, creating an exceptional investment opportunity. Easy to buy and ready for its next owner-schedule your viewing today!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Cook
Listed By:
RE/MAX 10 in the Park 708-923-0900
MRED MLS
$245,000
Est. $1,664/mo
4beds
2baths
New to the Market New
BEDS4 BATHS2 full MLS#12712270
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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2854 W 38th Place , Chicago, IL 60632.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $245,000$245,000$245,000
Down Payment $49,000$8,575$61,250
Monthly Mortgage Amount $1,223$1,481$1,526
Taxes $341$341$341
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$108$0
Monthly Estimated Total $1,664$2,030$1,967

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