38 West 78th, Chicago IL 60620
$424,000

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Property Description

Excellent Investment Opportunity in Chicago! This solid brick 3-unit building is a cash-flowing gem, perfect for both savvy investors and buyers ready to stop renting and start owning. The property features two spacious units with 3 bedrooms and 1.5 baths each, currently occupied with long-term, month-to-month tenants, providing immediate rental income. The lower-level unit includes 1 bedroom and 1 bath, offering even more income potential. Situated in a prime location near schools, parks, shopping, dining, and public transportation, with quick access to the expressway for easy commuting. Sold as-is, this property offers endless potential to build equity while generating income. Don't miss this chance-multi-units in this area move fast!

Features & Information

Key Details

  • List Price $424,000
  • Property Taxes $0
  • Price/ Sq. Ft. Unavailable
  • Year Built 1962
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 12
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 61-70 Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Microwave
  • Unit 2 Stove, Refrigerator, Microwave
  • Unit 3 Stove, Refrigerator, Microwave

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property Dan Ryan To 79th W. To Corner N. To 78th W To Address
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 0
  • Tax Year 2023
  • Tax Exemptions Homeowner,Other
  • Parcel Identification Number 20284180210000

Utilities

  • Sewer Sewer-Publ

Listed by: Keller Williams Preferred Rlty | Phone: 708.798.1111
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/14/2025 2:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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