2753 W 38th Street, Chicago IL 60632
Property Description
Welcome to 2753 W 38th St, a great investment opportunity located in the Brighton Park neighborhood of Chicago. This property offers excellent potential for investors looking to add to their portfolio or owner-occupants seeking a property with existing rental income. The property currently has 1 tenant on a month-to-month basis one did just move out , it was generating a combined monthly rental income of $3,050 ($1,500 and $1,550). The existing rental income provides an immediate income stream while offering the new owner flexibility with future plans for the property. The property is well insulated, including the interior and exterior walls, floors, and ceilings, providing added comfort and energy efficiency throughout the home. An adjacent, separate lot is also available and can be purchased separately or together with the property. This additional parcel provides an excellent opportunity for a buyer looking for additional land, potential future development, parking, or other permitted uses. Conveniently located near major streets, public transportation, shopping, restaurants, schools, parks, and other neighborhood amenities. The property provides easy access to surrounding Chicago neighborhoods and major transportation routes. This is an excellent opportunity for an investor seeking an income-producing property with additional land available, or for a buyer looking for a property with multiple options for future use. Schedule your showing today and explore the possibilities this property and adjacent lot have to offer. Property is an estate sale being SOLD AS IS. Property was reactivated due to issues with buyers loan.
Features & Information
Key Details
- List Price $425,000
- Property Taxes $3,243
- Year Built 1888
- Status Active
- List Market Time 27
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Oven/Built-in
- Rent $1,500/mo
- Tenant Pays Electric,Gas
- Lease Expires mtm
-
Unit 2
- Floor 2
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Oven/Built-in
- Rent $1,550/mo
- Tenant Pays Electric,Gas
- Lease Expires mtm
Exterior Features
-
Parking
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property 38th St To California Ave, Then West To 2753 W 38th St. Property Is Located On The North Side Of 38th St
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3243.37
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 16364220030000
Listed by Michael Woloszczuk for Avenue Properties Chicago | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/9/2026 10:02 PM. 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.
Explore Brighton Park
Brighton Park has always been influenced by Chicago's transportation industry. It originally developed in the early 1900s when the railroad business was booming, which prompted the neighborhood to became a major hub in the railroad network. Today, with the renewal of nearby Midway International Airport and an influx of Hispanic American residents, Brighton Park is once again transforming itself. Building an identity as an enclave for Latin culture, cuisine and art, this section of Chicago is home to a selection of Mexican restaurants and grocery stores, and even celebrates traditional Mexican folkloric dance. Still flanked on all sides by railroad tracks and major travel routes (namely the Orange Line "El" and the Stevenson Highway), Brighton Park is just a short hop, skip and train ride away from the downtown Loop.
Read More About Brighton Park...
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