3034 W 38 Th Pl, Home with 9 bedrooms, 5 bathrooms and 4 parking in Chicago IL | Image 1

$474,900

3034 W 38 Th Pl, Chicago, IL

Name: 3034 W 38 Th Pl, For Sale in Chicago - eXp Commercial Brokerage
Brand: Core Realty & Investments Inc.
SKU: 12453484
Price: 474900 CAD

Real Estate

For Sale

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954

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage No

Taxes $5,095

Days Active 0

Lot Size

Approx. Age 1903

MLS® Number 12453484

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Rare, Cash-Flowing 4-Unit in Red-Hot Brighton Park! This incredibly spacious and fully legal 4-unit brick building in the heart of Brighton Park offers a rare opportunity to own a cash-positive investment property. When fully rented, this property generates positive cash flow even after mortgage payments. The property is in high demand-vacancies typically generate 100+ inquiries, and two units are already occupied by excellent long-term tenants. The other two units are move-in ready, allowing the new owner the flexibility to live on-site or lease them out immediately. The owner, a retiring investor with a long and successful portfolio history, has made extensive updates, including:Exterior masonry renovations in 2022: (tuckpointing, parapet wall, coping tiles, chimney, and roof repairs);Most windows replaced in 2013-2014; New flooring in one unit (2025); New furnaces in rear second-floor unit (2021 & 2022); Two water heaters replaced (2019 & 2020); Boilers replaced in 2014 & 2019; Electrical service upgraded in 2013, with new outlets run to every room in each 2-bedroom unit. Additional features include: 4 large storage units (one for each apartment); 4 parking spaces generating extra income; Separate utilities: Each unit is separately metered for gas and electric-tenants pay their own utilities; Zoned for 4 units - fully legal in the City of Chicago There is also a basement space with additional finished living area (including a kitchen, living room, full bath, and bedroom) that may serve as related living. Discuss with your agent how best to present this space depending on financing requirements. This property will sell fast. Bring your best offer and don't miss your chance to own a turn-key, income-producing building in one of Chicago's most rapidly appreciating neighborhoods.Show Description

MLS® Number12453484

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNo

Approx. Age1903

BasementPartially Finished, Full, Walk-Out Access

DrivewayOn Site, Owned

Garage Spaces

HeatNatural Gas

A/C

Heating Fuel

Extras

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