Active

1643 38TH Place

Chicago, IL 60609
$429,000
8beds
3baths
sqft
Ask Dwello about this home
Anything from "is it priced right?" to "what's the catch?"

About this home

Beautiful 3-unit building located in the desirable McKinley Park neighborhood. Excellent investment opportunity or owner-occupant property with strong income potential. The property features three functional units consisting of a 3-bedroom, 1-bathroom first-floor unit (tenant occupied), a vacant 2-bedroom, 1-bathroom second-floor unit, and a 3-bedroom, 1-bathroom third-floor unit (tenant occupied). Additional highlights include a large indoor garage with 4 parking spaces, offering added convenience and possible extra income potential. Two units are currently occupied, providing immediate rental income, while the vacant second-floor unit offers flexibility for owner occupancy or lease-up. Conveniently located near parks, shopping, dining, public transportation, and major roadways with easy access to downtown Chicago. Great opportunity to own a multi-unit property in a sought-after location.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Garage spaces4
Lot size
Annual tax$6,830.84
CountyCook
MLS #MRD12628917
Days on market2

Features

Heating
SteamRadiator(s)
Parking
YesGarage OwnedDetachedGarage
Construction
BrickFrame
Sewer
Public Sewer
Listed by
Chi Real Estate Group LLC
Wing Ho

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/25/2026, 8:01:36 AM. All data should be independently verified.

$429,000
8 bd · 3 ba
You + your agent

What do you think?

React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.

Loading…