2753 W 38th Street, Chicago, IL

$425,000

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6

Beds

About 2753 W 38th Street

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 of 2753 W 38th Street

MLS® # 12732191
Price $425,000
Bedrooms 6
Bathrooms 0.00
Year Built 1888
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 2753 W 38th Street
Area CHI - Brighton Park
City Chicago
County Cook
State IL
Zip Code 60632

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Vinyl Siding

School Information

District 299

Additional Information

Days on Market 27
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAvenue Properties Chicago

Listing Map

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