3130 W 40th Place
Chicago, IL 60632

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $350,000

About this home

Discover the perfect investment opportunity or multi-generational living solution in the heart of Brighton Park. This stunning brick two-unit building offers versatility and convenience, making it an ideal choice for savvy buyers. The property features two legal units, with laundry in each unit: Unit 1 has 2 bedrooms and 1 bath; while Unit 2 boasts 3 bedrooms and 1 bath, with refinished floors in 2020. In addition, Unit 2 has a new stove that was installed in 2023 and the new kitchen backsplash really makes this a stand-out unit. The top-floor in-law suite is perfect for a live-in owner or as an additional living area, providing even more flexibility. It is completely finished and exudes a studio-like vibe with its own bathroom and separate entrance. Recent building upgrades include new copper pipes installed partially throughout the property, ensuring modern and efficient plumbing. All doors on the property are equipped with digital locks, controllable via your digital app, offering enhanced security and convenience. With a two-car garage providing plenty of space for parking and storage, this property offers everything you need. Located near Kedzie Avenue and the I-55 Stevenson Expressway, you'll have easy access to transportation and local amenities. This property is more than just a home; it's a smart investment in a vibrant neighborhood. Whether you're looking to generate rental income or accommodate extended family, this Brighton Park gem offers flexibility and potential. Don't miss out! Come visit this fantastic property and see firsthand why this multi-unit building is the perfect choice for you.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 71-80 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1950
Parking Total 2
Exterior Building Type Brick
Foundation Concrete Perimeter
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Brighton Park
Corporate Limits Chicago
Directions S Kedzie Ave, Right onto W 41st St, Left onto S Albany Ave, Left onto W 40th Pl.
Elementary School Nathan Davis Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Kelly High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 8
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Washer, Dryer
Full Baths Total 1
Lease Expiration Date 05/25
Rooms Total 3
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Deconversion N
Lot Dimensions 25X125
Lot Size Source County Records
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 19011080290000
Special Assessments N
Taxes $3,723
Tax Exemptions None
Tax Year 2022
$350,000 Listing Price:
MLS # 12067631
Investment Profile Residential Income
Listing Market Time 84 days
Basement None
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 06/03/2024
Year Built 1950
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...