3024 W 40th Place, Chicago, IL

$380,000

Overview

  • 673861
  • Property ID
  • Updated On:
  • May 3, 2026
  • 6
  • Bedrooms
  • 2
  • Bathrooms
  • 0 ft2
  • Property Lot Size

Description

Multiple offers received. Highest and best called by 6pm on Sunday.Welcome to this exceptional 2-unit opportunity in the heart of Brighton Park, one of Chicago’s most vibrant and convenient neighborhoods.This solid brick building offers incredible space, versatility, and long-term potential-perfect for both investors and owner-occupants. Each unit features 3 generously sized bedrooms and a full bathroom, complemented by beautiful hardwood floors that run throughout, creating a warm and timeless feel. The large kitchens are designed for both function and comfort, complete with walk-in pantries that provide ample storage and everyday convenience. Step inside and you’ll immediately notice the charming foyers that welcome you home, along with enclosed rear porches offering additional living or relaxation space year-round. The property truly stands out with its expansion potential. A full, unfinished attic currently used for storage presents an exciting opportunity to create a third unit or additional living space (buyer to verify with city). The expansive basement includes laundry and dedicated work rooms, with the possibility to convert into even more usable living area. Outside, you’ll find a 2-car garage and easy street access, making parking a breeze. This is an estate sale and is being offered as-is. The previous owner occupied the first-floor unit while renting out the second floor, making this an ideal setup for both owner-occupants and investors alike. Location is key-and this one delivers. Situated within walking distance to local restaurants, shops, parks, and public transportation, this property offers both lifestyle and convenience. Enjoy quick access to everything Brighton Park has to offer, including nearby dining, grocery stores, schools, and major commuter routes. Whether you’re looking to live in one unit and rent the other, expand your investment portfolio, or unlock additional value through future improvements, this property checks all the boxes. Don’t miss the opportunity to own a versatile, income-producing property in a prime Chicago location.

Bathrooms
2
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Brick
Detached
Garage Owned
Lake Michigan
Natural Gas
Public Sewer

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$1,948.34
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,473.34

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Information for the property at 3024 W 40th Place, Chicago, IL, 60632 (Property ID: 673861) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi