Listing provided courtesy of RE/MAX Mi CasaMREDas Distributed by MLSGrid- MLS# 12661343
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Request Info2853 W 40th StreetChicago, IL 60632
Multi-Family · 9 Beds$599,900
Active
2853 W 40th Street Overview
- Time on Site:
- 12 days
- Visits:
- 0
Rare double-lot investment opportunity! This all-brick 4-unit property sits on a 6,250 sq. ft. double lot with 2 separate PINs and strong value-add potential. Features include a classic 3-unit brownstone with unfinished attic, a rear 3-story coach house with basement and duplexable attic space, plus 4 rear parking spaces. Zoned RS-3 and legally zoned as a 4-flat. Conveniently located near I-55, public transportation, schools, parks, shopping, and restaurants. Excellent opportunity for investors or owner-occupants looking to maximize cash flow and future value. Property sold AS-IS.
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2853 W 40th Street Facts & Features
- Type Multi-Family
Details
General
School Information
- School District: 299
Building Information
- New Construction: No
- Year Built: 1914
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Brighton Park
- Township: Lake
Tax Information
- Tax Annual Amount: $6,160.67
- Tax Year: 2025
General Information
- Ownership: Fee Simple
- Parcel Number: 19011110030000
- Property Type: Residential Income
- Special Listing Conditions: List Broker Must Accompany
- Zoning: MULTI
Interior
Parking Information
- Half Baths Building: 1
Beds/Baths
- Bathrooms Total: 6
- Bedrooms Total: 10
- Bedrooms Possible: 10
- Full Baths Building: 5
General Information
- Basement: Unfinished, Full
- Heating: Natural Gas
- Rooms Total: 18
Exterior
Parking Information
- Parking Features: Yes, Owned
- Parking Total: 4
Lot Information
- Additional Parcels: Yes
- Lot Size Dimensions: 3150 SQ FT
- Water Source: Lake Michigan
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Brownstone
- Construction Materials: Vinyl Siding, Brick
- Roof: Asphalt
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 950
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 775
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Actual Rent: 950
- Beds Total: 2
- Baths Total: 1
Unit 4 Details
- Unit Type: Unit 4
- Actual Rent: 1900
- Beds Total: 3
- Baths Total: 2
2853 W 40th Street Neighborhood
Community
60632 (Chicago) Demographics
31
Median Age
11,593
Population Density (per sq. mile)
16%
College Educated
$46,937
Estimated Median Income
13,824
Estimated Total Home Owners
11,346
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2853 W 40th Street Monthly Cost
2853 W 40th Street Market Data
Based on the last 30 days in this zip code
$356,042
Average List Price
$254
Average Price per Square Foot
16
Properties Sold
60
Average Days on Market
48
Properties for Sale
2853 W 40th Street History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: MRED | June 17, 2026 |