Listing provided courtesy of Coldwell Banker RealtyMREDMLS# 12634817MLS Provider
  • 59 days on site
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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.

Source: MRED, MLS#: 12634817

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  • Property Type
    Residential Income
  • Lot
    0.07 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3024 W 40th Place


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/5/2026Source: MRED Status Change
Contingent
5/1/2026Source: MRED Added to Database
May 01, 2026