Home Details for 2853 W 40th Street

Rare Double-Lot Investment Opportunity in Chicago! Unlock the potential of this unique 4-unit income-producing property situated on an oversized 6,250 sq. ft. double lot with 2 separate PINs - offering added flexibility and future value. The property includes 4 rear parking spaces on a concrete pad and is zoned RS-3, presenting excellent possibilities for investors, owner-occupants, or redevelopment-minded buyers. The front building features a classic all-brick 3-unit brownstone with a full unfinished attic, ideal for expansion or additional value-add potential. The rear all-brick 3-story coach house offers even more upside, featuring a full unfinished basement for storage plus a finished upper-level duplexable attic space, creating strong income and layout flexibility. Located just 5 minutes from I-55 and a short distance from public transportation, this property offers convenient access throughout the city. Centrally located near schools, parks, grocery stores, restaurants, and shopping centers, making it highly desirable for tenants and future occupants alike. Double lot. Two PINs. Multiple structures. Parking. Strong upside potential.A rare opportunity for investors looking to add value, build equity, and maximize cash flow. Property being sold AS-IS.

• Basement

  • Unfinished
  • Full

• Heating Information

  • Natural Gas