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38 W 78th Street, 
Chicago, IL 60620

$399,900

7

Beds

5

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Catherine Heichman
Coldwell Banker Realty

Last updated:

January 4, 2026, 01:08 AM

MLS#

12536788

Source:

MLSNI

Company Logo

About This Home

38 W 78th Street

Smart House-Hack & Cash-Flow Opportunity in Chicago. Perfect for a first-time investor or owner-occupant looking to help cover their mortgage, this solid brick multi-unit offers multiple income streams in a convenient Chicago location. The property features two above-grade units, each with 3 bedrooms and 1.5 baths and updated kitchens and bathrooms, plus a lower-level 1-bedroom, 1-bath unit that provides additional rental income. Located near public transportation with easy access to the Dan Ryan Expressway, this property is close to schools, parks, shopping, and dining making it attractive to both tenants and owner-occupants. Live in one unit and rent the others to help cover your mortgage, or fully lease the building for strong cash flow. Sold as-is, this property presents a value-add opportunity with long-term equity growth. Multi-unit properties ideal for house hacking and first-time investors are in high demand don't miss this opportunity to build wealth through real estate.

Home Facts

Multi-Family

5 Baths

7 Bedrooms

Built in 1963

Price Summary

399,900

MLS #:

12536788

Last Updated:

January 4, 2026, 01:08 AM

Added:

7 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

3

Structure

Structure

Year Built:

1963

Finances & Disclosures

Finances

Price:

$399,900

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.