Presenting a prime development opportunity at 2929 West 38th Street. This expansive property sits on a substantial lot, spanning approximately 12,500 sqft, or four city lots and zoned M1-2 with a very real possibility of rezoning. Located on a dynamic residential street, it offers a blend of multifamily and single-family homes, including rehabs and new builds. This site is perfect for developers looking to capitalize on an evolving neighborhood.
Property Details
Property Features
Listing Office:
Office Name: Compass
Office Phone: (773) 466-7150
Listing Agent: Benyamin Lalez
Virtual/3D Tour
Virtual Tour: 2929 W 38th St
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Lot Features
Lot Information:
Lot Size: 0.29 Acres
Other
Directions Information:
Directions: From the Dan Ryan Expressway (I-90/I-94): Exit at 38th Street, head west, and the property will be on your left. From I-55: Take Cermak Rd west, turn right onto Ashland Ave, then turn left on 38th Street. The property will be on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $819,000
Tax Information:
Annual Amount: $15,092
Tax Year: 2019
What can I afford?
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $455K more than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12195500
Listing Office:
Office Name: Compass
Office Phone: (773) 466-7150
Listing Agent: Benyamin Lalez
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Shields Elementary School
4250 S Rockwell St
Distance between this listing and this school0.72 miles
Public District Grades PK-4
9
/10
Everett Elementary School
3419 S Bell Ave
Distance between this listing and this school1.03 miles
Public District Grades PK-5
2
/10
McCormick Elementary School
2712 S Sawyer Ave
Distance between this listing and this school1.28 miles
Public District Grades PK-5
Nearby Schools
2
/10
N. Davis Elementary School
3014 W 39th Pl
Distance between this listing and this school0.18 miles
Public District Grades KG-8
4
/10
Acero Charter School Network- Sandra Cisneros Campus
2744 W Pershing Rd
Distance between this listing and this school0.23 miles
Public Charter Grades KG-8
5
/10
Brighton Park Elementary School
3825 S Washtenaw Ave
Distance between this listing and this school0.35 miles
Public District Grades KG-8
Nearby Schools
2
/10
Kelly High School
4136 S California Ave
Distance between this listing and this school0.47 miles
Public District Grades 9-12
7
/10
Horizon Science Academy-Mckinley Park Charter School
2245 W Pershing Rd
Distance between this listing and this school0.85 miles
Public Charter Grades KG-12
6
/10
Noble St Charter - Mansueto
2911 W 47th St
Distance between this listing and this school1.17 miles
The neighbors living near this home have an average income of $34,600. The majority of Chicago, IL residents have income less than $35k annually. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2929 W 38th St
What is the listing price of this property?
The listing price of 2929 W 38th St property is $819,000.
What type of property is this?
The property 2929 W 38th St is land located in Chicago, Illinois, 60632.
Is this property for sale now?
Active Listing: 2929 W 38th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $15,092 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 13, 2011 for $692,000. (source: MLS/tax record).
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This home is located at 2929 W 38th St in Chicago, IL and zip code 60632 in the Brighton Park neighborhood. This home sits on a 0.29 acre lot. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $819,000.
Over 521 listings were sold over their listed price in November 2024 in Chicago, IL. In the same period over 845 listings were sold below the listed price and 254 listings were sold for the listed price. Between October 2024 and November 2024, Chicago, IL real estate market has seen increase in the number of listings by 2.1%. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $363,936.
From Rocket Homes Real Estate and based on county public records data.