1818 W 78th ST new

Chicago,IL 60620

$ 599000

- Bed

0 Bath

5588 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,588 sqft

Price per Sqft $107

MLS Listing ID 12384274

Maintenance Fees $1,800

Year Built 1928

Annual Tax Amount $4,191

Tax Year 2023

Property Sub-Type Multi Family 5+

Property Description

Solid, stabilized, corner brick 6-flat in popular Auburn Gresham, one block north of 79th Street at Honore and 78th Street. On a nice block with many well-cared-for bungalows in an appreciating area and near transportation, shopping and more, this building is worth adding to your portfolio. 5 units are spacious two bedroom, one bath apartments and one unit is a three bedroom, one bath. Improvements made include a new roof in 2020, and tuckpointing and lintel replacement in 2022. Some units have been recently updated. Building has an installed security system in place. Tenants pay their own heat, which means strong financial performance. There is also additional upside for a new owner in higher rents, for charging for 3 off-street parking spaces, and possibly putting in coin laundry. One unit is available for first showing purposes so book now!

Location

State IL

County Cook

Area Chi - Auburn Gresham

Zoning MULTI

Interior

Cooling None

Exterior

Roof Type Membrane

Building

Dwelling Type Multi Family 5+

Structure Type Brick

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