24
See all 24 photos
$470,000
Est. payment /mo
7,379 SqFt
Price Dropped by $10K
1203 W 78th PL Chicago, IL 60620
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 7,379 sqft
Price per Sqft $63
MLS Listing ID 12333403
Maintenance Fees $1,200
Year Built 1923
Annual Tax Amount $12,898
Tax Year 2023
Lot Size 0.860 Acres
Lot Dimensions 25 X 115
Property Sub-Type Multi Family 5+
Property Description
Welcome to your 12 Unit Investment opportunity in the EMERGING Auburn Gresham area of Chicago! Millions of Dollars in New Development has been invested from 79th and Lowe to 79th and Ashland. ****This well maintained 12-unit building offers a prime chance to expand your portfolio while stepping into a turnkey operation. The current rents are below todays market value. Here's a glimpse into what this property has to offer. ****Nestled in the Auburn Gresham Community near bus lines, shopping and the developing 79th Street Corridor, this 12-unit gem stands as a testament of good maintenance, community care and pride while Boasting a rich history of 98 years. This property exudes a sense of reliability and longevity. ****Key Features: Appliances are Included. FORECASTED MONTHLY INCOME: 8,280 ANNUAL INCOME: 99,360 VACANCY: 4,968 EXPENSES: 49,322 and THE ASSET HAS A FAVORABLE CAPITALIZATION RATE!
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Sewer Connected, Water Available
Roof Type Membrane,Rubber
Building
Dwelling Type Multi Family 5+
Sewer Storm Sewer
Water Municipal Water
Level or Stories 3
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael LaFargue • Coldwell Banker Realty