$599,000

1818 W 78th Street, Chicago, IL 60620

  • 5,588 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $107/sqft
  • Property List Date Icon Listed 1 month ago

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!

Listing Status:
Active
Listing Office:
@properties Commercial : 773-641-9459
Listing Agent:
David Urbaniak : 773-641-9459
MLS ID:
12384274
  • Basement: Unfinished
  • A/C: None
  • Fireplace: Fireplaces: 0

This listing courtesy of David Urbaniak, @properties Commercial

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Joplin Elementary School

7931 S Honore St, Chicago, IL, 60620

Grades KG-8

0.19 miles away

J

Joplin Elementary School

7931 S Honore St, Chicago, IL, 60620

Grades KG-8

0.19 miles away

C

Cics - Ralph Ellison Campus

1817 W 80th St, Chicago, IL, 60620

Grades 9-12

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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