1818 W 78th Street Chicago IL 60620 MLS #MRD12384274

MLS #MRD12384274 image #0MLS #MRD12384274 image #1MLS #MRD12384274 image #2MLS #MRD12384274 image #3MLS #MRD12384274 image #4MLS #MRD12384274 image #5
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!

Property Details

Price:
$599,000
MLS #:
MRD12384274
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiauburngresham
Listed Date:
Jun 10, 2025
Total Sq Ft:
5,588
Year Built:
1928
Chi – Auburn GreshamChiauburngresham

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Roof
Membrane

Financial

Maintenance Fee
$1,800
Net Operating Income
$56,892
Tax Year
2023
Taxes
$4,191

Listing Agent & Office

David Urbaniak
@properties Commercial

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